Investec and Capital succesful in applications
Two new banking licences have been granted in the last 18 months.
Responding to questions in the House of Keys today the Enterprise Minister confirmed Investec and Capital were both successful in recent applications.
Laurence Skelly was asked if his department has told prospective banking operators of the 'pool' of 120 staff recently made redundant by Lloyds Bank.
It hadn't but he had this advice for those who've lost their jobs:
Inquest into death of MGP competitor reconvened
Louis O'Regan sustained fatal injuries in incident at Kate's Cottage
Chief minister calls extraordinary meeting to discuss impact of Middle East conflict
Economic National Strategy Board to assess potential inflationary pressures
Government responds to reports linking new Iranian leader to Island-registered company
"The Isle of Man takes matters relating to financial crime, sanctions compliance and the integrity of the international financial system extremely seriously"
Manx Care reviewing pathways and support for those with suspected Covid-19 vaccine injury
It follows a number of listening sessions last year