Banking

The Isle of Man as an International Finance Centre is born out centre is reflected in the density and diversity of the financial institutions operating out of the Island. The Isle of Man offers support to HNWIs and organisations in their activities. Banks are regulated by the Financial Services Commission under the Financial Services Act 2008. This new legislation, which came into force on August 1, 2008, consolidated several pieces of financial services legislation, including the Financial Supervision Act 1988 and the Banking Act 1998, into one Act and simplified the licensing regime.
Latest In Banking

Fairbairn Private Bank makes two new board appointments


Fairbairn Private Bank is pleased to announce that Craig Blenkinsop and Steve Fox have been appointed to its board of directors.
Monday 30 January 2012

Fairbairn Private Bank appoints new UK Head of Private Banking

Robert Currie has joined Fairbairn Private Bank as the new UK head of private banking, based at the bank’s London office.
Wednesday 26 October 2011

Barclays Wealth International launches iAlert FX service

 Barclays Wealth, a leading global wealth management firm and the UK’s largest, has announced the launch of Barclays Wealth iAlert - a free online tool which monitors foreign exchange rates - as part of an enhanced foreign exchange offering for clients of Barclays Wealth International.
Wednesday 26 October 2011

Barclays Wealth announces appointments

Barclays Wealth today announced the appointments of Andrew Cole and Simon Hull to further strengthen its Leadership Team in the Isle of Man.
Thursday 06 October 2011