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The Treasury News

Annual earnings survey

Average full-time earnings in the Isle of Man increased by 2.2% last year, according to statistics contained in the Government’s annual Earnings...
Friday, 3 February 2017

Beneficial Ownership Bill reaches House of Keys

Legislation to give the Island a central database of corporate beneficial ownership is due for formal first reading in the House of Keys next Tuesday (February...
Thursday, 2 February 2017

Financial Sanctions: Terrorism and Terrorist Financing

The Terrorism and Other Crime (Financial Restrictions) Act 2014 implements the terrorist asset-freezing requirements of UN Security Council Resolution 1373...
Wednesday, 1 February 2017

Sanctions Notice: Financial Sanctions: ISIL (Da’esh) and Al-Qaida

This news release is issued in respect of the restrictive measures directed against the ISIL (Da’esh) and Al-Qaida organisations. Annex I to Council Regulation...
Tuesday, 31 January 2017

Sanctions Notice: Financial Sanctions: Tunisia

This news release is issued in respect of the financial measures taken against certain persons and entities associated with the Tunisian regime. Annex I to...
Tuesday, 31 January 2017

Psychoactive Substances Act 2016 – Amended Definition of “School Premises"

On 1 February 2017 the Psychoactive Substances Act 2016 (Application) (Amendment) Order 2017 comes into operation.  It amends the 2016 order that applied in...
Friday, 27 January 2017

Treasury publishes independent review of Personal Capability Assessment process

Treasury has today published an independent review of the Island’s Personal Capability Assessment (PCA) process. The independent review, led by experienced...
Thursday, 26 January 2017

Sanctions Notice: Sanctions “False Positives”, Proliferation and Trade-Based Money Laundering

The Customs and Excise Division of the Treasury has published guidance on the treatment of “false positive” matches when using screening software or other...
Wednesday, 25 January 2017

Sanctions Notice: Financial Sanctions: Iran (Nuclear Proliferation)

This news release is issued in respect of the restrictive measures directed by the Council of the European Union against Iran. On 17 January 2017 Council...
Wednesday, 18 January 2017

Sanctions Notice: Financial Sanctions: Democratic People’s Republic of Korea (North Korea)

This news release is issued in respect of the restrictive measures directed against the Democratic People's Republic of Korea. Annex IV to Council Regulation...
Wednesday, 18 January 2017
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