INTERNATIONAL FINANCIAL CENTREIsle of Man

The judges were looking for a centre that took a pro-active and forward-thinking approach to both regulation and legislation. The winner impressed the judges by having a clear idea of the key issues facing it as an international financial services centre and having the strategy in place to deal with these. The Isle of Man is the worthy winner in this sector. In the last 12 months it has put down ground work for a new companies law to be rolled out this year and introduced the Fiduciary Services Act 2005. It has also delivered a zero tax rate for corporate business. Isle of Man has won t...