Hashtag: #Brexit

Column: Brexit’s Impact On Overseas Territories

Column: Brexit’s Impact On Overseas Territories

[Opinion column written by Paul Hare] When the Brexit referendum result was announced last June, I was working on the Turks and Caicos Islands, one of the UK’s overseas territories in the Caribbean. A collection of about 40 tropical islands, of which eight are inhabited, people there were shocked at the result. They were annoyed they hadn’t had... Read more of this article

XL To Move XLICSE From UK To Ireland

XL To Move XLICSE From UK To Ireland

XL Group announced its plans to move its principal European Union [EU] insurance company, XL Insurance Company SE [XLICSE], from the UK to Ireland in 2018, with the company saying the move is “in response to Brexit.” The announcement comes following a meeting between An Taoiseach, Leo Varadkar and XL Group’s Chief Executive Officer, Mike... Read more of this article

UK MPs Discuss Bermudians Movement In EU

UK MPs Discuss Bermudians Movement In EU

The impact of Brexit on Bermudians freedom of movement in the European Union was recently discussed in UK Parliament, with Parliamentary Under-Secretary of State Robin Walker saying the “post-exit immigration rules that apply to British nationals in the EU will be the subject of negotiations, as will the detail of the future relationship between... Read more of this article

Premier ‘Closely Following’ Brexit Developments

Premier ‘Closely Following’ Brexit Developments

Earlier today [March 29], British Prime Minister Theresa May confirmed that the UK had triggered Article 50 of the Lisbon Treaty – thus beginning a legal process that formally signals Britain leaving the European Union. Premier Michael Dunkley said, “We have been closely following today’s developments in the UK Parliament. The public will be aware... Read more of this article

Brexit: Article 50 To Be Invoked On March 29th

Brexit: Article 50 To Be Invoked On March 29th

The United Kingdom has announced their intention to invoke Article 50 of the Lisbon Treaty on March 29, 2017, which begins the formal process for the UK to leave the European Union. The UK’s Permanent Representative to the European Union Sir Tim Barrow informed the office of European Council President Donald Tusk this morning of the UK’s intention... Read more of this article

Premier Dunkley On Brexit Discussons In London

Premier Dunkley On Brexit Discussons In London

[Updated with video] “My fellow colleagues and I were strong and united in our advocacy for the retention of the free movement of British Overseas Territory Citizens [BOTC] throughout the EU after the UK Exit,” Premier Michael Dunkley said in the House of Assembly today [Feb 10]. The Premier was speaking after his attendance at the Joint... Read more of this article

Premier: ‘Discussions Were Very Constructive’

Premier: ‘Discussions Were Very Constructive’

Yesterday [Feb 7], Premier Michael Dunkley joined fellow Overseas Territories leaders for a full day of meetings at the UK Joint Ministerial Council on European Negotiations [JMC - EN]. “The critical discussions were chaired by the Minister for Exiting the European Union, Robin Walker and Foreign Office Minister Baroness Anelay,” a Government... Read more of this article

Premier Dunkley Attends OT Meetings In London

Premier Dunkley Attends OT Meetings In London

The Cabinet Office provided an update on the travel to London by the Premier Michael Dunkley for the UK Overseas Territories Joint Ministerial Council [UK OT JMC] on European Negotiations. Bermuda was recently elected as Chair of the United Kingdom Overseas Territories Association [UKOTA], and part of Bermuda’s role is to represent OT’s by leading... Read more of this article

UK Release Document Outlining Plans For Brexit

UK Release Document Outlining Plans For Brexit

As the United Kingdom leaves the European Union, the “unique relationships” that the Overseas Territories have with the EU “will also change,” the UK Government said in a White Paper published today [Feb 2]. The day after the UK Parliament voted — 498 votes to 114 — to give Prime Minister Theresa May the power to... Read more of this article

Premier: ‘UK Committed To Involving Territories’

Premier: ‘UK Committed To Involving Territories’

Premier Michael Dunkley provided an update on the Government’s engagement regarding the UK’s withdrawal from the European Union in the House of Assembly today [Nov 21], saying that the UK Government is “committed to involving Overseas Territories” as it “prepares for negotiations to leave the EU. ” The Premier said, “Earlier... Read more of this article

European Negotiations Council To Be Formed

European Negotiations Council To Be Formed

Following the meetings in London involving the UK and heads of British Overseas Territories — including Bermuda —  the Communique has been released, which states that a UK – Overseas Territories Joint Ministerial Council on European Negotiations will be formed. The UK referendum in June of this year saw the British vote — by 51.9% —... Read more of this article

Minister Attends Conservative Conference In UK

Minister Attends Conservative Conference In UK

On behalf of the Premier, Minister of the Environment Cole Simons attended the Conservative Party Conference held from 2-5 October in Birmingham, England, and hosted a breakfast roundtable discussion with Members of Parliament and Conservative think tanks. The Minister’s attendance was facilitated by the Government of Bermuda London Office. Minister... Read more of this article

Garrod: Brexit Could Bring Business To Bermuda

Garrod: Brexit Could Bring Business To Bermuda

Volatility and uncertainty caused by the Brexit vote is likely to lead to new business and jobs in Bermuda, according to one of the Island’s corporate lawyers. Chris Garrod, a Director in the Corporate department of Conyers Dill & Pearman, said Bermuda had laid all the right foundations to benefit from the outcome of Brexit. “My belief is that... Read more of this article