Island committed to combat financial crime
Chief Minister Howard Quayle says the Isle of Man register of beneficial owners exceeds current international standards.
There is the provision that it can provide law enforcement agencies with information within one hour in urgent cases.
A large body of MPs wanted to change the private arrangement and make the crown dependencies, as well as overseas territories, have public and open registers.
The matter came up during the Sanctions and Anti-Money Laundering Bill debate in the House of Commons on Tuesday - Howard Quayle:-
OPEL 4 for Noble's Hospital due to 'unprecedented level of demand’
No repayments made yet on £2.2m KWC loan
Joanna Simpson's killer denied parole
Manx Care in 'good state of readiness' for TT
'Lessons need to be learned' from CEO role within Manx Care