An Island company will pay a £120,000 penalty after admitting failing to maintain anti-money laundering rules.
The Financial Supervision Commission says it inspected Capital International in August 2022 as part of a wider review of parts of the Island's money-laundering code.
The FSC says it found failings in procedures, controls and risk assessments around politically exposed people.
It fined the company £170,851 but applied a 30 per cent discount for Capital International's cooperation.
UCM to hold open evening for school students this November
There's a chance to find out what's happening at the Island's college this month.
Company lodges flats plans for offices
Falling demand for office space - and rising demand for housing - could see an office block in central Douglas converted into flats.
New signage plans for Tesco
A supermarket in the capital could be getting a new look, if planners approve new proposals.
Age Concern event to connect older people with support services
Age Concern Isle of Man is bringing together government departments, charities and local organisations to help support older people.
Age Concern are bringing support services together for older people across the Isle of Man
Age Concern Isle of Man is bringing together a wide range of government departments, public services, Charities and local organisations for a special event aimed at supporting older people across the Island.
PokerStars Isle of Man faces uncertainty over Flutter job cuts
PokerStars' Isle of Man operation could be affected by plans to cut up to 1,400 jobs at parent company Flutter Entertainment.
Businesses invite to sponsor Island Games 2029
The Isle of Man will be hosting a huge sporting event in 2029 - and your business is invited to get involved.
Isle of Man to change sanction rules following UK
The Isle of Man is getting new rules about sanctions, as the UK changes its regulations.
