Against a background of increased competition, digitalisation, globalisation and regulation the outloook for the offshore banking and capital markets sector has never been more challenging. Increasingly, offshore banking services are being shaped by onshore factors resulting from the reform of the sector both globally and within the UK.
Here in the Isle of Man, we continue to have a diverse banking sector with over 25 licenceholders managing total assets in excess of £45Bn.
The current opportunities and challenges faced by the sector have heightened the importance of having the right advisers with the depth of resource. Our dedicated banking and capital markets practice comprises a strong team of individuals who are recognised internationally for their skills and experience, having built up this expertise over the last 25 years in audit, tax and advisory. We are proud to have the largest banking and capital markets practice in the Isle of Man.