Transparency International calls for action
An anti-corruption agency says Crown Dependencies must introduce a public beneficial ownership register to deter and detect dirty money.
Speaking on Radio 4's Today Programme this morning (30 Aug), the director of Transparency International believes the UK Foreign Office isn't doing enough to prevent money laundering.
Robert Barrington said the Isle of Man is part of a 'gaping loophole' in the current financial legislation:
Some pubs to stay open for early-hours England match
Thomas Tuchel's side to face-off against co-hosts at 1am
Tynwald to revisit rates bill after the election
Proposals paused following first and second readings
Douglas Council to install temporary play area in Marine Gardens
Local authority says it's waiting for the promenade sea wall to be extended
'Significant work' needed to reduce people entering criminal justice system
Refreshed Criminal Justice Strategy to go to Tynwald
First risk assessment on proliferation financing published
Marks important milestone ahead of the Island's MONEYVAL evaluation