The Financial Services Authority is launching a review into how firms comply with counter-terrorism financing rules.
On-site inspections will begin in April and continue over the next 12 to 18 months.
It aims to assess how well businesses are complying with the Island's legislation for combatting money laundering and terrorist financing.
Officials say the project will help test controls, highlight best practice and improve the Island's response to these criminal risks.
Updated sanction lists across four different countries
The government has released four updated sanction lists covering different countries.
Peel Lifeboat receives generous donation
An Isle of Man lifeboat station has been given a generous donation by a local company.
Beach sauna plans submitted for the south of the Island
Port Erin could be getting a permanent beach sauna, if planners give the green light.
Economic crime talk later this month
A leading economic crime expert will visit the Island later this month.
Last chance for this year's income tax returns!
There's just one day left to return your income tax form this year.
More than 400 cyber-threats reported in two months
The Cyber Security Centre for the Isle of Man has released its latest threat update.
FlexyStaff Launches on the Isle of Man, giving local businesses and workers a better way to fill shifts.
FlexyStaff, the on-demand staffing app, has officially launched on the Isle of Man, giving local businesses a quicker way to cover shifts and giving Island workers more control over when and where they work.
Praase announces new home in the south of the Island
Spud lovers in the south of the Island could be in for a treat - after a catering company revealed it's relocating.
