Garry Manley

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).

Apr 11, 2024 | mondaq.com | Garry Manley

The Isle of Man has two separate but co-existing company law regimes: The Companies Acts 1931-2004 (collectively referred to as the 1931 Act) and the Companies Act 2006 (the 2006 Act). We refer to all such companies in this guide as Manx Companies. The 1931 Act was closely based on the English Companies Act 1929 and is based on traditional English company law principles.

Apr 4, 2024 | lexology.com | Garry Manley

The Isle of Man has two separate but co-existing company law regimes: The Companies Acts 1931-2004 (collectively referred to as the 1931 Act) and the Companies Act 2006 (the 2006 Act). We refer to all such companies in this guide as Manx Companies. The 1931 Act was closely based on the English Companies Act 1929 and is based on traditional English company law principles.