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USA, Canada, Mexico To Host 2026 World Cup

USA, Canada, Mexico To Host 2026 World Cup

The Confederation of North, Central America and Caribbean Association Football [Concacaf] has welcomed today’s announcement by FIFA that the 2026 World Cup will be co-hosted by USA, Canada and Mexico Concacaf said, “We are very excited and humbled that the FIFA Member Associations have entrusted the Concacaf region with the honor of hosting... Read more of this article

Richards Points Out ‘Inherent Inconsistency’

Richards Points Out ‘Inherent Inconsistency’

While speaking at the recent Offshore Alert conference, former Finance Minister Bob Richards pointed out the “inherent inconsistency” that the ICIJ’s positioned itself as the “arbiter of the privacy rights” of the people in the Paradise Papers, but at the same time protected the privacy of the source who obtained the documents. This... Read more of this article

May ‘Deeply Regrets’ Laws Being Introduced

May ‘Deeply Regrets’ Laws Being Introduced

“Theresa May has said that she ‘deeply regrets’ Britain’s historical legacy of anti-gay laws across the Commonwealth as its 53 leaders gathered in London for their annual summit,” the Guardian has reported. “The prime minister urged the Commonwealth nations to overhaul outdated, colonial-era legislation that treats more... Read more of this article

$144 Billion In Insured Losses Worldwide In 2017

$144 Billion In Insured Losses Worldwide In 2017

The insured losses from natural and man-made disasters worldwide in 2017 were $144 billion – the highest ever recorded in a single year. This is according to Swiss Re which said, “At USD 144 billion, the insured losses from natural and man-made disasters worldwide in 2017 were the highest ever recorded in a single year. “The main... Read more of this article

Grundy Case To Take Place In Open Court

Grundy Case To Take Place In Open Court

The widow of TV pioneer Reg Grundy, who created Neighbours, Wheel of Fortune and Sons and Daughters, has failed in a bid to have a dispute about her husband’s will heard under a suppression order. In May 2016 the iconic Australian television producer passed away at the age of 92, leaving his $715 million fortune, including his property in Bermuda,... Read more of this article

Celebrity: ‘First SSM On Major Cruise Line’

Celebrity: ‘First SSM On Major Cruise Line’

During a ceremony hosted on board the Celebrity Equinox cruise ship, Francisco Vargas and Benjamin Gray “became the first same-sex couple ever to be legally married at sea on a major cruise line,” according to Celebrity Cruises. The grooms were joined by their immediate family for a ceremony officiated by Captain Dimitrios Manetas.“Words... Read more of this article

Bermuda Ranked 36th In Financial Secrecy Index

Bermuda Ranked 36th In Financial Secrecy Index

Bermuda is ranked 36th in the 2018 Financial Secrecy Index, which was recently released by the UK-based Tax Justice Network, who stated that some of the world’s “important providers of financial secrecy” are “mostly not small, palm-fringed islands as many suppose, but some of the world’s biggest and wealthiest countries.” The... Read more of this article

Video: British MPs Discuss UN & Decolonization

Video: British MPs Discuss UN & Decolonization

The United Nations Committee on Decolonization was discussed during a recent meeting of the British Foreign Affairs Committee, with questions raised as to what is being done to remove the ten British Overseas Territories — including Bermuda — from the list of “Non-Self-Governing Territories.” While the subject of the House of... Read more of this article

Bloomberg: ‘Shut Down Havens, Steal Business’

Bloomberg: ‘Shut Down Havens, Steal Business’

“The U.S. is becoming one of the world’s best places to hide money,” according to a column by the Bloomberg View editorial board, which said that ”traditional havens as Bermuda and the Cayman Islands are complying”, adding that “from a certain perspective, all this might look pretty smart: Shut down foreign tax havens... Read more of this article

Bermuda One Of Top 10 Searched Destinations

Bermuda One Of Top 10 Searched Destinations

Bermuda is one of the top ten most searched destinations in the world for 2017 on Google, according to a report from Travel and Leisure. The story said, “How many of the top 10 have you been to? Many travelers might assume that everyone’s bucket list includes Paris, New York City, and other famous tourist spots. However, the destinations that... Read more of this article

Appleby Legal Action Over ‘Paradise Papers’

Appleby Legal Action Over ‘Paradise Papers’

Law firm Appleby is “taking legal action” against the BBC and the Guardian following their reporting of documents in the “Paradise Papers” matter, according to a reports from the the Guardian and the BBC. The Guardian story said, “In legal correspondence, Appleby has also demanded that the Guardian and the BBC disclose... Read more of this article

Legal Battle Over Reg Grundy’s $715M Fortune

Legal Battle Over Reg Grundy’s $715M Fortune

In May 2016 the iconic Australian television producer Reg Grundy passed away at the age of 92 ,leaving his $715 million fortune to his wife, with a legal battle now brewing over his estate, including his property in Bermuda. Reg Grundy’s daughter, Viola La Valette, from his first, short-lived marriage to Lola Powell, recently emerged to challenge... 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