IoM has 'robust protocols' to manage global volatility

Regulator says current market climate is 'quite challenging'

The Isle of Man has 'robust protocols' in place to deal with volatile global markets during the current cost of living crisis.

That's according to the Island's Financial Services Authority (FSA), which says offering protection in the current climate is 'quite challenging'.

The authority has identified embracing technology as a key factor going forward in being an effective regulator.

FSA's Chief Executive Officer, Bettina Roth, says good communication with industry has also been important: