From the 1 January 2015, the following are required to have a training and competency scheme for all employees suitable for the size, nature and complexity of their business. ALL ENTITIES licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 and INSURANCE INTERMEDIARIES licensed under the Insurance Managers and Insurance Intermediaries (Bailiwick of […]
Read MoreFinancial advisers – sales and advisory ‘step by step’ guidance issued by IOM regulator on 16th May 2014
The Financial Supervision Commission (“the Commission”) has issued updated consolidated step by step guidance for financial advisers. The guidance draws from and replaces the: Step by Step Guidance – Issued January 2012 Pensions Guidance – Issued October 2012 The guidance addresses: The expectation that the in depth Explanatory Guide about Financial Advice should be distributed to all clients http://bit.ly/1USQqO7 […]
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