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Financial Services

The Financial Services sector has long been the majority employer for the Island.

The booming economy of the Isle of Man is largely due to the success of the financial services industry - the largest sector on the Island.

The main activities of the sector include deposit-taking, asset protection and management, packaged investments such as unit trusts, life assurance and also corporate management.

Markets for these services are world-wide and the Isle of Man has built an exceptional reputation as a centre of excellence for expatriate banking.

Regulation of the finance sector in the Isle of Man is carried out by the Financial Supervision Commission and the Insurance and Pensions Authority.