Hashtag: #Europe

FCO: Preparing OTs For Possible No Deal Brexit

FCO: Preparing OTs For Possible No Deal Brexit

The FCO has been working “to seek to ensure that the UK Government and the Overseas Territories themselves are as prepared as possible for the event that the UK leaves the EU without a deal and that, wherever possible, impacts on Overseas Territories are minimised.” This statement was made by the UK Foreign and Commonwealth Office  earlier... Read more of this article

MP Dunkley: Questions About Brussels Office

MP Dunkley: Questions About Brussels Office

[Updated] “Government has seen fit to cut the ribbon and open the office without appropriate details that are important for the public to know,” Michael Dunkley said following the opening of the overseas office in Brussels. His comments follow after Premier David Burt officially opened Bermuda’s new Overseas Office in Brussels, and announced... Read more of this article

Renee Webb To Serve In New Brussels Office

Renee Webb To Serve In New Brussels Office

[Updated] Premier David Burt officially opened Bermuda’s new Overseas Office in Brussels, and announced that former Cabinet Minister Renee Webb will serve as the Brussels representative. The Premier welcomed the guests and said: “We are excited to be here in the heart of the European Union to deepen the relationships between the Government of Bermuda,... Read more of this article

UK Parliament Votes Against May’s Brexit Deal

UK Parliament Votes Against May’s Brexit Deal

Prime Minister Theresa May’s Brexit deal has been rejected by 230 votes, which is reportedly the largest defeat for a sitting UK Government in modern history. “MPs voted by 432 votes to 202 to reject the deal, which sets out the terms of Britain’s exit from the EU on 29 March,” the BBC reported. “Labour leader Jeremy Corbyn... Read more of this article

Bermuda On Dutch ‘Low-Tax Jurisdictions’ List

Bermuda On Dutch ‘Low-Tax Jurisdictions’ List

[Updated] Bermuda is one of 21 nations and territories included on a list of low-tax jurisdictions released today by the Netherlands Government in what they said was an aim to “implement new measures to combat tax avoidance,” with the European nation listing jurisdictions that “either have no corporation tax or have a corporation tax... Read more of this article

Bloomberg: EU To Expand Tax Haven Blacklist

Bloomberg: EU To Expand Tax Haven Blacklist

“The European Union plans to update its year-old blacklist of tax havens to include new criteria and an expanded geographic reach—possibly all the way to the U.S,” according to a story in the Bloomberg Tax. The story said, “The bloc has previously threatened that the U.S. could wind up on the blacklist, along with the likes of Guam and Trinidad... Read more of this article

Premier Updates On Meetings In UK & Europe

Premier Updates On Meetings In UK & Europe

Speaking in the House of Assembly today [Dec 7], Premier David Burt provided an update on his meetings in the UK and Europe. The Premier said that the “development of business opportunities for Bermuda in London was the focus of the first 3 days of my trip,” and he also had the “opportunity to host two networking receptions for Bermudians... Read more of this article

Premier Burt Updates On Discussions With EU

Premier Burt Updates On Discussions With EU

Premier David Burt provided an update on the negotiations with the European Union over their concerns about ‘economic substance,’ saying that a “draft Bill and related regulations have been discussed extensively with the EU” and will be tabled in the House during this sitting. Background Last year the Council of the European... Read more of this article

AIG’s Brexit Restructure Approved In UK Court

AIG’s Brexit Restructure Approved In UK Court

American International Group, Inc. [AIG] announced that its European subsidiary, AIG Europe Limited [AEL] has received approval from the High Court of England & Wales to transfer its business into two new entities: American International Group UK Limited [AIG UK] and AIG Europe SA [AESA] in preparation for the UK’s exit from the European Union. This... Read more of this article

Premier Updates Opposition Leader On EU Talks

Premier Updates Opposition Leader On EU Talks

Premier David Burt meet with newly sworn in Opposition Leader Craig Cannonier today [Sept 27] to provide an update on the latest round of discussions with the European Union. Premier Burt tweeted the photos below, saying, “In Parliament I pledged to keep the Opposition informed of developments related to Bermuda’s negotiations with the European... Read more of this article

Premier Burt Concludes Visit To Europe

Premier Burt Concludes Visit To Europe

Premier David Burt is concluding his visit to Europe, which included his visit to Paris for the OECD Blockchain Summit, his attendance at the Eurofi Financial Forum in Vienna, and his visit to Brussels, where he was the guest speaker at ABIR’s 11th Annual International Insurance Regulatory Issues Dialogue. At today’s [Sept 7] ABIR conference the... Read more of this article

ABIR Companies Operate In 20 EU States

ABIR Companies Operate In 20 EU States

Bermuda’s global [re]insurance market has a “growing positive impact on the European Union, with companies providing critical coverage to European policyholders and businesses,” according to a recent study by the Association of Bermuda Insurers & Reinsurers [ABIR]. The group’s 13th Annual Economic Impact Survey, gathering 2017 data... Read more of this article

Haziza Earns France’s National Order of Merit

Haziza Earns France’s National Order of Merit

Mrs. Nicole Haziza, the Honorary Consul of France in Bermuda, has recently received the distinction of France’s National Order of Merit, for her outstanding service to the country. The ceremony was hosted by the Governor at Government House. The ceremony was first introduced by the Governor, who praised Mrs. Haziza’s “valuable contribution to... Read more of this article