Regulations aim to clearly identify who owns a legal entity
Residents views are being sought on potential changes to Beneficial Ownership laws on the Isle of Man.
Beneficial Ownership regulations aim to clearly identify who owns an entity such as a company.
Ian Spence of the Financial Services Authority (FSA) explains why having good regulations around this issue is important:
The Financial Services Authority wants to know what people think about introducing civil penalties regulations to broaden how the authority can deal with breaches.
The consultation is open until Monday, 28 February and is available HERE.
Voters go to the polls for Manx General Election
Upgraded CCTV for Ramsey to be funded by criminal cash
Public counters closed due to staff shortages
Church service wants people to think more about impact of disabilities
