The Draft Beneficial Ownership (Civil Penalties) Regulations 2018 For Contraventions Under The Beneficial Ownership Act 2017

Closed 2 Nov 2018

Opened 24 Sep 2018


The Isle of Man Financial Services Authority has issued a consultation paper CP18-05/T17. This paper is seeking views on the introduction of civil penalties for some contraventions of the Beneficial Ownership Act 2017, and invites interested parties to consider the draft Regulations set out within the paper.

The proposals may be of interest to relevant persons under the Act, especially nominated officers and the Authority welcomes feedback from interested parties.

Why We Are Consulting

To obtain information, views and evidence regarding the proposed introduction of civil penalties for contraventions of the Beneficial Ownership Act.


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