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Protected Cell consultation

by isleofman.com 22nd July 2010

The Treasury is asking for views on changes to the sorts of businesses that can be conducted by Protected Cell Companies.

PCCs are firms which have their assets ringfenced in separate cells and at the moment are restricted to insurance and collective investment firms.

But officials at the Treasury are now putting together draft regulations which would see any class of business to be conducted that way.

The consultation closes on August 31 and you can find more information on the proposals in the consultation document on the government’s website: gov.im

Posted by isleofman.com
Thursday 22nd, July 2010 08:42pm.

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