The island's financial regulator says it's not asking for people to get more money covered in the event of a bank collapse.
The Financial Services Authority has published its response to a public consultation about the Depositor's Compensation Scheme.
It says some people had asked for coverage to be increased to £85,000 from its current £50,000 figure.
But it says the figure should match that of other Crown Dependencies, and other laws will help bank customers should the worst happen.
Douglas based law firm appoints new advocate
A Douglas based law firm has appointed a new advocate.
Island bar beats out tough competition to win prestigious award!
An Island drinks venue has won a prestigious business award.
Indian government investigating money laundering through the Island
The Indian government says it's investigating possible money-laundering offences involving a Chennai-based power company that's alleged to have diverted money to the Isle of Man.
Have your say on changes to employment law!
There's just under a fortnight left to have your say on proposed changes to employment law.
Peel gym is getting a makeover!
A gym in the west of the Island could get a facelift under new plans.
Chance for Manx producers to win a government competition
Do you produce Manx food and drink? A government competition promises to help your business with its marketing.
Could you run the beer tent at one of the Island's biggest events?
One of the biggest events in the Island's agricultural calendar is looking for someone to help thirsty attendees.
Island-based company that provides AI for dating apps is expanding
An Island company which uses Artificial Intelligence to power dating apps says it's teaming up with a global payments service.
