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:
Several sailings at risk or cancelled due to adverse weather
Heysham crossing off today and four in doubt tomorrow
Glencrutchery Road to close to northbound traffic
Manx Utilities carrying out emergency repairs on burst water main
MHK's shock over Hospice announcement
Dr Alex Allinson to quiz health minister over charity's funding
Baldrine Methodist Hall is not being sold by church
It was confirmed at a requisition meeting which was held last night