For those clients wishing to enter the regulated sector for the first time on the Isle of Man or those clients who are already regulated and wish to expand into additional areas of business, we can bring our experience to bear in a timely and efficient manner.
We can assist by:-
- advising on the regulatory environment in the Isle of Man, what that means in term of specific requirements and by facilitating meetings with the Regulator to discuss new business plans;
- helping new and existing licence holders to prepare business plans and licence application documentation for submission to the Regulator and by acting as a liaison point between our client and the Regulator to address any subsequent queries;
- developing documented compliance policies and procedures including Compliance and Anti-Money Laundering Manuals, documented risk assessments and documentation to support a risk-based approach to customer due diligence; and
- providing compliance support and assistance, including compliance monitoring on an outsourced basis.
New business start up contacts
"Accessible and responsive, they are able to give answers quickly and decisively"
"provides great advice and quick turnaround times"
"commercially minded, experienced and knowledgeable"
Annemarie gives "solid and understandable advice on complex issues"
"The firm's team showed high commitment to providing extraordinary quality legal services in a responsive and creative fashion, always focusing on creating value for the client."
"Absolutely excellent service"
"Very approachable and offers common sense in combination with a commercial aptitude"
The team is 'organised and efficient'
"great at managing cross-jurisdictional transactions and seeing Isle of Man issues in a wider context"
"a modern and approachable firm"
Annemarie is "strong on detail and presents it in an intelligible manner."
DQ "shows commitment to providing extraordinary quality legal services in a responsive and creative fashion"
"The firm has shown a high level of industry knowledge and deep and comprehensive understanding of our clients' needs."
"The 'impeccable DQ provides 'absolutely excellent service'"
"efficient and cost effective team"
"always delivers on promises and timescales"
"nimble and forward thinking, this firm ticks all the right boxes"
Annemarie "gives balanced and clear advice on complex issues"