Move comes in the wake of leaked Panama papers
The UK will be provided with 'adequate, accurate and current' information regarding beneficial ownership of Island-registered companies.
That's the claim from the Chief Minister after a statement yesterday (Fri) announced what was described as "enhanced" arrangements.
The move comes in the wake of the so-called Panama papers.
Whilst not directly implicating the Island, the leak has shone a spotlight on the use of tax havens and low tax jurisdictions by the rich and famous.
Allan Bell admits the Island needs to be aware of shifting global attitudes - and not get caught up in other people's problems.
Tynwald to consider Assisted Dying Bill amendments in June
Douglas Council seeks permission for building compound on Ballanard Road playing field
DoI has 'really big' issues to address at Island's airport
Ramsey MHK Alex Allinson won't be seeking re-election
No injuries in light aircraft accident at Ronaldsway