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Isle of Man Data Asset Foundations (DAFs): A Practical Blueprint for Treating Data as a Governed Asset

On 7 April 2025, the Isle of Man enacted the Foundations (Amendment) Bill 2025, establishing a statutory framework for a data asset foundation Data Asset Foundations (DAFs). The headline impact is simple and powerful: it creates a legal structure designed to treat data as a legally governed asset, rather than a byproduct of operations or a compliance burden. For organisations operating in data-intensive and regulated environments, this matters because it turns [...]