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.
New home for company's four-legged fare
An Island business producing gourmet food for dogs is opening a new shop.
EV charging station wants new signs
The company behind the Island's first all-electric filling station has applied to put illuminated signs on its roof.
Inflation falls in April
Inflation on the Island fell very slightly last month, according to new government figures.
Cafe hoping to be in new home by August
A Douglas café says it's hoping to have moved in to new premises by the end of July.
Survey wants your views on high street banks
What do you think about your bank?
RL360 hit with £1.95 million penalty by regulator
An Island company has been hit with a civil penalty of almost £2 million by the financial regulator over due diligence and risk assessments.
VIBE named top of the tastes!
A vegan cafe in Douglas has been named overall winner of this year's Manx Menu contest.
Two cruise ships in one day this week
This week will see one of the busiest days of the year for cruise passengers, as two vessels arrive on the same day.
