Hashtag: #ParadisePapers

Column: Paradise Papers, The Rest Of The Story

Column: Paradise Papers, The Rest Of The Story

[Opinion column written by Ross Webber] Amid the hype of this month’s “Paradise Papers,” some key ingredients have gone missing—the rest of the story. The insidious campaign, waged by the International Consortium of Journalists [ICIJ] using data from an illegal hack of Appleby, is well-choreographed and evidently well-funded. Proponents of... Read more of this article

Other Nations Called To Meet ‘Bermuda Standard’

Other Nations Called To Meet ‘Bermuda Standard’

Saying they note “continuing reporting on matters arising from an illegal, multi-territory cyber breach of an international offshore legal services firm, including its office in Bermuda,” the Bermuda Government said they have “mutual tax treaties that represent agreements with over 100 countries,” and called on G20 and OECD members... Read more of this article

BDA & Industry Respond To Paradise Papers

BDA & Industry Respond To Paradise Papers

“Reportage about hacked data from global law firm Appleby has highlighted the substantial lack of media understanding of offshore investment structures and Bermuda’s long-time reputation for tax transparency and cooperation with international authorities,” the Bermuda Business Development Agency said. “Bermuda is committed to the... Read more of this article

Premier David Burt On Paradise Papers

Premier David Burt On Paradise Papers

“Bermuda’s reputation will survive this latest series of events” and the island’s “leadership as a cooperative jurisdiction for tax transparency, inclusive of our over 70 year old central registry on beneficial ownership is a key reason why the attacks being made on Bermuda in relation to the Paradise Papers are untrue.” These... Read more of this article

ICIJ Report MP Dunkley’s Comments On Appleby

ICIJ Report MP Dunkley’s Comments On Appleby

The International Consortium of Investigative Journalists [ICIJ] reported on former Premier Michael Dunkley’s comments saying that Appleby may “not be a viable entity going forward,” posting his comments on their website and in their email newsletter. In reporting on various reactions to the Paradise Papers from around the world, the... Read more of this article

Sanders Calls For U.S. Congress To Investigate

Sanders Calls For U.S. Congress To Investigate

Following the release of the Paradise Papers, former Democratic Presidential candidate Senator Bernie Sanders has written a letter calling on the U.S. Congress to conduct an investigation. Senator Sanders, a self described democratic socialist who is the longest serving independent member of Congress in American history, wrote to Republican Senator... Read more of this article

One Hour Video: BBC ‘Paradise Papers’ Special

One Hour Video: BBC ‘Paradise Papers’ Special

The special edition of BBC Panorama has been posted on Youtube, showing the broadcast of one of the main media partners in the widely reported Paradise Papers. Bermuda is, to say the least, in the news worldwide, as the Paradise Papers have been extremely widely reported, with an initial check of online media reports and usage of the hashtag on social... Read more of this article

‘We Will Be Aggressive In Defending Reputation’

‘We Will Be Aggressive In Defending Reputation’

“We will be aggressive in defending our reputation as we have nothing to hide,” Premier David Burt said following the release of the Paradise Papers, with the Premier adding that Bermuda is an “open, transparent jurisdiction” with a “vigorous regulatory framework.” Speaking at a press conference yesterday, Premier... Read more of this article

Appleby Responds To ‘Paradise Papers’ Release

Appleby Responds To ‘Paradise Papers’ Release

Appleby — who is the subject of headline news around the world following the release of the ‘Paradise Papers’ — has released a new statement, calling the matter a “patchwork quilt of unrelated allegations with a clear political agenda and movement against offshore.” Paradise Papers Released At approximately 2.00pm... Read more of this article

Live Updates: ICIJ Release “Paradise Papers”

Live Updates: ICIJ Release “Paradise Papers”

[Updating] The International Consortium of Investigative Journalists [ICIJ] just released reports and documents they bill the “Paradise Papers,” which they said “include nearly 7 million loan agreements, financial statements, emails, trust deeds and other paperwork over nearly 50 years from inside Appleby, a prestigious offshore law... Read more of this article

Appleby: ‘Not Leak, An Illegal Computer Hack’

Appleby: ‘Not Leak, An Illegal Computer Hack’

[Updated] Following the Leader of the Opposition’s comments in UK Parliament, Appleby said they “wish to make it clear that our firm was not the subject of a leak but of an illegal computer hack,” and also added that they are a “global organisation” and it “is not factually correct to state that Appleby has its headquarters... Read more of this article

Govt Responds To UK Labour Leader’s Statement

Govt Responds To UK Labour Leader’s Statement

The Bermuda Government said they note the statement today by Labour Leader Jeremy Corbyn in UK Parliament, which the Government said was “misinformed,” noting that Appleby Global “is not Bermuda based,” and also stating that “Bermuda was recently confirmed by the French Government as a ‘whitelisted’ jurisdiction... Read more of this article

Isle Of Man Respond To VAT Allegations

Isle Of Man Respond To VAT Allegations

The Isle of Man Government has asked HM Treasury to conduct an assessment of the practice for the importation of business jets due to “allegations of abusive VAT avoidance made by media associated with the International Consortium of Investigative Journalists [ICIJ].” Appleby Law Firm Confirm ‘Data Security Incident’ This follows... Read more of this article