Government may review relationship with Isle of Man

Posted 23/11/2008 - 15:53 by sami

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2008-11-23 (All day)

Not completely bad news...

"I'm obviously very concerned about this. The Isle of Man is not within our jurisdiction for regulation," Brown said in an interview with the BBC when asked about the plight of investors worried about their savings there.

"This is now a matter that the international authorities are dealing with. We are talking to the International Monetary Fund ... about the repayment of debts that these banks have entered into," he said.