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The Benefits of our International Networks
I recently spent the weekend in Kenmare on the West Coast of Ireland for the annual TAG meeting of the British Islands members; this year was complemented by four visiting members from North America. During the return journey (which included four airports, several delays, lost golf clubs and a race in a taxi to make the final flight home), the question arose as to why it was worth making such efforts to attend these events.
Brexit – the potential impact on the aviation industry
Following the UK’s “yes” vote to leave the European Union (“EU”) after four and a half decades, many of the consequences of Brexit are still unknown; indeed, there is much speculation within the aviation industry about how Brexit may affect those working in and using the sector. Brexit will mean leaving Europe’s “Open Skies” system, which may force the UK into new bilateral agreement negotiations with the EU to allow flights to fly to and from Europe. A potentially complicated and drawn out procedure.
GDPR – Gather, Document, Plan & Review!
With less than nine months until the 25th May 2018 deadline, organisations are still coming to terms with General Data Protection Regulation (“GDPR”) and its implications which will change the way we all do business.
The Beneficial Ownership Register
The Isle of Man has worked tirelessly over the last two decades with international bodies and individual nations with the objective of stamping out terrorist financing, corruption, tax evasion and money laundering. The introduction of the Beneficial Ownership Register is another area where the Manx Government is cooperating and contributing to the fight against illicit activities.