The Chief Minister has dismissed some of the comments in the UK press after the UK FATCA agreement as " nonsense."
The agreement will mean the Island will adopt tax exchange information with the United Kingdom.
The Times newspaper described people who had invested in the Isle of Man as " spluttering in their cornflakes" when they heard the news:
Mr Bell says that is far from the true picture:

Researching your Manx family history can be a very interesting and rewarding hobby. Trace your roots in the Isle of Man with our helpful of guide.