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.
Isle of Man recruitment platform launches Island.jobs
Isle of Man recruitment platform launches Island.jobs to connect job markets across island economies
Time running out to register for work experience scheme
There's just over a fortnight left for your company to be part of a government scheme to give students work experience.
Company expands mortgage advice service to North
A local financial options company is expanding its operations to bring expert mortgage advice to the North.
Island-based company up for European compliance award
An Island-based company has been shortlisted for a European industry award.
More Tenerife flights than ever before this winter
There's good news for sun seekers this winter!
Chamber wants businesses' views on fuel surcharge plans
The Chamber of Commerce says it wants to gauge the views of businesses on a proposed fuel surcharge from the Steam Packet Company.
Interest rate on late VAT payments to rise in May
The interest rate on late VAT payments will increase next month.
Regulator wants your input on new gambling laws
The Island's gambling regulator is looking for feedback on new draft laws.
