14th July 2017
This week the Manx Independent looks more closely at the issues that are affecting the Manx police force. We have spoken to the Chief Constable about how greater pressure to investigate financial crime has affected the constabulary. The issue has become his biggest challenge, he tells us. Read More
3rd July 2017
The Isle of Man is on track to meet deadlines for improvements to anti-money laundering legislation. Last week, the House of Keys agreed to take the first two reading stages of the Gambling (Anti-Money Laundering and Countering of the Financing of Terrorism) Bill. Read More
26th June 2017
Assets held offshore in the British Virgin Islands (BVI) are worth $1.5 trillion (£1.19 trillion), double the International Monetary Fund’s 2010 estimate. That’s according to a new report by Capital Economics, seen by the Financial Times. Read More
21st June 2017
Finance Minister Edward Scicluna was careful not to engage with MEPs who again pressed him on Malta’s commitment to fight money laundering, Panama Papers leaks and claims of the island being used for tax evasion. Read More
16th June 2017
The Revenue Commissioners has boosted the number of staff focused on audit investigations and tax evasion by 100 since the start of the year. However, almost two-thirds of them will first have to go through a two-year training programme… Read More
12th June 2017
Jersey has signed up to an international agreement aimed at reducing the opportunities for tax avoidance by multinational companies.Chief Minister Ian Gorst and representatives from more than 60 other jurisdictions signed the Organisation for Economic Co-operation and Development convention in Paris last week. The agreement, which aims to prevent base… Read More
8th June 2017
In all the election noise, you are unlikely to have heard anything about a paragraph appearing on the 124th page of the Labour Manifesto – even though it is a manifesto pledge that could transform the world in a truly fundamental way. The pledge commits the Labour Party to lift the… Read More
7th June 2017
A former Jersey accountant who is alleged to have been behind one of Australia’s largest tax scams is believed to have been arrested on the Swiss-Italian border. Philip Jepson Egglishaw, a former Hautlieu pupil, has been wanted by the country’s authorities who claim that he set up a US$300 million… Read More
5th June 2017
The Turks and Caicos Islands is gearing up to complete its first money laundering and terrorist financing National Risk Assessment this June. About 50 stakeholders and representatives from both the public and private sectors are expected to convene for a two-day workshop at the Blue Haven Resort in Providenciales. The workshop… Read More
KYC360's Tom Devlin interviews Simon Gaudion, Director of the Enforcement Division at the Guernsey Financial Services Commission. Read More