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:
Government considering if seaweed could be used as fertiliser
DEFA contacts local authorities for their views
Laxey Brass Band Festival postponed
First weather-related postponement in nine years
TT footbridge to be installed
Road closure in place whilst work is carried out
Autoimmune charity approaching 10 year anniversary
Island founder of 'Without Wings' says it's a 'big deal'
Deputy Chief Minister attends Channel Islands Liberation Day reception
Jane Poole-Wilson represented Island at Palace of Westminster