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Postgraduate students following the Masters degree in Financial Regulation & Compliance Management at the International Business School have recently returned from a European study trip to London, Brussels, Bonn and Frankfurt. 

The study trip, which is an integral part of the programme, aims to provide participants with an opportunity to visit the UK Financial Services Authority; study the processes of the European Union and its impact on financial regulation; and, to consider how regulation and compliance culture are organized in a different financial system, this year in Germany.  Of course issues about the Isle of Man's relationship with the EU also arose.

On his return, Programme Leader Chris Thomas, said: "I think the participants were surprised to learn that the Isle of Man was not discussed more in the EU, and I think they noticed that Liechtenstein and Iceland, for example, had representation on certain specialist European committees in the area of financial regulation".

Students are pictured in the reception of the Eurotower, Home of the European Central Bank, where the group heard from Mr Panagiotis Strouzas, of the Prudential Supervision Division, about the role of the European Central Bank in Financial Regulation.

The group is off Island again at the end of January to Washington, for the course study visit to the United States.