HAMILTON, Bermuda, CMC - British Prime Minister David Cameron has put pressure on Bermuda and other British Overseas Territories (OTs) to "take the lead" on tax information exchange and beneficial ownership. Cameron on Monday wrote to Bermuda, along with the rest of Britain's OTs and Crown depen...

GEORGE TOWN, Cayman Islands, CMC – Voters in this Caribbean island-nation go to the polls Wednesday to vote for a new government in a general election in which there are no clear-cut favourites. Two major parties, the People’s Progressive Movement (PPM) - which has branded itself as “The Progressiv...

HAMILTON, Bermuda, CMC - International ratings agency Moody's Investors Services has downgraded Bermuda's rating by another notch, reiterating its concerns about government's mounting debt and lack of an economic recovery. Moody's lowered Bermuda to Aa3, three notches below the top triple-A level ...

HAMILTON, Bermuda, CMC – Bermuda says it will sign an inter-governmental agreement (IGA) with the United States and Britain saying the decision will further cement the British Overseas Territory as a reputable jurisdiction for conducting business in a transparent manner. Finance Minister E.T. ...

PROVIDENCIALES, Turks and Caicos Islands, CMC - The Turks and Caicos Islands (TCI) says it wants to work better with Haitian authorities to prevent the flow of illegal migrants into the British Overseas Territory. Governor Ric Todd has held talks with the TCI-based Haitian Consul General, Karlo Pell...

HAMILTON, Bermuda, CMC - Tourism officials and hoteliers have hailed road shows to attract more visitors from the United Kingdom -- which currently provides just 10 per cent of Bermuda's air arrivals -- as a success. Last week's promotional activities in London, Birmingham and Manchester als...

GRAND TURK, Turk and Caicos Islands, CMC – The head investigator in a British Government’s probe of corruption in the Turks and Caicos Islands says former Premier Michael Misick will stand trial. Helen Garlick of the Turks and Caicos Special Investigation and Prosecution Team, said Misi...

GRAND TURK, Turks and Caicos, CMC – Over 160 Haitians will be repatriated after their boat was intercepted off the coast of the British Overseas territory on Monday. Turks and Caicos Minister for Border Control and Labor, R.D. Gardiner, said “The Government of the Turks and Caicos Island...

PORT OF SPAIN, Trinidad, CMC – The Turks and Caicos Islands is still considering political independence from Britain, Premier Dr. Rufus Ewing has said. Ewing told the Caribbean Media Corporation (CMC) that “independence remains a major issue” three years after Britain suspended the...

UNITED KINGDON—Two Caribbean countries were among the offshore havens used by more than 175,000 UK-registered companies with directors giving addresses in those jurisdictions, the UK Guardian reported yesterday. This raises fresh concerns about the scale of Britain’s involvement in offsh...