Financial Supervision Commission
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Financial Supervision Commission
The Financial Supervision Commission (FSC) ( gv, Barrantee Oaseirys Argidoil) was the financial regulator of the Isle of Man. The commission was established in 1983. The Chairman was previously a Member of Tynwald until legislation forbade this in 2004. In 2015, the FSC merged with the Insurance and Pensions Authority (IPA) to form the Financial Services Authority (IOMFSA). Chairpersons ;FSC * Col Edgar Mann, 1983-1985 *David Cannan MHK, 1986-1989 * Donald Gelling, 1989-1996 *Walter Gilbey, 1996-1999 *Phil Braidwood MHK, 1999-2001 * Alan Crowe MLC, 2001-2003 * Rosemary Penn, 2004-2012 * Geoff Karran, 2012-2015 ;IOMFSA *Geoff Karran, 2015-2018 *Lillian Boyle, since 2018 References External links * Economy of the Isle of Man Government of the Isle of Man Isle of Man ) , anthem = "O Land of Our Birth" , image = Isle of Man by Sentinel-2.jpg , image_map = Europe-Isle_of_Man.svg , mapsize = , map_alt = Location of the Isle of Man in Europe , map_caption = ...
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Isle Of Man
) , anthem = "O Land of Our Birth" , image = Isle of Man by Sentinel-2.jpg , image_map = Europe-Isle_of_Man.svg , mapsize = , map_alt = Location of the Isle of Man in Europe , map_caption = Location of the Isle of Man (green) in Europe (dark grey) , subdivision_type = Sovereign state , subdivision_name = United Kingdom , established_title = Norse control , established_date = 9th century , established_title2 = Scottish control , established_date2 = 2 July 1266 , established_title3 = English control , established_date3 = 1399 , established_title4 = Revested into British Crown , established_date4 = 10 May 1765 , official_languages = , capital = Douglas , coordinates = , demonym = Manx; Manxman (plural, Manxmen); Manxwoman (plural, Manxwomen) , ethnic_groups = , ethnic_groups_year = 2021 , ethnic_groups_ref = Official census statistics provided by Statistics Isle of Man, Isle of Man Government: * * , religion = , religion_year = 2021 , relig ...
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Tynwald
Tynwald ( gv, Tinvaal), or more formally, the High Court of Tynwald ( gv, Ard-whaiyl Tinvaal) or Tynwald Court, is the legislature of the Isle of Man. It consists of two chambers, known as the branches of Tynwald: the directly elected House of Keys and the indirectly chosen Legislative Council. When the two chambers sit together, they become "Tynwald Court". The chambers sit jointly, on Tynwald Day at St John's for largely ceremonial purposes, and usually once a month in the Legislative Buildings in Douglas. Otherwise, the two chambers sit separately, with the House of Keys originating most legislation, and the Legislative Council acting as a revising chamber. Etymology The name Tynwald, like the Icelandic and Norwegian '' Tingvoll'', is derived from the Old Norse word meaning the meeting place of the assembly, the field (vǫllr→wald, cf. the Old English cognate weald) of the ''thing''. Tynwald Day Tynwald meets annually on Tynwald Day (usually on 5 July) at an ope ...
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Insurance And Pensions Authority
The Insurance and Pensions Authority ( gv, Lught-reill Urryssaght as Penshynyn) or IPA was the statutory body responsible for the regulation and supervision of pensions and insurance businesses operated in or from the Isle of Man. In 2015, the IPA merged with the Financial Supervision Commission (FSC) to form the Financial Services Authority (IOMFSA). History It was first established as the Insurance Authority in 1986. In 1997, its remit was expanded to include oversight of businesses providing pensions and similar products, and it was renamed the Insurance and Pensions Authority. Remit Its remit was to authorise and supervise those businesses carrying on these activities, either in or from the Island. It also oversaw general insurance brokers. (Those brokers advising on or arranging "long term insurance", for example, life policies which offer investment benefits, were supervised by the island's other financial services regulator, the Financial Supervision Commission). In add ...
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Lieutenant Colonel
Lieutenant colonel ( , ) is a rank of commissioned officers in the armies, most marine forces and some air forces of the world, above a major and below a colonel. Several police forces in the United States use the rank of lieutenant colonel. The rank of lieutenant colonel is often shortened to simply "colonel" in conversation and in unofficial correspondence. Sometimes, the term 'half-colonel' is used in casual conversation in the British Army. In the United States Air Force, the term 'light bird' or 'light bird colonel' (as opposed to a 'full bird colonel') is an acceptable casual reference to the rank but is never used directly towards the rank holder. A lieutenant colonel is typically in charge of a battalion or regiment in the army. The following articles deal with the rank of lieutenant colonel: * Lieutenant-colonel (Canada) * Lieutenant colonel (Eastern Europe) * Lieutenant colonel (Turkey) * Lieutenant colonel (Sri Lanka) * Lieutenant colonel (United Kingdom) * L ...
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Edgar Mann
Lieutenant Colonel Dr Edgar John Mann MB (24 June 1926 – 21 June 2013) was a British politician, and Chairman of the Executive Council of the Isle of Man, the then head of the island's Government. Early life and career Born on 24 June 1926 in London, he was educated at the Friern Barnet Grammar School and King's College London. He went on to become a Medical Officer, a general practitioner and a lieutenant colonel in the RAMC, commanding field ambulances in the Territorial Army. Upon moving to the Isle of Man, he became a village commissioner (similar to a parish councillor) at Laxey in 1974, before standing for the House of Keys for Garff in 1976. He was immediately appointed Chairman of various government Boards (forerunners to the Departments). In 1981, he became Chair of the Finance Board, in effect the Treasury Minister, and then in 1985 was elevated to the Legislative Council and became Chairman of the Executive Council. In 1986, the ministerial system was ...
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David Cannan
John David Qualtrough Cannan (24 August, 1936 – 2022) was the Member of the House of Keys for Michael and Chairman of the Isle of Man Water Authority. He was the son of former Chaplain of the House of Keys, Rev Canon Charles Cannan. He was educated at King William's College and was a businessman in the tea and rubber industry before going into politics. In the 1970s he was a Conservative Party councillor before becoming the Michael MHK in 1982. He was elected Speaker of the House of Keys in 2000, and remained as such until the 2001 General Election. He retired from the House of Keys at the 2011 General Election. In 2006 he stood for Chief Minister of the Isle of Man ,and then Speaker, but was unsuccessful in both. Cannan was known to be a supporter of the British Crown in general and was against the move to rename the Lieutenant Governor to Crown Commissioner. Cannan's death was announced on 1 August 2022. Governmental positions * Minister of the Treasury, 1986–89 ...
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Member Of The House Of Keys
The House of Keys () is the directly elected lower house of Tynwald, the parliament of the Isle of Man, the other branch being the Legislative Council. History The oldest known reference to the name is in a document of 1417, written in Latin by an English scholar, which refers to (the 'Keys of Mann') and (the 'Keys of Law'). There is a dispute, however, over the origin of the name. The word ''keys'' is thought by some to be an English corruption of a form of the Norse verb ('to choose'). However, a more likely explanation is that it is a mishearing of the Manx-language term for 'four and twenty': , the House having always had 24 members. The Manx-language name of the House remains ('The Four and Twenty'). Governance Members are known as ''Members of the House of Keys'' (MHKs). Citizens over the age of 16 may vote, while one must be at least 18 years old and a resident of the Island for three years to be elected an MHK. There are 12 constituencies, mainly based o ...
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Donald Gelling
Donald James Gelling CBE CP, CInstSMM (born 5 July 1938) is a Manx former politician, who is a former Chief Minister of the Isle of Man who served two terms as Head of the Government. Early life and career Gelling was born on Tynwald Day (5 July) 1938 in Santon, a village to the south-west of Douglas. He was apprenticed in engineering from 1954 to 1959 and after National Service in the Royal Air Force he became a salesman of agricultural machinery and vehicles. He was a general manager of his company from 1969. His political career began immediately as his National Service ended in 1961 when he was elected as a Santon Parish Commissioner; he served for 25 years and had five terms as Chairman of the Commissioners. In the Tynwald election of November 1986 Gelling was elected as Member of the House of Keys for Malew and Santon constituency. Like most political figures in the Isle of Man, Gelling does not belong to any political party and has fought elections as an Independen ...
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Walter Gilbey
Sir Walter Gilbey, 1st Baronet, (2 May 1831 – 12 November 1914) was an English wine-merchant, horse-breeder, author, and philanthropist. Early life Gilbey was born at 11, Windhill, Bishop's Stortford, Hertfordshire to Henry Gilbey (1789–1842) and Elizabeth (died 1869), a daughter of William Bailey, of Stansted Mountfichet, Essex. Henry Gilbey, of Essex farming stock, had gone into innkeeping at Stansted, becoming landlord of the Bell Inn, but after the economic depression resulting from the Napoleonic Wars he had to seek other employment. Settling at Bishop's Stortford, he established a successful daily coach service travelling to and from London, often driving himself. The arrival of the railway put an end to this business, and Henry returned to his former occupation as landlord of the Red Lion Inn at Hockerill. He died after only a short time, when Walter was eleven years old, leaving his widow and seven children with limited means. Walter Gilbey was shortly placed in th ...
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Phil Braidwood
Robert Philip Braidwood BEng (born 11 July 1949) is a Manx politician, who was formerly a Member of the Legislative Council; he was previously an MHK for Douglas East after winning the Douglas East by-election in 1995 and he continued to top the poll in every General Election since then until his elevation to the Legislative Council in 2010, which sparked a by-election won by Chris Robertshaw. He has had a long political career and has held numerous government positions, notably Minister of Transport (2005–06) and Minister of Home Affairs (2001–05). Governmental positions *Chairman of the Financial Supervision Commission, 1999–2001 *Minister of Home Affairs, 2001–05 *Chairman of the Communications Commission, 2001–05 *Minister of Transport A ministry of transport or transportation is a ministry responsible for transportation within a country. It usually is administered by the ''minister for transport''. The term is also sometimes applied to the departments or ot ...
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Alan Crowe
Edward "Alan" Crowe MLC, FCIS, ACIB (born 1 September 1940) is a former Manx politician and former teacher, who was successively a member of both branches of Tynwald in the Isle of Man. Early life and career Born on 1 September 1940 to George Henry Crowe and Esther Annie Crowe (née Caley), he was educated at Ramsey Grammar School and Loughborough Training College. He was awarded a teaching diploma, and taught initially in England and then in Canada. He then embarked upon a banking career, initially with the Isle of Man Bank, and became the Company Secretary and Executive Director of various companies, including Eagle Star (International Life). He is also a Fellow of the Institute of Chartered Secretaries and Administrators, a Chartered Company Secretary and an Associate of the Chartered Institute of Bankers. He contested Douglas North unsuccessfully in the 1991 General Election, but was elected Member of the House of Keys for that constituency in a 1995 by-election. He was ...
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Legislative Council Of The Isle Of Man
The Legislative Council ( gv, Yn Choonceil Slattyssagh) is the upper chamber of Tynwald, the legislature of the Isle of Man. The abbreviation "LegCo" is often used. It consists of eleven members (MLCs): * Eight members elected by the House of Keys * Three ''ex officio'' members: ** President of Tynwald, ''ex officio'' President of the Legislative Council (casting vote) ** Bishop of Sodor and Man ** Attorney General for the Isle of Man (non-voting) Historically, most or all elected MLCs were former MHKs, but this practice has now much reduced or ceased. Formerly, the Lieutenant Governor presided over the Legislative Council and over Tynwald Court (a joint session of the Council and the House of Keys). Now, however, the President of Tynwald, who is chosen by the whole Tynwald for a five-year term, is the ''ex officio'' President of the Legislative Council, and presides over both the Legislative Council and Tynwald Court, except that the Lieutenant Governor presides once a year ...
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