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International Investment Names Isle of Man "Best International Financial Centre" 15 May 2008

The Isle of Man has won the ‘Best International Financial Centre’ Award at the 9th annual International Investment Fund & Product Awards 2008. The Isle of Man Treasury Minister, Hon. Allan Bell MHK was presented with the Award at a dinner for international finance professionals in London on 13 May 2008.

Of the 14 industry awards presented during the evening, Isle of Man-based companies were winners in ten categories. In eight awards, a further nine Isle of Man-based companies were highly commended from those shortlisted.

This is the 7th time the Isle of Man has won the ‘Best International Finance Centre’ category at the annual International Investment awards, adjudicated by an independent panel of life and investment experts.

The judges cited the Isle of Man’s transparent and flexible regulation as a key factor in their awarding the Isle of Man ‘Best International Finance Centre’.

The Isle of Man Treasury Minister, Hon. Allan Bell MHK, said:

"This prestigious and highly contested Award clearly recognises the Isle of Man’s position as the world’s leading international finance centre. The strength of our financial services industry is clear from the number of awards presented to Isle of Man-based life and investment companies – the most achieved by any jurisdiction”.

Director of Isle of Man Finance, John Spellman commented:

“These Awards are a clear indication of the service and production innovation that the Isle of Man finance industry continues to offer international advisers and their clients, backed by the assurance of the Island’s premier position as a well regulated, flexible and transparent finance centre”.

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