Process aims to keep business free from money laundering and terrorist financing
The risk of money laundering on the Island is medium high, according to the Isle of Man Government's annual financial risk assessment.
The process is designed to gauge the progress made by the Manx finance industry, ensuring business is free from money laundering or terrorist financing.
Karen Ramsay of the Cabinet Office says the system is both pro-active and reactive when looking for weaknesses:
More commuter trains to be offered amid bus strikes
Extra services being put on tomorrow (23 March)
Post Office reports stronger profits but warns of major changes
Organisation remains financially stable as letter volumes fall and government services are set to be withdrawn
More than 1,200 abortions on Island since change in law
Abortion Reform Act came into force in 2019
Teenagers praised for litter-picking efforts
Ballakermeen pupils team up with Beach Buddies
Douglas street to close for roof repairs
Barrack Street will shut at times from Monday until Wednesday
