Thomas wants Manx Government to be ready to react
A Douglas Central MHK says he hopes the Isle of Man Government is ready to react to the UK’s new Economic Crime Bill.
It was rushed through the House of Commons without opposition earlier this week.
The legislation will be used to crack down on overseas criminal organisations which buy buildings and land for money laundering purposes.
It's believed the bill will strengthen the UK Government's ability to tackle Russian interests in Britain.
Chris Thomas says the Island needs to keep a close eye on the situation:
'Should I stay or should I go?': Students weigh up a life and career on the Isle of Man
Sea Services Agreement progress stalled by Liverpool Ferry Terminal contract negotiations
Parking, potholes and a new Castle Rushen High School: Rushen residents tell of their key election issues
Garff Commissioners to hold drop in session ahead of offshore windfarm hearings
'No Trees, No Seas'