Information on changes to fitness and propriety assessments for all regulated entities

Closed 13 Apr 2018

Opened 5 Mar 2018

Feedback updated 15 Oct 2019

We asked

We asked for views on proposed amendments to the Financial Services Rule Book 2016.

You said

We received 19 responses to the proposed changes to the assessment of the fitness and propriety of individuals and the legislative changes required to apply those changes.

We did

The changes to the Financial Services Rule Book 2016 came into operation on 1 August 2018.

Results updated 19 Jun 2018



The Isle of Man Financial Services Authority has today issued a consultation paper CP18-01/T12. This paper is seeking views on changes to the process for the assessment of individuals’ fitness and propriety in respect of all regulated entities. The paper also includes a formal consultation on resulting amendments to the Financial Services Rule Book 2016. The proposals are applicable to all regulated entities and the Authority welcomes feedback from interested parties.  

Why your views matter

To obtain information and views in respect of the Authority’s proposed changes to the process for the assessment of fitness and propriety.


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