Click on the title of a consultation to view further information.
|Crowdfunding||F.S.C||Consultation on a potential new regulated activity encompassing both equity and loan crowdfunding|
The Financial Supervision Commission (“the Commission”) has today issued a consultation document on a potential new regulated activity which will encompass both equity and loan crowdfunding.
|16 April 2015 - 12 June 2015|
|CP15-01 Consultation on the unit growth rate assumptions and valuation rates of interest in the valuation of long term liabilities of insurers||I.P.A||CP15-01 Draft Insurance (Amendment) (Valuation of Liabilities Rates of Interest) Regulations 2015|
The Insurance and Pensions Authority has drafted the Insurance (Amendment) (Valuation of Liabilities Rates of Interest) Regulations 2015 (the “draft Regulations”) which clarify the expectations of the Authority in respect of the unit growth rates assumptions used by insurers in the valuation of unit-linked long term insurance liabilities.
In addition, the draft Regulations introduce a new permitted approach to the derivation of the valuation rate of interest for non linked contracts which are not cancellable by the policyholder, where the cash flows of the liabilities are predictable and can be determined with reasonable certainty and where the cash flows of assets and liabilities are, and will remain, closely matched.
A copy of the consultation paper and draft Regulations are attached below and comments are invited from interested parties.
|16 April 2015 - 28 May 2015|
|Draft Highways (Amendment) Bill 2015||Infrastructure||Draft Highways (Amendment) Bill 2015|
The Department of Infrastructure is seeking feedback on proposals to update the Isle of Man’s highway legislation. The draft Highways (Amendment) Bill 2015 proposes a series of amendments to the Highways Act 1986, with the aim of improving road safety and providing greater clarity on matters such as the making up of private streets.
|10 April 2015 - 8 May 2015|
|Consultation on the Proposed Non-Resident Traders (Licence Fees) Regulations 2015||O.F.T||Consultation on the Proposed Non-Resident Traders (Licence Fees) Regulations 2015|
This consultation paper sets out proposed increases to the fees payable to the Isle of Man Office of Fair Trading for the issuing of Non-Resident Traders licences. The fees shall be such amounts as are prescribed by regulations made under the Non-Resident Traders Act 1983.
The revised fees will come into effect on 1st August 2015 if approved by Tynwald.
|7 April 2015 - 15 May 2015|
|Consultation on the Licensing of Spectrum in the 3.6 GHz Band||Communications Commission||Consultation on the Licensing of Spectrum in the 3.6 GHz Band and Notice of Proposed Modification to Existing Licences|
Consultation on the Licensing of Spectrum in the 3.6 GHz Band and Notice of Proposed Modification to Existing Licences
|26 March 2015 - 29 April 2015|