Isle of Man Financial Services Authority (Fees) Order 2026

The Isle of Man Financial Services Authority (‘the Authority’) ran a public consultation from 6 November to 18 December 2025. The consultation sought views on proposed changes to fees payable to the Authority from 1 April 2026 and the consolidation of the 2023 Fees Orders and Regulations into one Isle of Man Financial Services Authority (Fees) Order 2026.

A Feedback Statement accessible via the link below highlights the comments received from a mix of Designated Non-Financial Businesses and Professions (‘DNFBPs’), regulated entities and industry bodies, together with the Authority’s responses.

The Authority is grateful to everyone who submitted their views. The Authority will continue to assess the matters highlighted by respondents, with a view introducing any future changes that would further enhance fairness, proportionality and transparency.

The key themes to emerge from the consultation responses included the following:

• Proposals to increase fees in line with inflation – Some concern was expressed about the use of the consumer price index (‘CPI’) as the basis for future inflation-linked adjustments
   
• Proposed changes to annual fees for Designated Businesses – This included comments in relation to fee reductions for other DNFBP categories, together with comments in relation to the measures used to calculate fees (e.g. use of full-time equivalent versus number of employees)
   
• Alignment of fees – Some queries over differences in fees applied to smaller regulated financial services firms compared with those for DNFBPs

Following consideration of consultation feedback, the Authority has made some refinements to the draft Order. Please see Appendix B to the Feedback Statement.

Following publication of the Feedback Statement, the consolidated Isle of Man Financial Services Authority (Fees) Order 2026 will be made before being laid before the next available sitting of Tynwald for implementation from 1 April.