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‘Positive’ meeting with Lord Chancellor 14 November 2008

CHIEF Minister Tony Brown MHK says his meeting with Lord Chancellor Jack Straw to discuss relations between the Isle of Man and the United Kingdom was positive and reassuring.

The meeting, held in London yesterday (Thursday November 13, 2008), was requested by Mr Brown following recent public comments by the Chancellor of the Exchequer, Alistair Darling, suggesting that the relationship should be reviewed.

The Chief Minister said:

‘Our meeting with the Lord Chancellor was most positive. I am pleased that we have received assurances that the United Kingdom has no plans to examine the constitutional relationship between us – a relationship which remains robust and is clearly defined by a framework signed between our two governments in 2007.
‘As well, we had helpful discussions regarding the Kaupthing Singer Friedlander Bank situation.’

The Chief Minister added:

‘The United Kingdom Government recognises that the Isle of Man has been a leading proponent in efforts to bring greater transparency and fairness to cross-border financial transactions by signing Tax Information Exchange Agreements, TIEAs. This was recognised by the OECD when the Isle of Man signed its TIEA with the UK last month.’

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