ILS Fiduciaries (IOM) Limited
- Founded
- 1991-01-01 in Isle of Man
- Headquarters
- First Floor, Millennium House, Victoria Road, Douglas, Isle of Man, IM2 4RW, United Kingdom
- Phone
- +44 1624-682500
ILS Fiduciaries (IOM) Limited is a licensed fiduciary services company headquartered in Douglas, Isle of Man, and a core operating entity of the ILS World group. Founded in 1991, the firm holds a Class 5 Trust Services licence from the Isle of Man Financial Services Authority, authorising it to act as trustee and administer complex multi-jurisdictional structures. It provides independent corporate, trust, and foundation services to professional advisers, international corporate groups, and private clients worldwide, with a particular focus on the iGaming and eCommerce sectors. The company's offerings include company formation and administration, director services, trust and foundation creation, accounting and bookkeeping, and compliance consultancy. ILS Fiduciaries differentiates itself through its independent ownership model, director-led client service, and strict adherence to GDPR and anti-money laundering standards. With approximately 100 employees and additional offices in London, Portugal, Hong Kong, and the British Virgin Islands, its leadership team collectively brings over 120 years of financial sector experience.
Detailed Review
History and Founding
ILS Fiduciaries (IOM) Limited was established in 1991 on the Isle of Man as part of the privately owned ILS World group. The company has grown over three decades into a respected fiduciary services provider, known for its independence and regulatory compliance.
Business Model and Revenue
ILS Fiduciaries generates revenue by charging fees for corporate administration, trust and foundation management, director services, and ongoing compliance support. It does not provide legal or tax advice but works alongside clients' external advisers to implement solutions. The firm serves a diverse client base ranging from high-net-worth individuals and family offices to international trading companies and online gaming operators.
Products and Services
The company offers a comprehensive suite of services: Corporate Services (formation, administration, and management across Isle of Man, BVI, and Hong Kong); Trust & Foundation Services (creation and administration of trusts, foundations, and private trust companies for estate planning and wealth preservation); eGaming Support (bespoke corporate structures for online gaming operators, including licensing assistance and ongoing compliance); Accounting & Bookkeeping (VAT registration, VAT returns, bookkeeping, and financial administration); and Compliance & Consultancy (anti-money laundering compliance, regulatory advisory, and due diligence support).
Market Position and Competition
ILS Fiduciaries competes with other Isle of Man–based fiduciary providers such as IQE and Ocorian, but differentiates itself through its independence, director-led service, and strong presence in the iGaming sector. The firm is listed on CasinoVendors.com as a supplier of consulting, legal support, and bookkeeping services to the online gaming industry, highlighting its niche expertise.
Licensing and Regulatory Footprint
The company is regulated by the Isle of Man Financial Services Authority under the Corporate Service Providers Act 2000 and holds a Class 5 licence for trust services. Its compliance framework aligns with GDPR and local data protection laws, and it maintains a multilingual team to handle cross-border structures efficiently.
Recent Developments
ILS Fiduciaries continues to expand its global footprint with offices in London, Portugal, Hong Kong, and the British Virgin Islands. The group's leadership, including CEO Karen Jones, emphasises direct client engagement and adherence to evolving regulatory standards.
Key Products
Corporate Services
Company formation, administration, and management across multiple jurisdictions including Isle of Man, BVI, and Hong Kong.
Trust & Foundation Services
Creation and administration of trusts, foundations, and private trust companies for estate planning and wealth preservation.
eGaming Support
Bespoke corporate structures for online gaming operators, including licensing assistance and ongoing compliance.
Accounting & Bookkeeping
VAT registration, VAT returns, bookkeeping, and financial administration.
Compliance & Consultancy
Anti-money laundering compliance, regulatory advisory, and due diligence support.
Offices & Headcount
100 employees (approx.)
Key Persons
- Karen Jones
Chief Executive Officer