FSC Guidance on Responsibilities and Duties of Directors under the Laws of the Isle of Man

As well as regulating banks, fiduciaries and other financial services businesses, it’s sometimes forgotten that the Isle of Man Financial Supervision Commission responsible for …

 

… the oversight of directors and persons responsible for the management, administration or affairs of commercial entities … which is a pretty broad remit.

 

As part of this the FSC occasionally issues general guidance on relevant topics. The latest is … “FSC Guidance on Responsibilities and Duties of Directors under the Laws of the Isle of Man

 

It’s quite accessible and is a useful guide particularly for those about to take on the responsibilities of a director for the first time.

 

Photo by Vbccevents (Own work) [CC-BY-3.0], via Wikimedia Commons

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