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IOM Wins Prestigious Award,
by Jason Gorringe, Tax-News.com, London
Wednesday, May 20, 2009
The Isle of Man has won the prestigious International Investment Award for
‘Best International Finance Centre’ for the eighth time out of nine.
Isle of Man companies fared equally well in picking up eight other awards.
Announcing the awards, host Steve Evans said “that in the judges’
opinion the winning centre had clearly identified the challenges that it faces
and developed clear strategies to deal with these.”
Other Isle of Man winners included AXA IOM (1 award), Fairbairn Private Bank
(1 award), Royal Skandia International (3 awards), Standard Bank (1 award),
and Zurich International (2 awards).
Treasury Minister, Allan Bell MHK said:
“We were delighted to receive the Best International Finance Centre Award
again, especially as the judges understood the difficulties that all the economies
have been going through during 2008, the period for the award, and they clearly
saw that the Isle of Man had risen to these challenges in a professional and
intelligent way”.
“It is clear that the Isle of Man submission was recognised for how it
articulated the way forward and was judged on the strengths of the Isle of Man
economy, our finance industry and our management of the various challenges arising
from the global financial crisis during 2008”.
“I am particularly pleased that the awards also reflect the success of
our Isle of Man institutions and recognise their commitment to providing clients
with expert services and products. All in all the awards are a further endorsement
of the quality of the Isle of Man’s financial services industry and further
enhance our reputation as a centre of excellence”.
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