Funding of administrative expenses of the Resolution Authority

Closed 21 Mar 2021

Opened 8 Feb 2021

Overview

This Consultation Paper is about the recovery by the Financial Services Authority, of its operational expenses for bank resolution activities, by means of an annual levy on the banking industry.

Why we are consulting

The consultation seeks views on how the levy on the banking industry should be calculated and applied.

What happens next

Following closure of the consultation period, the Authority will review the responses received and publish a Consultation Response document on the Authority’s website and the Isle of Man Government’s Consultation Hub.

Areas

  • All Areas

Audiences

  • All residents

Interests

  • Policies, strategies & plans
  • Finance