Chief Minister promises zero tolerance approach to financial crime

The Chief Minister says the Island is committed to a zero tolerance approach to financial crime.

Howard Quayle made the statement as the Government published its Financial Crime Strategy for the next three years.

The Government says its priorities are understanding the money laundering and financial terrorism threat facing the Island, ensuring the Isle of Man is hostile for money laundering, proactively identifying offenders and taking the benefit out of crime.

Mr Quayle insists the Island is dedicated to attracting quality business and protecting its reputation against abuse by criminals.