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Summit offers positive steer on transparency agenda

 

The chief minister says he's confident the UK government has no further agenda for the offshore jurisdictions - at least until after the general election.

Allan Bell spoke on his return from Friday's British-Irish Council summit in Guernsey, a gathering of political leaders from Britain, Ireland, Northern Ireland, Scotland, Wales and the Channel Islands.

Mr Bell held a short, private meeting with the UK Deputy Prime Minister Nick Clegg, between meetings on the formal summit agenda.

In recent years, the Isle of Man has faced a stream of demands from UK authorities to improve tax transparency and regulation in financial services. 

After the summit, Mr Bell said indications are there's no further raft of changes on the horizon:  

 

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