Originally posted by contractor20
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The IOM FSA exists to protect the financial reputation of the IOM. It does not exist to protect the rights of individuals.
IOM FSA does not regulate trusts. It sets minimum standards of conduct.
IOM Law does have rules for trustees to follow. A decent guide is here. See section 4.
https://www.applebyglobal.com/public...ruary-2016.pdf
In some trusts, you may be surprised at who the beneficiaries actually are. Check the trust deed.
If you are NOT the beneficiary then the trustee has no duty of care toward you.
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