The Manx publication, which is introduced by the Island’s Chief Minister, lists the Island’s numerous memberships of international supervisory bodies, including the International Organisation of Securities Commissions. It also provides details of recent assessments carried out on the Isle of Man by various international organisations, which include the International Monetary Fund and the Organisation for Economic Cooperation and Development (OECD).
The publication lays out the Isle of Man Government’s “commitment to maintaining domestic legislation, policies and procedures which ensure effective compliance with the international standards and, where necessary, progressing further measures in the future to implementing evolving international standards and best practice.”
Moira McHarrie, IQE Executive Director with responsibility for the company’s compliance noted, “We are very pleased to see the Isle of Man Government take such a proactive stance with regard to the prevention of money laundering and the financing of terrorism. The Isle of Man continues to ensure that it is at the forefront where international standards and best practice are concerned, as was demonstrated recently by the Island’s inclusion as one of only 12 countries found by the OECD to have in place all the elements of effective tax information exchange.”
We have the expertise to assist with multi-jurisdictional fiduciary services for international structures
Simcocks Advocates have worked closely with IQE on both real estate and other private and commercial transactions over a number of years, and from our experience, IQE always strive to deliver the highest standards of service to both private and corporate clients alike. Their attention to detail, strong work ethic and listed corporate governance experience set them apart from other service providers. Phil Games, CEO, Simcocks Advocates Limited