Claire Milne

Jul 17, 2024 | mondaq.com | Claire Milne

The 2024 guide to fintech law in Isle of Man covers the following topics: 1.1 PLEASE DESCRIBE THE TYPES OF FINTECH BUSINESSES THAT ARE ACTIVE IN THE ISLE OF MAN AND THE STATE OF THE DEVELOPMENT OF THE MARKET, INCLUDING IN RESPONSE TO THE COVID-19 PANDEMIC AND ESG (ENVIRONMENTAL, SOCIAL AND GOVERNANCE) OBJECTIVES.

Jun 26, 2024 | mondaq.com | Claire Milne |Garry Manley |Juan Thornley

The Isle of Man Financial Services Authority (IOMFSA) has recently held three consultations relating to the regulation of Virtual Asset Services Providers (VASPs) in the jurisdiction. Here, we take a closer look a the background to VASPs regulation in the Isle of Man and what the future may hold. The Isle of Man first brought cryptocurrency within its AML/CFT regime in 2015 under the Designated Business (Registration and Oversight) Act 2015 (DBROA15).

Jan 25, 2024 | mondaq.com | Claire Milne |Richard Field

This week the European Commission published its review of 11 data protection adequacy decisions, finding that all of the jurisdictions, including the Isle of Man, Jersey and Guernsey, continue to treat personal data with adequate safeguards. Adequacy status allows personal data to flow to the Islands from the EU without the need for businesses to negotiate and implement additional safeguards, such as contractual clauses; greatly simplifying international business.

Jan 2, 2024 | mondaq.com | Claire Milne |Sophie Corkish

Appleby's guide to gambling law in the Isle of Man provides an overview of gambling laws and regulations in the jurisdiction – including relevant authorities and legislation, the application process for licences across gaming, betting and online gambling, licence restrictions, digital media, enforcement, liability and anticipated reforms.

Jul 19, 2023 | mondaq.com | Claire Milne

Appleby lawyers Claire Milne and Katherine Garrood have authored the Fintech chapter for the Isle of Man as part of the 2023 update to the International Comparative Legal Guide (ICLG) to Fintech. The Guide provides a broad overview of Fintech laws and regulations in the Isle of Man as well as guidance around other topical issues including funding options for Fintech businesses in the jurisdiction, intellectual property rights and data privacy.