Money laundering code discussed

Traders on the Isle of Man are being invited to a seminar aimed at helping them comply with new anti-money laundering legislation.

Businesses that accept cash payments worth 15,000 euros now have to keep records for a minimum of five years and identify the customer.

The Criminal Justice Money Laundering Code was recently passed by Tynwald.

The free seminar is being staged at the Manx Museum lecture theatre in Douglas on Tuesday morning.