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Isle of Man Financial Services Authority set to launch new innovation hub

By 2023-02-13T07:30:00

lightbulb innovation hub

The regulator thought the hub would be a ’nice way to formalise the relationship’ with insurtechs on the Isle of Man

Regulator the Isle of Man Financial Services Authority (IoM FSA) is preparing to launch an innovation hub for non-regulated digital financial agencies operating on the island – this will work alongside the regulator’s existing sandbox scheme for regulated entities, according to Ros Lynch, head of supervisory practices and innovation strategy at the IoM FSA.

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