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.
Royal assent for neonatal leave law
New laws which would see parents get time off work if their children are getting neonatal intensive care have been given Royal Assent.
Manx Telecom's takeover won't mean redundancies
Manx Telecom's chief executive says the takeover by Jersey Telecom and CVC is about corporate growth, and not redundancies.
Businesses invited to exhibit at rebranded food and drink festival
The government's inviting businesses to sign up to exhibit their products at the Island's food and drink festival.
Nearly two-thirds of Island have switched to fibre
Around 63 percent of the Island has now made the switch to fibre broadband.
Final call for entries to the Elevate You Awards
There's less than a month left to enter the Elevate You Awards.
New liquor licence aimed at helping private events
Plans to introduce a new liquor licence for small private events will go before Tynwald next month.
Special healthcare recruiting event this summer
Healthcare and social care professionals are being invited to a special recruitment event this summer.
Date set for flagship maritime industry event
A gathering described as the Island's flagship maritime event will be taking place next month.
