Hashtag: #EdMiliband
Ed Miliband Resigns After UK Election Loss
UK Labour leader Ed Miliband has stepped down after his party’s disappointing general election showing, multiple UK news outlets are reporting. During his election campaign Mr Miliband had threatened to have Bermuda placed on OECD’s tax haven blacklist if we did not produce a publicly accessible central register of beneficial ownership. Tweet... Read more of this article
Premier Dunkley Responds To Miliband’s Letter
“I was disappointed to learn of Mr. Miliband’s intended letter to Leaders of the Overseas Territories and on February 9th I wrote directly to him to share Bermuda’s position,” Premier Michael Dunkley said today [Feb 13] in the House of Assembly. The Premier’s statement follows after UK Opposition Leader Ed Miliband is reported... Read more of this article
Turks & Caicos Responds To Miliband’s Letter
The Turks and Caicos Islands Government said they “take exception” to UK Opposition Leader Ed Miliband referring to their jurisdiction as a “tax haven”, and added that they wish to align their position with the Overseas Territories that “stand in solidarity on this issue.” The statement from the TCI Government said that,... Read more of this article
Island A Leader On Global Transparency Issues
Bermuda’s well-documented financial services regulation, international partnership treaties, and lack of bank secrecy legislation ought to be recognised by the UK Labour Party, the Bermuda Business Development Agency [BDA] said today. The BDA echoed the Bermuda Government’s weekend response to UK Opposition Leader Ed Miliband following a warning... Read more of this article
Travers: Miliband Is “Hopelessly Out Of Touch”
The chairman of the Cayman Islands Stock Exchange has accused UK Labour Party leader Ed Miliband of being “hopelessly out of touch in relation to international tax avoidance.” Chairman Anthony Travers’ comments follow a letter from Mr Miliband to the leaders of Britain’s Overseas Territories and Crown Dependencies. Mr Miliband’s... Read more of this article
Bermuda Government: Surprised & Disappointed
The Government of Bermuda noted the comments from UK Opposition Leader Ed Miliband, saying they are “surprised and disappointed that the island has been included in the list of referenced territories which lack openness in such areas as ultimate beneficial ownership of companies.” This follows after Mr Miliband sent a letter to Overseas... Read more of this article
UK Labour Leader: ‘Writing To Put You On Notice’
UK Opposition Leader Ed Miliband is reported to have sent a letter to Overseas Territories and Crown Dependencies saying that within 6 months of the election of Labour government, they will be required to produce a publicly accessible central register of beneficial ownership. “If any Overseas Territory or Crown Dependency does not meet this deadline,... Read more of this article
UK Labour Calls For Corporate Tax Reform
Britain’s Labour Party — tapping into mounting public discontent over corporate tax avoidance prompted in part by Google’s use of Ireland and the Netherlands to shift billions of dollars of earnings to Bermuda — wants the UK government to push for new international rules to force companies to report profit and tax payments country-by-country. British... Read more of this article
