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Column: How Should Bermuda Handle Brexit?

Column: How Should Bermuda Handle Brexit?

[Opinion column written by Gregory Francis] Being There for Brexit Bermuda’s Premier is in the dark about Brexit. So is the UK PM in many respects. But the challenge that Premier Dunkley faces, like all past heads of government, is how to stay informed so that events in London don’t take you by surprise. As Bermuda decides just what it wants from... Read more of this article

Premier: Govt Has Held Discussions With UK

Premier: Govt Has Held Discussions With UK

Speaking today in the House of Assembly today [July 15] Premier Michael Dunkley provided an update on the Government’s engagement regarding the UK’s withdrawal from the European Union, saying that “in consideration of the potential impact of the UK decision on Bermuda, the Government has held discussions with officials within the UK Government... Read more of this article

Premier Congratulates New British Prime Minister

Premier Congratulates New British Prime Minister

Premier Michael Dunkley joined world leaders in extending congratulations to newly appointed British Prime Minister Theresa May, sending formal correspondence to the Prime Minister earlier today [July 14] expressing well wishes on behalf of Bermuda. In an excerpt from the letter, Premier Dunkley wrote, “Congratulations on your recent appointment as... Read more of this article

‘Involve Leadership Of OTs In Exit Discussions’

‘Involve Leadership Of OTs In Exit Discussions’

Opposition MP Walton Brown moved a motion in the House of Assembly yesterday which calls on the United Kingdom government to “actively involve the leadership of the UK Overseas Territories in the exit discussions so that the interests of the Overseas Territories can be fully represented and advanced.” The UK referendum on June 23rd saw the... Read more of this article

Theresa May Becomes Britain’s Prime Minister

Theresa May Becomes Britain’s Prime Minister

Theresa May was formally named Britain’s Prime Minister today, with the new Prime Minister speaking outside No 10 Downing Street, promising to “fight ‘burning injustice’ in British society, govern for the poor and marginalised, and create a union ‘between all of our citizens’.” The speech was given after Ms.... Read more of this article

Theresa May Set To Become UK Prime Minister

Theresa May Set To Become UK Prime Minister

Home Secretary Theresa May is set to become the United Kingdom’s next Prime Minister following the news that Andrea Leadsom has pulled out of the race to become leader of the Conservative Party. While the timing of the handover from David Cameron — who announced his resignation following the Brexit vote — to Mrs. May is unknown, it... Read more of this article

OTs ‘Made Clear’ They Hoped UK Would Remain

OTs ‘Made Clear’ They Hoped UK Would Remain

The Overseas Territories “all made clear that they hoped we would remain part of the European Union,” Baroness Hooper said yesterday [July 5] in the House of Lords during the Motion to Take Note of the outcome of the referendum. The UK referendum on June 23rd saw the British vote — by 51.9% — to leave the European Union. Baroness Hooper,... Read more of this article

UK Will “Consult” With Territories About Brexit

UK Will “Consult” With Territories About Brexit

Speaking in UK Parliament yesterday, Prime Minister David Cameron said they must ensure that the interests of all parts of the UK are protected, so as they prepare to negotiate with the European Union they will consult various jurisdictions including the Overseas Territories. The UK referendum on June 23rd saw the British vote — by 51.9% — to sever... Read more of this article

AM Best: Brexit Could Impact On Insurers Results

AM Best: Brexit Could Impact On Insurers Results

According to A.M. Best, the financial market volatility from Brexit “could have a material impact on insurers’ half-year results and balance sheets.” The UK referendum saw the British vote — by 51.9% — to sever the country’s membership in the European Union, with Britain set to be the first country to leave the EU since its formation.A... Read more of this article

Bermuda Signatures Listed On UK Brexit Petition

Bermuda Signatures Listed On UK Brexit Petition

According to the statistics associated with the petition, as of this writing over 200 people who listed their location as Bermuda have signed the petition on the UK Parliament website calling for a second referendum on EU membership. The petition — which has over 2.6 million signatures overall — says, “We the undersigned call upon... Read more of this article

Walter Roban: Brexit’s Implications For Bermuda

Walter Roban: Brexit’s Implications For Bermuda

“It is important that Bermuda’s future interest is not at risk and does not fall victim to any negative consequences the exit of the UK from the European Union may bring,” Shadow Minister of Home Affairs Walter Roban said. The historic UK referendum saw the British vote — by 51.9% — to sever the country’s membership in the... Read more of this article

Business Leaders On Impact Of UK Leaving EU

Business Leaders On Impact Of UK Leaving EU

[Updated] The Association of Bermuda Insurers and Reinsurers and Bermuda Business Development Agency have both commented on the British voters decision to leave the European Union, with the referendum seeing 51.9% of voters backing an exit vote, while 48.1% voted to stay. ABIR said that Bermuda’s Solvency II equivalence finding by the European Union... Read more of this article

Premier On UK Vote To Leave European Union

Premier On UK Vote To Leave European Union

Next month Overseas Territories leaders will be meeting ahead of the annual Joint Ministerial Council in London and a “priority on our agenda is to discuss the impact on Territories of a British exit from the EU,” Premier Michael Dunkley said in the House of Assembly today [June 24] The Premier said, “Yesterday the people of Great... Read more of this article