New terrorism laws could improve Island's image
Publication Date: Thu, 05 Aug 2010 07:48
Home Affairs Minister Adrian Earnshaw MHK
The Home Affairs Minister says new terrorism laws will help the Island's global image as a transparent finance centre.
It's hoped an amendment to the Anti-Terrorism and Crime Bill will prevent terrorists using the Island for financial purposes.
The changes are currently out to consultation. Feedback can be sent the the Department of Home Affairs.
Whilst the Isle of Man is on the OECD white list, other juristictions have been critical of the Manx finance system, labelling the nation a "tax haven"
Adrian Earnshaw says the Island wants to be seen to be responsible [play clip]
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Adrian Earnshaw MHK
