A tax consultancy company based in Douglas has been fined more than £28,000 by a financial regulator.
Y&A Group, based on Drinkwater Street, admitted breaching money laundering regulations after an investigation by the Financial Services Authority.
The FSA found seven failures, including insufficient checks on customers and the source of their money.
It imposed a civil penalty of £40,901 which was reduced to £28,631 because the company cooperated with the authority.
Yacht club worries over lifeboat retirement
One nuisance cyclist ticketed in more than three years
New ministerial post created by chief minister
Huge floating book fair to arrive in Douglas next month
Stay safe for Hop Tu Naa tonight
Special Olympics fundraiser needs you
Peel ready for bonfire and fireworks later
Government: "UK never told us about child murderer"