This is the first National Risk Assessment of money laundering and terrorist financing (NRA) conducted by the Isle of Man, reflecting the Island’s continuing commitment to uphold the highest international standards in protecting our economy against criminal abuse. Money laundering and terrorist financing present global threats, against which all countries have a responsibility to provide robust defences. This is a responsibility that the Isle of Man takes particularly seriously.
The NRA is intended to inform Government policy making and to directly influence the efficient allocation of resources. Its findings will also help industry, providing a national context within which businesses can carry out their own risk based reviews. Considerable further progress has been made since this National Risk Assessment was finalised in the summer of 2015.