The Isle of Man's financial services sector is prospering, but its resolve was tested with the efforts of the OECD to 'name and shame' unfair tax regimes. Dylan Emery takes a look at the island's financial services
The Isle of Man recently won the award for 'Best International Financial Centre' at the International Investment Offshore Fund and Product Awards. The awards recognises the work of the Isle of Man's financial services sector has achieved. The economy of the Isle of Man is booming, thanks in large part to the success of the financial services industry on the island. The financial services sector is the largest in the economy accounting for 41%. Professional services are next, representing a 15% share. Manufacturing comes in at 9%. Insurance and banking products have traditionally been the ...
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