Due to COVID-19 restrictions on the Isle of Man in March 2021, the FSA issued a Press Release which set out extensions to certain requirements for submission of Audited Financial Statements, Audit Confirmations and Annual Regulatory (or Compliance) Returns for regulated entities and certain changes to quarterly financial resource returns.
This press release was issued primarily for regulated entities with financial years ending between 31 December 2020 and 31 March 2021, to aid with practical issues that may have caused delays in the auditing process.
The Authority is now reverting to the standard requirements for financial year ends ending on, or after, 30 June 2021.
Entities should reach out to their normal contacts at the FSA if they forecast issues in meeting the standard submission deadlines.
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