On Air Now More Music 1:00am - 6:30am Email
Now Playing I Think We're Alone Now Tiffany Download

    Financial regulator wants to hear views on ultra-wealthy family offices

    The Island's financial regulator is asking for views on family offices for the ultra-wealthy.

    The Financial Services Authority says it wants a clearer picture about how many such services there are on the island, as well as what they do.

    On the government's engagement hub, it's asking for views on how the offices should be treated in future - in particular whether they should be regulated.

    Lucy Hendy of the FSA says the information will help maintain anti-money laundering standards and ensure we meet international standards.

    More from Isle of Man Business

    Recently Played

    Listen Live Listen