Investment Business License in Isle of Man

• Advising on investments; arranging deals in investments

• Dealing on own account / as agent (if authorized)

• Managing investments / discretionary portfolio management

• Safekeeping and administration of assets / custody (if authorized)

• Operating a multilateral trading facility (if specifically authorized)

• Ancillary services: research, FX linked to investments, corporate finance (per licence scope)

• Local incorporated entity or eligible branch; mind & management appropriate to scale

• Own funds: permanent minimum capital per licence class plus ongoing capital adequacy

• Governance: fit & proper shareholders, directors and key persons; independent control functions

• Client assets & client money rules (segregation, reconciliations, trust status) where applicable

• Conduct of business: suitability/appropriateness, best execution, conflicts, inducements, disclosures

• AML/CFT framework per IoM law; sanctions screening; transaction monitoring; STR/SAR reporting

• Operational resilience & ICT controls; incident reporting; BCP/DR; outsourcing/vendor oversight

• Regulatory reporting, audit, and recordkeeping requirements

Core on‑island team (indicative):

• Board with independent member(s)

• CEO/Managing Director; Head of Operations/Trading

• Head of Compliance & MLRO; Risk Manager

• Finance/Accounting; External Auditor

• IT/Security lead; Back‑office/Settlement

• Head of Custody (if holding client assets)

• Internal Audit (independent; proportionality applies)

• Order/Execution Management System (OMS/EMS) and trade capture

• KYC/AML stack; suitability & product governance workflows

• Client money & custody modules (segregation, reconciliations, daily calc)

• Market data feeds; trade surveillance & abuse monitoring (MAR‑style)

• Regulatory reporting (transaction/position where applicable) and MI dashboards

• Information security: IAM, logging/SIEM, DR/BCP; incident & complaints registers

• Domestic authorization on Isle of Man; cross‑border services depend on target jurisdictions’ rules.

• No automatic EU/UK passporting; access via exemptions or local licensing/branches where required.

• Corporate income tax: 0% standard (most trading companies).

• No capital gains tax; no stamp duty on share transfers (with exceptions).

• Payroll and other local taxes per Isle of Man law.

• Operational accounts with on‑island or UK/EEA banks.

• Client money/segregated accounts and custody arrangements with approved custodians/prime brokers (where authorized).