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FSA releases new progress report on financial crime defences

The Isle of Man Financial Services Authority says progress has been made in strengthening the Island's defences against financial crime.

Its latest report covers the first year of a two-year programme targeting risks from money laundering, and terrorist and proliferation financing.

Priorities for the next year include work on sanctions, virtual assets, estate agents, moneylenders and foreign politically exposed persons.

You can read the full report here.

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