National strategy to help tackle bribery and corruption

Island could benefit from 'more consistant approach'

Government says a national strategy is being put together to assess the threat bribery and corruption has to the Isle of Man here and overseas, whilst plugging potential legal gaps.

The Anti-Money Laundering and Countering the Financing of Terrorism Policy Office is working on a project to make sure suspicious activity is recognised, reported and acted upon within the Island's public and private sector.

It says, despite current efforts, the Island would benefit from a more 'consistent' approach.

In 2020 the risk from money laundering on the Island was said to be 'medium high'.

Cabinet Office Minister Kate Lord-Brennan MHK says: 'Bribery and corruption has a damaging effect on communities and the rule of law. 

'This project reflects our commitment to ensuring that ours is an internationally compliant jurisdiction where financial crime, whether perpetrated at home or elsewhere, is not welcome.

'While much good work is already taking place, we need a clear national strategy on this to support agencies to work together more effectively in identifying risks and taking action where necessary. 

'Our intention is to create a lasting legacy by putting in place an online portal that provides access to advice, information, policies and legislation, as well as a means for the confidential reporting of concerns.'

Detective Superintendent Jed Bibby, Head of Criminal Investigations at Isle of Man Constabulary, says: 'Bribery and corruption have no place in our community. The Isle of Man Constabulary’s Strategic Plan specifically recognises the Aims of ‘Keeping the Community as safe as possible’ and ‘Becoming highly effective at tackling international financial crime’.'