17 July 2012

Isle of Man’s commitment to combating money laundering


The Isle of Man Government has published a document underlining its policy of compliance with evolving international standards in tackling financial crime.

The publication ‘Commitment to Combating Money Laundering and the Financing of Terrorism and Proliferation’ is intended as a concise summary of the Island’s position for external audiences.

It includes a short overview of the Isle of Man, a review of the various positive international evaluations of the Island, a clear statement of its commitment to international standards and co-operation, and an introduction by Chief Minister Allan Bell MHK.

Mr Bell writes: ‘The Isle of Man Government’s commitment to combating money laundering and the financing of terrorism reflects the Island’s position as a reputable centre for international financial services.

‘The Isle of Man is proud of the part it has played in helping the international community to protect global financial systems from those who would wish to abuse them to launder money or finance terrorist activities.’

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