An Island company has been hit with a civil penalty of almost £2 million by the financial regulator over due diligence and risk assessments.
RL360 was inspected by the Financial Services Authority, which says it found problems in measures to tackle money-laundering and monitoring high-risk customers.
The FSA imposed a penalty of £2,785,714, discounted to £1,950,000 after the company cooperated with the investigation.
The regulator also issued four learning points for the industry.
Port Erin restaurant's planning application for new door
An arcade and restaurant in the south of the Island could be in line for work, if new plans are approved.
Warning issued over imposter website
The Financial Services Authority has issued a scam warning about a fake website.
Manx Menu winners announced!
The Department for Enterprise has announced the winners of the Manx Menu March contest.
Sponsors needed for inter-Celtic forum
It's your last chance if you want to sponsor a major corporate event next month.
Gambling industry risk report released
The Island's gambling industry has been been given a "medium high" risk rating for money laundering, in the first assessment of its kind.
Sign-ups open for Celtic business conference
Registration is now open for a business conference for the Celtic nations.
Hundreds of new entries in landmark Russian sanctions package
Hundreds of new entries have been added to the UK's Russian sanctions list, which applies to the Island.
Recruitment events for coach and taxi drivers this week
A company in Douglas is holding a series of events this week as it recruits coach and taxi drivers.
