Isle of Man FSA releases its AML/CFT/CPF supervisory progress report, noting improved compliance and setting 2026/27 priorities on sanctions, TF/PF, risk assessments, foreign PEPs, VASPs & Travel Rule

The report signals a stronger focus on whether firms’ controls work in practice, with governance, risk assessments, CDD, transaction monitoring and control effectiveness remaining key supervisory priorities. The FSA will also assess firms’ treatment of foreign PEPs, while using supervisory findings to strengthen guidance, the AML/CFT Handbook and preparations for the MONEYVAL mutual evaluation…