Island reps return from regulatory meeting

Manx financial delegates discuss issues with Channel Island counterparts

Representatives of the island's Financial Supervision Commission say Wednesday's regulatory meeting between the crown dependencies was a success.

Members from the Manx finance sector met with their counterparts from Guernsey and Jersey to discuss issues like the G20 and new international regulations.

They also covered the review of the recommendations on countering money laundering and terrorist financing.

The chairmen of the regulatory bodies issued a joint statement saying that "the meeting provided an important forum for the jurisdictions to meet and collectively discuss key issues affecting them".