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Crown Dependency's regulation of trust sector 'demonstrates strong overall level of compliance'

News Team, 05/02/2024

The Isle of Man Financial Authority has achieved the highest ‘compliant’ rating in nine of the 10 key areas assessed by the Group of International Finance Centre Supervisors (GIFCS), and a ‘largely compliant’ rating in the other in regards to the regulation of trust and corporate services providers (TCSPs).

GIFCS is the organisation that promotes the adoption of international regulatory standards in the banking, securities, and fiduciary sectors. The Isle ...


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