The Committee reserves the right to publish any evidence sent to it in the absence of any agreement that the evidence will be confidential.
At the sitting of Tynwald Court on 16th July 2009 it was resolved –
“That Tynwald appoints a Committee of three Members with powers to take written and oral evidence pursuant to sections 3 and 4 of the Tynwald Proceedings Act 1876, as amended, to investigate and report on –
(1) the cause of the collapse of Kaupthing Singer and Friedlander (IoM) Limited;
(2) the role of the Financial Supervision Commission in ensuring the proper management of Kaupthing Singer and Friedlander (IoM) Limited to protect depositors‟ funds;
(3) the credibility of the Depositors‟ Compensation Scheme; and
(4) any other relevant matter”