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ISLE OF MAN

GOVERNMENT

PUBLIC’S ‘SAVE’ IDEAS BEING IMPLEMENTED Treasury Minister Alfred Cannan MHK says the huge public response to the SAVE initiative is already contributing to savings and efficiencies across the public sector.

Treasury Minister Alfred Cannan MHK n addition to the headline projects being taken forward by the Isle of Man Government, many other SAVE ideas have been implemented or are currently being assessed. The SAVE programme board has

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reviewed, categorised and responded to all 1,300 suggestions received from members of the public. Every submission and response has been published online, so that people can see which ideas are being progressed and learn about others that may be considered in the future. Many ideas aimed at cutting red tape and bureaucracy, restructuring services, improving digital engagement and reducing the use of agency staff have already been acted upon. Other suggestions that are being progressed include moving public sector pay slips online, improving energy efficiency in Government buildings and reviewing the budgeting process. An update on the SAVE programme was provided at the June sitting of Tynwald, including details of more than £6 million of savings to be achieved through the creation of a Public Defender Scheme, the consolidation of higher education services and the creation

of an integrated transport strategy across the bus and rail networks. Minister Cannan said: “The public response to the SAVE initiative was fantastic, with more than 1,300 suggestions being posted on our online ideas hub. As well as the big-ticket projects, I want to emphasise that dozens of other ideas submitted by members of the public have been implemented by Departments. It has been an extremely positive exercise that is already bearing fruit. This is just the beginning and we will continue to review and implement SAVE ideas in the months ahead.” He added: “I wish to thank everybody who rose to the challenge and sent in a suggestion. It turned out to be one of the biggest public consultation exercises that Government has undertaken. We have looked at every single submission and published our responses online, so that people can clearly see how we are acting on their ideas in order to innovate, streamline and cut waste.”

ISLAND RESPONDS TO UK PARLIAMENTARY INQUIRIES The Isle of Man has reaffirmed its zero-tolerance stance in respect of tax evasion and money laundering in evidence provided to two UK parliamentary inquiries. he written submission highlights the Island’s longstanding track record of compliance with international standards and its continued efforts to combat serious financial crime. Action that has been taken to enhance the Island’s regulatory regime is also outlined in response to the call for evidence in relation to the Treasury Sub-Committee inquiry on tax avoidance and evasion and the Treasury Select Committee inquiry on economic crime. The Isle of Man Government’s submission sets out the work taking place to tackle tax evasion, money laundering, corruption and the financing of terrorism. This includes

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increased investment into the Island’s financial intelligence and enforcement agencies. It also draws attention to the publication of the National Risk Assessment and the Financial Crime Strategy 2017-2020 and reviews by global bodies including the OECD as further evidence of the Island’s robust approach. Chief Minister Howard Quayle MHK said: “The Isle of Man Government is committed to defending and protecting the Island’s status as a responsible member of the global community. We will continue to engage with the UK to help ensure the debate around tax transparency and financial crime

is balanced, based in fact and that that our hard-won reputation remains front and centre. The submission to the UK Treasury Committees articulates our position and our desire to be part of the solution.” He added: “We have repeatedly shown our willingness to meet evolving international standards and to demonstrate that the Island is not a place that welcomes tax avoidance or any form of financial crime. It is essential for the Isle of Man to maintain a strong oversight and regulatory regime so that we can continue to attract legitimate investors with funds and assets that are untainted by criminality.”

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Iom portfolio july 18  

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