Hashtag: #Europe

Industry Leaders Welcome EU ‘White List’ Status

Industry Leaders Welcome EU ‘White List’ Status

Bermuda has been returned to the European Union’s [EU] ‘White List’ of fully cooperative tax jurisdictions, a decision which Bermuda’s global industry groups welcomed, with the entities applauding the “efforts of Bermuda’s government in securing a successful result.” The private sector worked collaboratively with government officials,... Read more of this article

EU Council Removes Bermuda From Annex II

EU Council Removes Bermuda From Annex II

[Updated] Sixteen jurisdictions — including Bermuda — have been removed from Annex II of the ‘EU list of non-cooperative jurisdictions for tax purposes,’ while four jurisdictions have been added. Bermuda was removed from the ’EU list of non-cooperative tax jurisdictions’ last year, but had been added to the Annex... Read more of this article

‘I Do Not Expect Brexit To Have Negative Impact’

‘I Do Not Expect Brexit To Have Negative Impact’

“I do not expect Brexit to have a negative impact on this island, certainly in the near future and hopefully beyond,” Governor John Rankin said, citing the fact that Bermuda has no dependence on EU funding, exports very few physical goods to the EU, and has Solvency II Equivalence. The Governor said this as he delivered a speech at the Hamilton... Read more of this article

‘Brexit’ In Effect As Of 7pm Bermuda Time

‘Brexit’ In Effect As Of 7pm Bermuda Time

The United Kingdom will officially leave the European Union as of 7.00pm Bermuda time this evening [Jan 31], beginning a transition period for the nation until a free trade agreement is reached. A BBC story said, “The UK will officially leave the European Union at 23:00 GMT, ending 47 years of membership. “Pro and anti-Brexit demonstrations and... Read more of this article

Brexit Deal Approved By European Parliament

Brexit Deal Approved By European Parliament

Members of the European Parliament voted in favour of the Brexit deal, one of the final steps that had to be taken before the UK leaves the EU this Friday, January 31st. The Withdrawal Agreement was approved by the European Parliament today [Jan 29] by 621 votes in favour, 49 against and 13 abstentions.The BBC reported, ”After the vote, MEPs... Read more of this article

Brexit Bill Clears Final UK Parliamentary Hurdle

Brexit Bill Clears Final UK Parliamentary Hurdle

The legislation which paves the way for the UK to leave the European Union on January 31st has passed the final hurdle in the British Parliament and is now awaiting royal assent. The BBC reported, “The EU [Withdrawal Agreement] Bill, which paves the way for the UK to leave the bloc with a deal on 31 January, is now awaiting royal assent. “Earlier,... Read more of this article

Premier Burt Travels To Europe For Meetings

Premier Burt Travels To Europe For Meetings

Premier David Burt has traveled to Europe for “wide ranging meetings” which are scheduled to take place in the UK, Estonia, and Brussels. A Government spokesperson said, “Premier the Hon. David Burt, JP, MP, this weekend left for Europe for wide-ranging meetings. Many meetings were scheduled as part of the Premier’s previously planned... Read more of this article

Mallorca Hotel To Feature Bermudian Recipes

Mallorca Hotel To Feature Bermudian Recipes

Local author and vegan culinary artist Ilona Perry has collaborated with a four-star vegan hotel in Mallorca to showcase her Bermudian recipes. Located in the largest of Spain’s Balearic Islands, Villa Vegana was recently named as one of the best vegan hotels in Europe by The Guardian newspaper. Villa Vegana’s restaurant serves up a diverse... Read more of this article

UK And EU Reach Tentative Brexit Deal

UK And EU Reach Tentative Brexit Deal

A new Brexit deal has reportedly been agreed to between the United Kingdom and European Union during a meeting of negotiating teams in Brussels. A BBC story said, “Prime Minister Boris Johnson tweeted: “We’ve got a great new deal that takes back control.” “The two sides have been working on the legal text of a deal, but... Read more of this article

Post-Brexit Working Group To Be Formed

Post-Brexit Working Group To Be Formed

As part of Bermuda’s ongoing preparation, a Post-Brexit Working Group will be formed to “consider and address” any issues required to prepare Bermuda, Premier David Burt said in the House of Assembly today [July 26]. “Now that the leadership process in the UK has been completed and the new Prime Minister had signaled a clear intention... Read more of this article

Irish Fans Celebrate Leverock’s Historic Goal

Irish Fans Celebrate Leverock’s Historic Goal

As Bermudians celebrated Dante Leverock’s goal in the Gold Cup, we were joined by football enthusiasts thousands of miles away as some Irish fans showcased their excitement on social media, while the Irish media quickly reported on the historic goal. Leverock — who serves as the captain of the Bermuda national team — plays professionally... Read more of this article

Bermudian Aboard Cruise Ship During Tragedy

Bermudian Aboard Cruise Ship During Tragedy

Bermudian Dr. Kyjuan Brown planned to enjoy a cruise in Europe on the Norwegian Epic, however tragedy struck when a fellow passenger went overboard, with the Coast Guard and the ship’s passengers – including Dr. Brown – taking part in a search that sadly proved to be unsuccessful. When the woman was first reported missing, the ship’s... Read more of this article

Kempe On EU Removing Island From Tax List

Kempe On EU Removing Island From Tax List

“Bermuda has consistently demonstrated its commitment to combating money laundering and terrorist financing, therefore it was regrettable that a ‘minor technical omission’ led to a major fail,” Shadow Finance Minister Nick Kempe said. Senator Kempe said, “In addition to the potential reputational damage and inhibition... Read more of this article