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Trust Service Providers: de minimis exemption for “Specified Persons” 25 October 2005

    During the development of the Fiduciary Services Act 2005, the exemptions were extended, to include a de minimis provision for “specified persons”.

    The Commission has extended its TSP “Frequently Asked Questions” (“FAQs”) list on the website to provide additional guidance on the subject. The TSP FAQs can be found at: http://www.fsc.gov.im/Authorisations/faqs.xml

    25th October 2005

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