FOTBOT reiterates support for the Overseas Territories in the face of criticism caused by Mossack Fonseca leak
Senior political figures in the UK have announced that the British government should consider imposing direct rule on the British Overseas Territories regarding their tax policies in light of release of the Mossack Fonesca papers.
NEWS FROM THE OVERSEAS TERRITORIESNEWS FROM FOTBOT
Senior political figures in the UK have announced that the British government should consider imposing direct rule on the British Overseas Territories regarding their tax policies in light of release of the Mossack Fonesca papers.
Friends of the British Overseas Territories (FOTBOT) reiterates our support for all UK Overseas Territories to remain self-governing. The current constitutional relationships between Britain and the Overseas Territories has been together with the people of the Overseas Territories and have worked well.
The Overseas Territories have committed to meeting global transparency standards along with the rest of the world and last year, the OECD ranked 6 out of 7 Overseas Territories as being ‘Largely Compliant’ in their overall implementation of global transparency standards (the same overall ranking as the UK, Singapore and Germany). Direct rule from London would be seen as a dramatic step, particularly without any evidence of wrongdoing by the Governments of the Overseas Territories and in light of good reviews by the OECD.
The Overseas Territories are a vital part of the UK community and are home to thousands of dedicated professionals, families and individuals who are proud of their British heritage.
FOTBOT does not wish to criticise any political party, especially during an election period, and note that governments of all parties have enacted many beneficial policies towards the British Overseas Territories.
If you would like more information about this topic, please contact Robert Midgley, Public Relations Manager at FOTBOT at robert.midgley@fotbot.org
Friends of the British Overseas Territories, Registered Charity No 1156763
Friends of the British Overseas Territories is an independent and politically neutral charity. We do not support or endorse any political party or candidate. Only authorised spokespersons may make statements on behalf of the charity, via the charity’s official communications channels. All views otherwise expressed by members or officers should be considered their own.
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You can write to us at: Friends of the British Overseas Territories, Po Box 2635, Ilford, IG1 8UA
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