On-Air Now
Facebook

Celtic League question Island's financial fraud protection

Thu, 16 Jul 2015


What measures are in place to protect the Island from financial fraud?

That's the latest query from The Celtic League.
 
Treasury Minister Eddie Teare is being asked to shed some light on current measures preventing fraudsters from beating the system. 
 
It's in the wake of recent investigations headed by the UK National Crime Agency involving Manx-based companies. 
 
Director of Information Bernard Moffatt wants to know if the Financial Intelligence Unit and the Financial Supervision Commission are 'robust enough'. 
 
Answers on the cost of operations and the scrutiny of substantial movements of money have also been requested. 

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed