Joint Statement from the Governments of the Isle of Man, Guernsey and Jersey on the creation of a public Beneficial Ownership Register Details are yet to be worked out, but the Governments of the Isle of Man, Guernsey and Jersey have today (19 June 2019) announced that they intend to comply with the provisions of the [...]
Medicinal Cannabis and Industrial Cultivation of Hemp Isle of Man Government | Medicinal Cannabis was originally posted 17 June 2019 The results of the recent public consultations into the medicinal use of cannabis and the licensing of industrial hemp production have now been made available. Publication of the two reports comes after a six-week consultation period which [...]
MannBenham champions Software Supplier Licensing Daren Ward | Head of Marketing | Originally published on 21 February 2019 The eGaming Advisory Team at MannBenham continues to grow, being exceptionally well placed to give impartial legal, factual and balanced online gaming advice across multiple jurisdictions. The team is responsible for advising on eGaming license applications along with [...]
Views of public sought on medicinal cannabis and industrial hemp Isle of Man Government | Medicinal Cannabis and the Isle of Man was originally posted 06 February 2019 Members of the public are invited to give their views on whether Isle of Man laws regarding the use of cannabis products for medicinal purposes and the growing [...]
Credit Unions - Written by Chris Grimson | Advocate | Originally published on 08 January 2020 Typically, unlike traditional banks or building societies, credit unions are run solely for the benefit of their members. Such organisations encourage both saving by members, and lending to members. Indeed without saving, the lending activities of credit unions would not [...]
Consultation on Cannabis for medicinal use and industrial hemp production Isle of Man Government | This article on the Consultation on Cannabis was originally posted 02 November 2018 The Isle of Man Substance Misuse Strategy 2018-2023 identified political and public interest in the medicinal use of cannabis and included a commitment to review the evidence for [...]
MannBenham give presentation at Manx BioMed Cluster Conference Miles Benham | Managing Director & Senior Advocate | Originally published 05 December 2016 The Island’s Bio Med sector held a packed one day conference, Manx BioMed Cluster Conference, at the Manx Museum on 30th November 2016 which looked at the Future Growth and Development of Isle of [...]
In a far sighted and at the same time very contemporary reading of the development of the financial services industry, the Isle of Man Government has created an alternative banking regime which came into effect on 1 August 2016.1 The new regime will enable corporations and high net worth individuals to become masters of their own [...]
I Insolvency Law, Policy & Procedure i Statutory Framework and Substantive Law Insolvency law on the Isle of Man is governed primarily by the following legislation: The Fraudulent Assignments Act 1736 Preferential Payments Act 1908 Preferential Payments and Other Acts (Financial Adjustments) Act 1973 Companies Act 1931-2004 Companies Act 2006 The primary legislation [...]
When a company is considering entering into a particular business venture considerable time is taken in discussing, negotiating and reviewing the contractual terms in the proposed agreement between the parties. Whilst focusing on key contractual terms of the proposed agreement, often the signing provisions to the agreement to bind the company are overlooked. Failure by a [...]
