Regulatory and Compliance

MannBenham announces Oliver Fleming’s appointment as a Manx Advocate

By |2025-03-03T14:30:57+00:00March 3rd, 2025|Categories: Business, Career Opportunities, International, News, Regulatory and Compliance|

MannBenham announces Oliver Fleming’s appointment as a Manx Advocate MannBenham Advocates is delighted to announce that Oliver Fleming has been formally admitted as an Advocate of the Isle of Man, having successfully completed the rigorous qualification process set by the Isle of Man Law Society. His admission to the Bar at [...]

Offshore Assets & Wills

By |2025-01-03T16:01:10+00:00January 3rd, 2025|Categories: Business, Immigration for Business, Immigration for individuals, International, News, Regulatory and Compliance|

Offshore Assets and Wills Avoid Common Jurisdictional Mistakes A recent Isle of Man High Court case delivered in November 2024 highlights a common issue in wills that involve offshore assets: UK-based lawyers often do not fully appreciate the Isle of Man’s distinct jurisdictional status. This oversight can lead to ambiguity in wills, [...]

Immigration – Isle of Man BN(O) Visa

By |2024-11-21T12:55:48+00:00November 21st, 2024|Categories: Business, Immigration for Business, Immigration for individuals, International, News, Regulatory and Compliance|

Latest Statistics: Isle of Man British National (Overseas) Visa Scheme On 31 January 2021, British National (Overseas) (BN(O)) status holders from Hong Kong were provided the opportunity for them and their family members to live, work and study in the UK. The Isle of Man runs a parallel British National (Overseas) visa [...]

One Year On – The Impact of Changes

By |2024-11-14T10:51:06+00:00November 13th, 2024|Categories: Business, Corporate and Trust Service Providers, Fiduciary Matters, Fiduciary Matters, News, Regulatory and Compliance, Trust Law, Trust Structures, Trusts, Foundations and Companies, Wills, Estates, Trusts and Family Settlements|

One Year On: The Impact of the Isle of Man Trusts and Trustees Act 2023 Since receiving Royal Assent on 18 July 2023, now more than one year on, the Trusts and Trustees Act 2023 (“the 2023 Act”) has introduced significant updates to the Isle of Man's trust law, aiming to [...]

Medical Cannabis by Chris Lo

By |2021-05-20T13:17:17+00:00March 15th, 2021|Categories: Biomed, Cannabis, Legislation, Manufacturing, News, Regulatory and Compliance, Regulatory Issues, Technology, BioMed and Data|

Regulating a new export market on the Isle of Man As the Isle of Man prepares to accept applications for medical cannabis cultivation licences after introducing new regulations, what are the major considerations for regulating a new business sector for cannabis, and is the island well-positioned to make the [...]

Digital Currency & Blockchain

By |2021-01-20T11:01:20+00:00October 9th, 2019|Categories: Commercial, Corporate and Finance, eGaming, News, Regulatory and Compliance|

MannBenham presentation on Digital Currency & Blockchain Paul Beckett | Senior Counsel & Advocate | Originally published 09 October 2019 Yesterday saw Paul Beckett, senior counsel and advocate at MannBenham Advocates talk about digital currency and blockchain to ICSA: The Chartered Governance Institute, formerly known as the Institute of Chartered Secretaries and Administrators. Having been introduced [...]

Beneficial Ownership | Isle of Man

By |2021-05-20T11:46:24+00:00June 19th, 2019|Categories: Commercial, Corporate and Finance, Front Page Publication, Regulatory and Compliance, Uncategorized|

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 [...]

Execution of contracts by Isle of Man Companies

By |2020-01-16T16:50:06+00:00October 24th, 2016|Categories: Banking and Investments, Beneficial Ownership, Collective Investment Schemes and Funds, Commercial, Corporate and Finance, Corporate and Trust Service Providers, Credit Unions, Crowd‐Funding, Designated Business, Financial Services and Private Equity, Insurance and Pensions (Retirement Benefit Schemes), Regulatory and Compliance|

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 [...]