The Office of National Statistics estimates that in 2015, there were 2.46 million cyber incidents and 2.11 million victims of cyber crime in the UK.

The three day event in Miami is one of the leading offshore financial crime and investigation conferences in the world.

The Act addresses several recommendations made within the MONEYVAL Mutual Evaluation Report of the Isle of Man, as well as addressing other matters identified by various authorities in relation to anti-money laundering and the effective prosecution of financial crime.