Home Topics Brexit

Topic: Brexit

EU threatens tougher vaccine export curbs in dispute with UK, U.S.

The European Union on Wednesday threatened to take tougher measures to curb the export of COVID-19 vaccines, escalating an ongoing row with Britain and the United States over their restrictive handling of vaccine deliveries to the 27-nation bloc.

Mixed Brexit impact on the Overseas Territories

The Cayman Islands has “seen the best and worst” since Brexit with the European Union tax blacklisting of Cayman and strong ongoing support from the UK government during the coronavirus pandemic.

EU tells Johnson to decide as time runs out for Brexit deal

British and European Union negotiators made a last-ditch effort on Monday to bridge stubborn differences standing in the way of a post-Brexit trade deal.

Johnson says prepare for no-trade deal Brexit

Prime Minister Boris Johnson said on Friday it was now time to prepare for a no-trade deal Brexit unless the European Union fundamentally changed cours

EU pushes UK to budge at ‘critical stage’ in Brexit talks

The EU on Tuesday demanded "substantive" movement from Britain on fisheries, dispute settlement and guarantees of fair competition in their post-Brexit trade talks, which Germany said were at a "critical stage".

EU and Britain far apart as key week of Brexit talks begins

The European Union and Britain both said a post-Brexit deal was still some way off and differences persisted on Monday over putting in place their earlier divorce deal as they began a decisive week of talks in Brussels.

Wealthy Britons step up citizenship shopping to thwart Brexit

The number of British entrepreneurs looking to "buy" citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken.

COVID cooperation points to Cayman’s post-Brexit relationship with UK

Andre Ebanks, Cayman’s government representative in the UK, believes the level of cooperation between Cayman and the UK during the COVID pandemic should form the basis for their future relationship.

Opposition: Cayman needs to fight blacklist

Opposition lawmakers expressed concern over reports that European Union ambassadors have recommended the Cayman Islands be blacklisted as a non-cooperative tax jurisdiction.

Premier: Brexit could bring opportunities

Premier Alden McLaughlin has said that, based on assessments, Britain’s exit from the European Union will have little direct impact on the Cayman Islands, but may present an issue for financial services.

Britain makes its exit from EU

Britian leaves the European Union Friday, commencing its 11-month transition from the bloc.

UK’s departure from the European Union

Governor Martyn Roper This is the first in a series of columns Governor Martyn Roper will be contributing to the Cayman Compass. It is three and...

Brexit ballot: UK lawmakers back 12 Dec. election

Britons will be heading out to vote in the dark days of December after the House of Commons on Tuesday backed an early national vote that could break the country's political impasse over Brexit — or turn out to be merely a temporary distraction.

UK’s Johnson seeks 12 Dec. election to break Brexit impasse

Prime Minister Boris Johnson said Thursday that the only way to break Britain's Brexit impasse is a general election, and he will ask Parliament to approve a national poll for 12 Dec.

Brexit could impact environmental funding for Cayman

Grant funding for important environmental projects in the Cayman Islands and other British Overseas Territories may be impacted by Britain’s exit from the European Union.

How long will Boris Johnson’s Brexit optimism last?

British politics has been paralysed for three years by division over whether and how the country should leave the European Union, so it’s tempting to invest hope in a new prime minister who promises that his “spirit of can-do” will end the impasse in little more than three months.

Boris Johnson wins race to become UK’s next prime minister

Brexit hard-liner Boris Johnson, one of Britain’s most famous and divisive politicians, won the race to lead the governing Conservative Party on Tuesday, and will become the next prime minister on Wednesday.

Amid Brexit uncertainty, few fears for Cayman

A ‘no deal’ Brexit would likely have little direct impact on the Cayman Islands, according to the United Kingdom’s representative here, Governor Martyn Roper.
Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

In icing out UK envoy, Trump has found critic he can punish

The newly released descriptions of President Donald Trump’s administration sound like scores of other assessments that have emerged since his inauguration.

UK and overseas territories trade summit kicks off

The first International Trade Summit was launched at the Kimpton Seafire on Thursday, with the aim of building stronger trade ties between the UK and its overseas territories.

El-Erian: UK voters reject the ‘muddled middle’

The loud messages from the European elections were not limited to the UK. Indeed, they could even carry some insights for US politics in the run-up to the November 2020 elections.

Raphael: Boris Johnson gets his chance to fail, too

This time it’s for real. Theresa May did not exactly say when she would leave 10 Downing Street, but on Thursday she promised to name her exit date in early June.

Hunt: Post-Brexit, Britain will continue to shape the world

The 18th-century Scottish poet Robert Burns was perhaps the most gifted wordsmith of his age. Every foreign minister should ponder one of his lines: “Oh, would some Power give us the gift/To see ourselves as others see us!”

May Day: UK Parliament rejects prime minister’s Brexit deal

Britain’s Parliament delivered a crushing defeat to Prime Minister Theresa May’s European Union divorce deal Tuesday, plunging the Brexit process into chaos just 17 days before the U.K. is due to leave the bloc.

UK government pulls Brexit bill debate over beneficial ownership

The United Kingdom government pulled a parliamentary debate on a piece of financial services legislation on Monday after Jersey, Guernsey and the Isle of Man warned against an amendment to the bill that would force the introduction of public beneficial ownership registries in the Crown dependencies.

UK, Overseas Territories attorneys general gather in Cayman

The two-day Overseas Territories Attorneys General Conference 2019 kicked off Tuesday morning, with AGs and other delegates from 13 jurisdictions gathering in Cayman to discuss issues of mutual interest.

The road to Brexit

Today's editorial cartoon.

EDITORIAL – UK and Brexit: An embarrassing spectacle

Pundits say Parliament’s decision to press the issue of the Irish backstop increases the likelihood of the U.K. leaving the EU on the March 29 deadline without any agreement being in place.

UK lawmakers vote for Brexit changes

The European Union says that the current agreement with the U.K. remains the “best and only way” to ensure an orderly Brexit, after British Prime Minister Theresa May vowed to try to overhaul the deal.

What is it?

Today's editorial cartoon.

May barely survives no-confidence vote in parliament

British Prime Minister Theresa May survived a no-confidence vote in Parliament on Wednesday to remain in office – but saw more of her power ebb away as she battled to keep Brexit on track after lawmakers demolished her European Union divorce deal.

UK Parliament overwhelmingly rejects May’s Brexit deal

British lawmakers on Tuesday overwhelmingly rejected Prime Minister Theresa May’s divorce deal with the European Union, plunging the Brexit process into chaos.

EDITORIAL – Tick-tock, tick-tock: The Brexit bomb gets closer

All of this, of course, is (or should be) of great interest to all of us in Cayman. After all, we are in the passenger seat (as are all the British territories) with these ambitious incompetents at the wheel.

Will: Brexit shows the dangers of direct democracy

European unification was conceived in fear – Europeans’ fear of themselves, a residue of wars produced by various atavisms, including unhinged nationalism.

Morici: Britain should quit Europe and unilaterally declare free trade

Britons should read the Declaration of Independence, and get a new prime minister – pronto!

Soft Brexit

Today's editorial cartoon.

May survives vote of no confidence

British Prime Minister Theresa May survived a brush with political mortality Wednesday, winning a no-confidence vote by Conservative lawmakers that would have ended her leadership of party and country.

EDITORIAL – Brexit proposal: EU’s final offer. May’s final stand

No one in the United Kingdom voted for a “soft Brexit,” the inedible concoction comprised of backroom deal-doing and anti-democratic compromise that is now being touted by Mrs. May and her supporters (who are abandoning her in droves).

Mitchell: Theresa May is sabotaging Brexit

Theresa May was not a Brexit supporter. She failed to play some very strong cards and she basically worked to come up with a fake Brexit.

EU seals Brexit deal; May faces hard sell at home

After months of hesitation, stop-and-start negotiations and resignations, Britain and the European Union on Sunday finally sealed an agreement governing the U.K.’s departure from the bloc next year.

Britain, EU decide to take additional time to get Brexit right

Leaders from the European Union and Britain shrugged off a weekend negotiating debacle and previous deadlines Wednesday, giving themselves several more weeks to clinch a friendly divorce deal ahead of their separation.

EDITORIAL – Hurricane Corbyn? Brexit tempest could become a Cat 5 storm

Because of continuing delays over the United Kingdom’s withdrawal from the European Union, U.K. foreign secretary Boris Johnson and Brexit secretary David Davis have conducted an exit of their own – from U.K. Prime Minister Theresa May’s foundering government.

Premier to represent Overseas Territories at Commonwealth summit

Premier Alden McLaughlin will represent the United Kingdom Overseas Territories Association at the upcoming Commonwealth Heads of Government Meeting in London.

EDITORIAL – UK wins ‘war’ against EU … then surrenders

Perhaps half-hearted Brexit officials secretly hope, if they manage to bungle the negotiations sufficiently, that the people of the U.K. will change their minds about leaving the EU.

Cayman leads key UK lobby group

With Brexit looming and more international focus than ever on the offshore financial services sector, Cayman Islands representatives have taken over leadership positions in the British Overseas Territories Association at a key time.

Bargaining chip

Today's editorial cartoon

EDITORIAL – ‘Brexit’ and ‘blacklist’: Cayman stuck between the UK and the EU?

The “real victims” of divorce are often the children. We hope that doesn’t hold true for “colonial children,” including the Cayman Islands, in the context of England’s protracted separation from the European Union, known commonly as “Brexit.”

UK newspaper ties EU blacklist to Brexit

U.K. newspaper The Independent has linked the annual review of the EU tax blacklist, and the potential inclusion of Cayman and other offshore territories that were until now left off the list, to the outcome of Brexit negotiations between the European block and the U.K.

Brexit, Trump topics of focus for Cayman Economic Outlook 2018

Last February’s Cayman Economic Outlook conference focused on how economic nationalism has been a rising trend in many countries, and how Cayman may be affected by the growing sentiment.

Mitchell: Hopes and fears for policy in 2018

Let’s speculate about potential victories and defeats in 2018.

EDITORIAL – Standing up to the bullies in Brussels

Make no mistake about it. The EU and its regulatory henchmen (read “OECD”) are not trying to export their failed economic policies. They are trying to export their failed left-leaning social policies.

Mitchell: Prosperity in a post-Brexit world

The bottom line is that the UK has plenty of negotiating power to get a good outcome.

Cayman Investment Forum to focus on bitcoin and gold

With events such as Brexit and the election of U.S. President Donald Trump, many see a reversal in the trend of globalization that has taken place over the last several decades.

Financial services focus of premier’s trip to EU, UK

Premier Alden McLaughlin led a government delegation to the United Kingdom and Brussels on Monday to promote Cayman’s financial services sector.

Bloomberg: Britain is still dithering over Brexit

To avoid inflicting unnecessary damage on Europe and a shattering blow on Britain, May and her government need to move much faster.

Bloomberg View: Brexit bill should not derail the talks

The final figure will be more a matter of politics than accounting. Britain’s strategic position is weak, so it will have to give more ground than it would like — and the sooner it gets used to this idea the better.

Red Ensign conference addresses maritime security and Brexit

Maritime security and Brexit’s impact on the operation of ships flying under the Union Jack were among topics at the Red Ensign Group Conference in the Cayman Islands, where shipping authorities and regulators from across the Commonwealth met last week.

Cayman’s finances discussed at London meetings

The Cayman delegation to London met on Thursday with Miriam Sachak, head of the Foreign and Commonwealth Office’s Economics and Financial team, to discuss the island’s finances.

Cayman in Brexit talks with UK

Leaders from 10 British Overseas Territories, including Cayman, met with U.K. ministers in London on Wednesday to discuss Brexit negotiations. All attendees in Wednesday’s meeting were briefed on developments and preparations for talks with the EU.

Premier: Government to focus on ‘social issues’

Cayman Islands Premier Alden McLaughlin told a group of U.K. lawmakers Monday that his newly formed unity government would focus on improving social issues during its four-year term, with the British territory now in a “good economic position.”

EDITORIAL — The power of Cayman and Brexit: Who knew?

If someone wants to make Cayman a power broker in international negotiations, we will gladly step up to the role. In the meantime, do not begrudge us our country’s small but vital chance to make our voices heard.

Manchester mayor: Cayman has greater say in Brexit than UK regions

The mayor of Greater Manchester in northern England said Wednesday that the Cayman Islands and other British overseas territories have more input on Brexit than Manchester and other U.K. regional districts.

EDITORIAL: The power of Cayman and Brexit: Who knew?

There is much about the Cayman Islands we consider “world-class” – our beautiful beaches, peerless hospitality, our many contributions to the global economy …...

Populism on pause

Yesterday’s conventional wisdom: A wave of insurgent populism is sweeping the West, threatening its foundational institutions – the European Union, the Western alliance, even liberal democracy itself.

Caribbean travel hit record arrivals, expenditures in 2016

Visitors to the Caribbean hit a record level in 2016, with 29.3 million traveling to the region, the Caribbean Tourism Organization reported Thursday. The report marks the seventh year of consecutive growth. At 4.2 percent growth, overall tourist arrivals to the Caribbean region surpassed the global average of 3.9 percent.

Premier: UK must ‘moderate’ Brexit impact on territories

The U.K. government must do its best to back financial services industries in its overseas territories, both before and after Brexit talks with the European Union, Premier Alden McLaughlin said Tuesday.

Cayman’s leaders in London for Brexit summit

Leaders of Britain’s overseas territories will meet with U.K. officials Tuesday to seek a clearer picture of the likely fallout from Britain’s planned exit from the EU. Premier Alden McLaughlin will lead Cayman's delegation in talks over the trickle-down impact of Brexit on overseas territories.

EDITORIAL – ‘Brexit or bust’: Theresa May provides strength and clarity

Tuesday’s Brexit speech by British Prime Minister Theresa May is proof that leadership genes may indeed be transferable from one political generation to another.

UK PM Theresa May signals clean break with European Union

Britain’s future outside the EU became much clearer: It’s so long to the single market, goodbye to the European Court of Justice and farewell to the freedom of movement for workers. In a long-awaited speech, Prime Minister Theresa May finally revealed the U.K’s hand as it prepares to start EU exit talks.

EDITORIAL — Year in review

Today we are featuring excerpts from some of the most interesting, compelling and entertaining editorials that have appeared in the Cayman Compass in 2016, on some of the most important issues facing our country.

Cayman Finance CEO promotes financial industry in Europe

Cayman Finance CEO Jude Scott has completed a two-week visit to Europe to promote the Cayman Islands financial services industry and its role in Europe, the United Kingdom and the global financial economy.

Brexit to hit private equity investments in Europe harder

The U.K. vote to leave the European Union has caused widespread delays to fund launches across Europe, but the outlook for the private equity industry overall remains optimistic, according to research released by offshore law firm Mourant Ozannes.

This week