The Treasury News

Bill will enable faster clearing of cheques

Treasury legislation to allow cheques to be presented electronically is entering the House of Keys and is due for formal first reading next Tuesday (November...
Friday, 25 November 2016

Consultation on Beneficial Ownership Bill

Treasury has today launched a consultation on draft legislation for the introduction in the Isle of Man of a central database of the beneficial ownership of...
Friday, 4 November 2016

Views sought on Personal Capability Assessment process

Social Security claimants who have undergone a Personal Capability Assessment (PCA) will be asked for their views of the experience as part of an independent...
Wednesday, 2 November 2016

Sale of Pinewood Group plc shares

The Isle of Man Government Treasury wishes to announce that the sale of the remaining holding in Pinewood Group plc has been completed and the final proceeds...
Friday, 28 October 2016

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 20 April 2016 Council...
Tuesday, 25 October 2016

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, 18 October 2016

Sanctions Notice: Financial Sanctions: Afghanistan

This news release is issued in respect of the restrictive measures in view of the situation in Afghanistan. The European Commission has amended Annex I to...
Monday, 10 October 2016

Treasury Minister welcomes unchanged credit rating

Treasury Minister Eddie Teare has welcomed the announcement this week of the Isle of Man’s unchanged Aa1 credit rating by Moody’s Investors Service. The...
Thursday, 29 September 2016

Sanctions Notice: Financial Sanctions: Terrorism and Other Crime (Financial Restrictions) Act 2014

The Terrorism and Other Crime (Financial Restrictions) Act 2014 (“the 2014 Act”) implements the terrorist asset-freezing requirements of UN Security Council...
Tuesday, 27 September 2016

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...
Wednesday, 21 September 2016