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.
Island's ship registry expands in Asia
The Isle of Man Ship Registry has expanded its operations in East Asia.
Courses will teach people about sustainable business
A training company is offering the chance to take part in a crash course about sustainable business next week.
Local travel agent celebrated for £60m of sales
A local travel agent's being added to his company's new Hall of Fame.
Corporate income tax deadline looms
Companies are being urged to get their corporate income tax returns in soon.
Dental and beauty clinic wants to expand
Plans have been submitted to expand a dental and beauty clinic on Loch Promenade in Douglas.
Could you help transform Manx healthcare?
The Department for Enterprise is inviting people to come up with ways to transform healthcare.
New entries on Syrian sanctions list
The government says nine entries have been added to the UK's Syrian sanctions list, which affects the Island.
Island company wants to import medical cannabis
An Island company has submitted an application to be able to import medical cannabis from around the world.
