Chief Minister Tony Brown says the Isle of Man needs to "keep doing what it's doing" as the net continues to close in around offshore tax havens.
He was speaking after Prime Minister Gordon Brown used a keynote speech in America to warn about the dangers of protectionism and how the global financial system should be regulated.
The Chief Minister insists the Island has to continue promoting its own message, regardless of what happens elsewhere.
He told Manx Radio:
"What we are, what we do, and how we comply our standards, that in banking terms and taxation terms we are cooperative, we don't support tax evasion, we don't support tax secrecy, in fact we've never had banking secrecy laws in the Isle of Man.
"From that point of view we can continue to push that message out very firmly to the countries involved, as the treasury minister did only recently when he signed the tax exchange agreement with the German government.
"These things are moving all the time, we are a very small nation and we have to continually bash away at the bigger countries to get them to realise that the Isle of Man has been very proactive in this way.
"We've been very cooperative with the Organisation for Economic Cooperation and Development, we've been leading the way and we continue to do that."
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