On 21 September, the Isle of Man published a report on progress which has been made in relation to tackling money laundering and combatting the financing of terrorism, following recommendations made by MOEYVAL after an evaluation undertaken in 2016. It claims that more than £24 million has been recovered since January 2019 – including confiscations in respect of domestic offences; with £17,904,384 identified as being the proceeds of crime and recovered from a local financial institution in partial satisfaction of the foreign confiscation order.
