Message Font: Serif | Sans-Serif
No. of Recommendations: 0

Sorry for the delayed response, this board got buried amid the others and I didn't see your reply. Two points though, as it relates to the Isle of Man and Neteller:

--first, Neteller's charter as an e-money issuer was granted by the FSA, a U.K. governing entity, making Neteller's principal activities subject to U.K. purview.
--second, Isle of Man is a crown dependency. Loosely speaking--and I'm sure there's wiggle room, but on the broader scale--this means the U.K. has ultimate authority on legislative matters and acts as the Isle's representative in international forums.

Hence, it's hard to see much happening without U.K. involvement. Hope this helps!

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.