2025 Corporate Services Providers Series (Isle of Man-specific)

Effective SAR Reporting: Insights from the Isle of Man FIU

25 February 2025 | 10:00-11:00 | 1 CPD Hours

• Isle of Man Legislation

• Disclosures to the FIU

• What makes a good SAR

• Statistics and SAR feedback

• IOMFCP (our public private partnership which includes a TCSP group)

The big picture: macro-economic update and review of implications for the Isle of Man?

24 March 2025 | 11:00-12:00 | 1 CPD Hours

• A global economic update

• International conflict zones

• The paradigm shift in international relations

• Closer to home – the Isle of Man

• Looking forward to… an optimistic future 

Isle of Man Directors Radar: Key developments Directors should be considering in 2025

23 April 2025 | 11:30-12:30 | 1 CPD Hours 

• A reminder of directors’ duties

• Coming changes:

• Sustainability – ESG

• Beneficial Ownership

• Moneyval and ongoing compliance

• Effective Boards

Understanding Directors' Duties and the Ramifications of Breaches in the Isle of Man

20 May 2025 | 14:00-15:00 | 1 CPD Hours

• Core responsibilities and duties of directors in the Isle of Man

• Potential impacts and risks associated with duty breaches

• Steps for effective governance and compliance

• Practical guidance on fulfilling fiduciary duties

Data Protection: key considerations and tips for Isle of Man professionals

28 May 2025 | 09:3-10:30 | 1 CPD Hours

• Overview of GDPR and its implementation in the Isle of Man

• Identifying and mitigating common data protection risks

• Best practices for managing sensitive data securely

• Responding to data breaches: compliance and recovery strategies

• Practical tips for improving organisational data protection frameworks

Corporate Governance: key considerations and updates for Isle of Man-based CSPs

25 June 2025 | 11:30-12:30 | 1 CPD Hours

• Key corporate governance principles and their application to CSPs in the Isle of Man

• Recent regulatory updates affecting governance practices in the region

• Effective strategies for risk management and board oversight

• Case studies illustrating best practices in governance for CSPs

• Preparing for future changes in governance standards and expectations

Financial Crime Prevention and AML: Key Considerations for Directors in the Isle of Man

04 September 2025 | 14:00-15:00 | 1 CPD Hours

• Understanding AML legislation specific to the Isle of Man

• Implementing effective anti-financial crime policies for directors

• Navigating reporting duties and regulatory expectations

• Staying up-to-date on AML developments and compliance changes 

Isle of Man financial crime regulatory and legal overview

29 September 2025 | 12:00-13:00 | 1 CPD Hours

• Overview of key legislation, including: the Anti-Money Laundering and Countering the Financing of Terrorism Code 2019 and the Proceeds of Crime Act 2008

• Role and powers of the Isle of Man Financial Services Authority (IOMFSA) and the Financial Intelligence Unit (FIU)

• Overview of recent enforcement actions and penalties

• Compliance requirements under the Sanctions and Asset-Freezing (Isle of Man) Act 2019

• Interaction between local and international regulatory frameworks

• Practical implications of regulatory changes on businesses

2025 Isle of Man Taxation Update 

03 November 2025 | 10:00-11:00 | 1 CPD Hours

• Recent legislative changes in Isle of Man taxation and their implications

• Updates on corporate tax compliance and planning strategies

• Key developments in personal taxation and wealth management

• Managing tax risks in a changing regulatory environment

• Preparing for international tax reforms and cross-border compliance challenges 

All Staff AML/CFT Mandatory Training (Isle of Man-specific)

17 December 2025 | 09:30-11:00 | 1.5 CPD Hours

• Your oversight role in anti-money laundering, countering financing of terrorism, countering proliferation financing “AML/CFT/CPF”

• Legislation and regulatory universe

• Your firm’s risks and vulnerabilities

• Triggers, trends and typologies

• Managing the risk – policies & procedures – risk-based approach – “RBA” (client due diligence “CDD”, record keeping, transaction monitoring, business risk assessment “BRA”)

• Suspicious activity reports “SARs” & tipping off

• Challenges and Penalties

• BRA, strategy and oversight

• Hot topics and case studies throughout

Institute of Directors (IoD)

The Isle of Man branch has around 300 directors and senior decision makers who, collectively, provide a conduit to government on issues affecting local members. The branch supports local members and organises inspirational and valuable events in the area. A key role for the Isle of Man branch is to provide local directors with opportunities to meet other business leaders informally and share their experiences through a range of different types of events, such as breakfast briefings, CPD seminars, networking events and visits to local places of interest.

For more information, please visit: 

Association of Corporate Service Providers (ACSP)

ACSP member firms provide a comprehensive range of professional corporate and fiduciary services. We also have associate members drawn from the full range of financial and professional service firms on the Isle of Man.

For more information, please visit: www.acsp.co.im

Society of Trust and Estate Practitioners (STEP)

STEP is a global professional body, with more than 21,000 members comprising lawyers, accountants, trustees and other practitioners that help families plan for their futures.

Our mission is to inspire confidence in families planning their assets across generations by setting and upholding high professional standards, informing public policy, promoting education, and connecting practitioners globally to share knowledge and best practice.

Full STEP members, known as TEPs, are internationally recognised as experts in their field, with proven qualifications and experience.

For more information, please visit: www.step.org

Alliance of Isle of Man Compliance Professionals (AICP)

For more information, please visit: www.aicp.im