Financial Transparency Coalition

The Isle of Man Today web site carries the following back handed compliment today, the following being an edited (shortened) version of the story:

We have also written a story about a letter from a group who thinks the Isle of Man should ditch zero-10 company tax. The group of 12 people – including a high profile charity worker – says that we’d be better off in the long run and have a better reputation if we re-introduced company taxes. You might remember that a few weeks ago (August 10, to be precise) we ran a story...

CBS News' 60 Minutes has done a follow-up piece on the UBS/Swiss Banking saga. It aired last Sunday evening. Check out the segment below:

Richard Murphy points out the genius of today's Dilbert cartoon. It speaks for itself:

The FT has reported:

Organised criminals in the UK are becoming increasingly involved in financial frauds including insider share dealing that they see as lucrative and low risk, investigators have warned. The trend – for 15 years a concern of US securities market regulators – is only now being explored in Britain where authorities are facing criticism for failing to co-ordinate on tackling financial crime. Paul Evans, Soca’s (Serious Organised Crime Agency) director of intervention, said those people targeted by his agency – which covers areas such as drugs, people trafficking and extortion –...