Isle of Man Moves to Regulate Professionals in the Offshore

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Wednesday, May 1, 1991
Volume: 
7
Issue: 
5
Abstract: 
In a bill now working its way through Parliament, the Financial SErvices Commission has proposed a bill to require all companies undertaking investment business in or from the Isle of Man to obtain and maintain a license. In effect the bill would preclude Manx non-resident companies from conducting investment business.