Chief Minister Alf Cannan says passing a key financial evaluation next year will bring business confidence and investment to the Island.
This week in Tynwald, he faced questions from Onchan MHK Julie Edge about the European MONEYVAL inspection due next year to check the Island upholds international standards.
Mr Cannan said showing the Isle of Man adheres to money-laundering rules is critical for business here.
And he added passing the evaluation would maintain the Island's reputation:
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Bank scammers warning as calls target Island residents
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Island to extend UK VAT cut on power, says Treasury Minister
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The Island's information commissioner says four in five Freedom of Information requests have been answered on time this year.
Stay off damaged slipway in Laxey, says local authority
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MHK sues attorney general and returning officer over election votes
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Islanders reminded to keep challenging domestic abuse beyond October
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