On Air Claare ny Gael Bob Carswell | 6:00pm - 7:00pm

Island's tax laws ahead of other countries, says CM

Howard Quayle insists Manx legislation leads the way globally

The chief minister insists the Isle of Man is a global leader in anti-money laundering laws.

Howard Quayle has been speaking after the Island was named as the world's 17th most aggressive tax haven in an index published by the Tax Justice Network.

Mr Quayle has branded the organisation "irrelevant", stating the Island does comply with OECD and Moneyval legislation.

He highlights the Island's introduction of tax avoidance measures as an example of Manx regulations being ahead of those in other jurisdictions:

More from Isle of Man News