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A Consultative Paper on the draft Financial Services (Appointment of a Manager) Order 2008 2 September 2008

The introduction of the Financial Services Act 2008 has given the Financial Supervision Commission the power to apply to the high court for the appointment of a business manager in certain circumstances.

The circumstances in which the Commission may make such an application must be prescribed by order. A paper providing information regarding the application of this power and the draft Financial Services (Appointment of a Manager) Order 2008 can be found on the Commission’s website at:- http://www.fsc.gov.im/doclibrary/condocs.xml.

The Commission would be grateful if any comments on the paper could be submitted before 10th October 2008.

Enquiries:

Mrs Shirley E Corlett
Senior Adviser, Policy & Legal Division
Financial Supervision Commission
P O Box 58
Finch Hill House, Bucks Road
Douglas, Isle of Man IM99 1DT

Direct Line: 01624 689323

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