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Chief Minister announces crackdown on financial crime

Chief Minister Howard Quayle says the government will publish a new strategy to help tackle financial crime and money laundering soon.

In the House of Keys yesterday he faced questions from Ramsey MHK Lawrie Hooper about a recent assessment of the Island carried out by MONEYVAL.

The European organisation, which combats terrorism financing and money laundering, found a number of weaknesses in the Island's regulatory systems.

Mr Quayle says it's something he takes seriously:

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