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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on March 25, 2025

    Featured image for article about Headlines

    By Sam Tabahriti

    LONDON (Reuters) -The Isle of Man, a self-governing British Crown Dependency off northwest England, on Tuesday approved a bill that would allow terminally ill adults the right to choose to end their own lives.

    The bill would give residents with less than 12 months to live the choice to receive help to end their lives, potentially making the island the first in the British Isles where terminally ill people would have the legal right to end their lives.

    Britain's parliament is considering a similar bill on assisted dying for terminally ill adults in England and Wales. That bill is currently undergoing line-by-line scrutiny and will need to pass a final vote in both houses of the British parliament if it is to become law.

    The Isle of Man is not part of the United Kingdom, but is considered part of the British Crown and has King Charles as its head of state.

    Alex Allinson, a doctor and politician on the Isle of Man who brought the legislation there forward, confirmed the passing of the bill.

    "Today, the Isle of Man parliament passed the Assisted Dying Bill which will now be submitted to the UK ministry of justice for Royal Assent," Allinson said in an emailed statement.

    The Royal Assent is when King Charles, the head of state of the Isle of Man and other Crown Dependencies, formally gives his stamp of approval for the bill to become law.

    Under the bill, those who wish to end their own lives must be terminally ill adults expected to die within 12 months. They must be aged over 18, registered with an Isle of Man family doctor and have been a resident on the island for five years.

    People must have the legal capacity to make the decision, which must be verified by two independent doctors.

    The bill was approved despite some opposing voices on the island of around 84,000 people. A 2023 Isle of Man Medical Society survey of 108 of its members - medical professionals - found 74% were against the bill, and 34% said they would go as far as considering leaving the island should it pass into law.

    (Reporting by Sam Tabahriti; Editing by Catarina Demony and Ros Russell)

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