Hashtag: #Europe

Premier Burt Updates On European Council List

Premier Burt Updates On European Council List

“Bermuda’s commitment letter was sufficiently clear and we therefore were not entered on the list of non-cooperative jurisdictions by the European Council,” Premier and Minister of Finance David Burt said in the House of Assembly today [June 8]. In providing an update on the dialogue with the EU, Premier Burt said, ”Subsequent... Read more of this article

EU Release Bermuda’s ‘Commitment Letter’

EU Release Bermuda’s ‘Commitment Letter’

The Council of the European Union has released “commitment letters” from a number of jurisdictions, including Bermuda, with the letter noting Bermuda’s “long standing and constructive relationship with the EU” and committing to address the concerns about “defacto lack of substance for entities doing business in or... Read more of this article

Trip To Switzerland For WEF Forum Cost $7,156

Trip To Switzerland For WEF Forum Cost $7,156

A trip in January 2018 by Premier and Minister of Finance David Burt to Switzerland for a series of meetings coinciding with the 48th World Economic Forum Annual Meeting cost $7,156.29, according to a recent listing on the Government’s travel webpage. The trip duration was listed as from January 21, 2018 – January 26, 2018, and the web page listing... Read more of this article

Column: British Nationals, EU Citizenship, Brexit

Column: British Nationals, EU Citizenship, Brexit

[Opinion column written by Adrienne Yong] British citizens living across Europe are waiting to see if an upcoming ruling by the Court of Justice of the EU [CJEU] could give them a bit more certainty about their rights after Brexit. A Dutch court in Amsterdam recently asked the European court for clarification in a case brought by five British nationals,... Read more of this article

Eight Jurisdictions Removed From EU Blacklist

Eight Jurisdictions Removed From EU Blacklist

Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and the United Arab Emirates have been removed from the European Union’s list of non-cooperative jurisdictions for tax purposes. The European Council said, “Eight jurisdictions have been removed from the EU’s list of non-cooperative jurisdictions for tax purposes,... Read more of this article

Report: EU To Target Territories In Brexit Talks

Report: EU To Target Territories In Brexit Talks

Demands to open up Britain’s “network of overseas tax havens are set to be used by the EU as leverage to force concessions during Brexit trade talks,” according to a report from the Independent, which stated that “as things stand it looks like Bermuda will be given a clean bill of health by the EU.” The story said, “Demands... Read more of this article

Video: Premier Burt On Relationship With EU

Video: Premier Burt On Relationship With EU

Bermuda is one of the leading countries in adopting country by country reporting for multi-national enterprises, and we will continue to cooperate with the European Union who is an “important partner for Bermuda,” Premier and Finance Minister David Burt said. These were some of the comments from Premier Burt when he sat down with Bernews... Read more of this article

Premier Burt On European Council Conclusions

Premier Burt On European Council Conclusions

Following the ECOFIN meeting in Brussels, Finance Ministers of European Member States “reaffirmed Bermuda’s status as a cooperative tax jurisdiction, “Premier David Burt said. Speaking in the House of Assembly today [Dec 8], the Premier, who also serves as Minister of Finance, said, “As I have said time and time again, Bermuda is... Read more of this article

‘EU Decision Demonstrates Bermuda’s Position’

‘EU Decision Demonstrates Bermuda’s Position’

[Updated] The Government of Bermuda said they note that the Economic and Financial Affairs Council [ECOFIN] has “reaffirmed Bermuda’s status as a cooperative tax jurisdiction.” Premier David Burt said, “Once again the EU has recognized Bermuda’s status as a cooperative jurisdiction, despite the interest surrounding a hack on a global... Read more of this article

Premier Travels To UK & Europe For Meetings

Premier Travels To UK & Europe For Meetings

Premier and Minister of Finance David Burt traveled to United Kingdom this weekend, with the Premier set to participate in a series of meetings in London and Europe. “The Premier will attend the annual Joint Ministerial Council [JMC] at the invitation of Lord Ahmad of Wimbledon, the Minister of State for the Commonwealth and the United Nations... Read more of this article

Premier On Meetings In Brussels, Paris, London

Premier On Meetings In Brussels, Paris, London

Speaking in the House of Assembly today [Oct 20], Premier and Minister of Finance David Burt provided an overview of his recent engagement in Brussels, Paris and London. Premier Burt said, “Europe is going through its greatest reform in our lifetime. It is responding to the impact of United Kingdom’s decision to leave the European Union, and... Read more of this article

Premier Burt Continues Meetings In Europe

Premier Burt Continues Meetings In Europe

During his first official visit to Europe, Premier and Finance Minister David Burt had a meeting with OECD Secretary General Angel Gurría in Paris. “The meeting with the Secretary General was wide reaching with the OECD leader offering the Premier information on how the OECD is assisting small countries to address sustainable environments in... Read more of this article

Premier Burt To Attend Meetings In Europe

Premier Burt To Attend Meetings In Europe

Premier and Minister of Finance David Burt is in Europe for meetings in London, Paris and Brussels, saying that “Bermuda has a recognised leadership position in transparency and compliance and our delegation will reinforce that message.” Premier Burt stated, “This week I have a series of meetings in London, Paris and Brussels. “Bermuda... Read more of this article