Overview Situated in the Irish Sea, almost equidistant from Ireland and the UK, the Isle of Man is a self-governing, British Crown dependency. The Island is not part of the United Kingdom but Her Majesty the Queen, is the Head of State and holds the title of Lord of Mann. The Island’s democratic Parliament is called Tynwald, which has been in place for over 1,000 years, making it one of the most politically stable of all offshore jurisdictions. Tynwald makes its own laws and oversees all internal administration, fiscal and social policies. The UK Government does not legislate for the Island, except with the specific consent of the Island’s Government. External issues, such as foreign representation and defence, are administered by the UK Government, on the Island’s behalf. The Island is a part member of the European Union (EU) pursuant to Protocol 3, with involvement mostly relating to customs and the free movement of goods. © Cavendish Trust Company Limited 2021. All rights reserved. Licensed by the Isle of Man Financial Services Authority. Links | Privacy | Disclaimer | Contact

Legal & Regulatory Regulation Cavendish Trust holds Class 4 and Class 5 licences for the purpose of carrying out corporate and trust services and as such, is regulated and supervised by the Isle of Man Financial Services Authority pursuant to the Financial Services Act 2008 and all associated legislation. Professional Indemnity Insurance Cavendish Trust has substantial professional indemnity insurance, enabling us to offer all the benefits of a tailored service with comprehensive risk cover. Cavendish Trust will also tailor PI cover to specific client circumstances, should this be required. Compliance As a licensed Corporate and Trust Service Provider, Cavendish Trust is obligated by law to comply with the Isle of Man’s client due diligence regulations, which include strict requirements to know the identity of and establish the bona fides of each structure’s ultimate beneficial owner. The schedules provide an indication of the due diligence requirements typically required on individual and corporate clients, however for comprehensive details particular to your circumstances please contact our offices. Meanwhile, in its review of adherence to international standards, the Financial Stability Board placed the Isle of Man in the highest category of co-operative jurisdictions. To read about The Isle of Man receiving the seal of approval from the Financial Stability Board click below: http://www.financialstabilityboard.org/publications/r_111102.pdf © Cavendish Trust Company Limited 2021. All rights reserved. Licensed by the Isle of Man Financial Services Authority. Links | Privacy | Disclaimer | Contact

News Please select a news category below to filter articles by subject. Search articles by keyword AllAviationBlockchainCavendishE-BusinessE-GamingIsle of ManMarketsNewsShippingSpace & SatelliteTrusts © Cavendish Trust Company Limited 2021. All rights reserved. Licensed by the Isle of Man Financial Services Authority. Links | Privacy | Disclaimer | Contact