Category > isle_of_man

There are many videos on Youtube with the same motto: Don't bank on the Isle of Man Isle of may is on the OECD white list and presents itself as a leading and well regulated international financial centre with a proactive and innovative approach to business . Clients now know what do mean a so-called well regulated international financial center.  A couple of videos from youtube:            

  Richard Murphy has detected an interesting message on Youtube posted by someone who put her life savings on deposit with Kaupthing Isle of Man after being assured that my money was safe. With the backing of the Financial Supervision Commission the directors put over 50% of the bank's assets into Kaupthing UK which subsequently went into Administration. She received no letter of explanation...

A MULTI-millionaire has appeared in court charged with money laundering offences. Know more

Last Friday the Isle of Man confirmed that its tax system, which it claimed complied with the requirements of the EU Code of Conduct for Business Taxation, has failed to secure the approval of the...

The Criminal Justice (Money Laundering) Code 2007 contains minor amendments made following the latest consultation on the Anti-Money Laundering Code 2007. In addition, it further extends the list...