Highlights priority initiatives to be progressed
A bid to drive continuous improvement in the Isle of Man's regulatory environment is the catalyst for a strategic plan document produced by the Financial Services Authority.
Published online the document highlights the priority initiatives to be progressed over the next three years.
The theme is evolution, with the strategic plan identifying workstreams that support the objectives of protecting consumers, reducing financial crime and maintaining confidence in the finance sector through effective legislation.
As part of the latest strategy officers within the FSA will continue to make an important contribution towards preparations for the Island's next MONEYVAL evaluation.
The strategy, which has been shaped by feedback from local firms to the 2023 industry survey, outlines high-level plans under the three strategic pillars of infrastructure, frameworks and people.
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