Hashtag: #BeneficialOwnershipRegister
Finance Minister Updates On His Visit To The UK
The UK Government “told the world” that they would ensure that the UK and its Territories would create a publicly accessible central register of Beneficial Owners of companies, which was done without prior consultation with the Territories, Minister of Finance Bob Richards said today [Dec 5] in the House of Assembly The Minister was speaking... Read more of this article
Opposition In ‘Full Support Of Minister’s Position’
The Opposition is in “full support” of the position Finance Minister Bob Richards has taken in regards to the UK’s request pertaining to a beneficial ownership public registry, Opposition Leader Marc Bean said in the House of Assembly yesterday [Nov 29]. In 2013, the G7 — which consists of Canada, France, Germany, Italy, Japan,... Read more of this article
Finance Minister On Beneficial Ownership Plan
In the House of Assembly today [Nov 28], Minister of Finance Bob Richards provided an update on Bermuda’s G8 Beneficial Ownership Action Plan, saying that “there is overwhelming support for Bermuda’s present disclosure regime” and that Bermuda should not move to the new model of regulation until its adoption by Canada, the UK and USA. Minister... Read more of this article
Report: Bermuda “Refuses” Cameron Request
“David Cameron’s campaign to destroy the ‘cloak of secrecy’ around the ownership of offshore companies has been snubbed by the richest and most important of the UK’s overseas territories,” a report from the UK’s Independent claims. Their report said, “Bermuda boasts of being the ‘risk capital of the world’... Read more of this article
Premier: “Governor Made Aware Of Discontent”
Premier Craig Cannonier said that British Prime Minister David Cameron’s comments that the Overseas Territories signed up to a convention “concerned” him, and the Governor has been made aware of “our discontent.” The Premier was answering questions in the House of Assembly today [June 21] about conflicting reports following... Read more of this article
Report: ‘Territories Won’t Sign Deal Before G8′
[Updated] “Britain’s overseas territories will not sign up to an international convention aimed at tackling tax evasion ahead of the G8 summit next week,” according to a report from the Reuters news agency. The report said, “Premier Craig Cannonier said the Territories were ready to agree that wider sharing of information with... Read more of this article
