On Air Goll as Gaccan Simon Clarke & Phil Gawne | 4:00pm - 6:00pm

Govt issues new AML strategy

National risk assessment details released.

A new anti-money laundering strategy, and one to combat the financing of terrorism, have been released by the Manx government today.

The document has been produced following a review of existing defences - a national risk assessment - carried out across the public and private sectors during 2014/15.

That NRA document has also been published today.

It was conducted ahead of a forthcoming one, which will be carried out by MONEYVAL.

This Council of Europe body monitors compliance with the latest international standards against money laundering and terrorist financing.

Both of the documents released today can be viewed on the government's website, gov.im

More from Isle of Man Business