'The Isle of Man's economy remains in good shape despite hard buffeting from the turmoil in the international markets.

Chief Minister Tony Brown used the first Isle of Man dinner for business hosted at the City of London’s iconic Mansion House to reaffirm the Island’s economic strengths in these current turbulent financial times.

Trusts are no longer simple vehicles whereby the Trustee holds trust property for a beneficiary in order that the family wealth may be preserved for future generations.

The Isle of Man has a long history of maritime structuring, and Superyacht planning in particular. In recent times, there has been a growing trend in the use of Isle of Man Corporate vehicles for the ownership of Non-EU clients' Superyachts.

The Isle of Man’s continuing high level of compliance with global standards of financial sector egulation and supervision - including international co-operation and the combating of money laundering - has been confirmed by the International Monetary Fund