Donald Trumps Posted March 5, 2019 Share Posted March 5, 2019 With #Brexit probably about to cause the breakup of the UK, moves to further independence have to be considered Link to comment Share on other sites More sharing options...
gettafa Posted March 5, 2019 Share Posted March 5, 2019 The Isle of Man's financial reputation is fucked and in tatters. Deflowered by a deemster. All in the name of sly greed. Link to comment Share on other sites More sharing options...
Roger Mexico Posted March 5, 2019 Share Posted March 5, 2019 1 hour ago, Non-Believer said: The fact that Gawne thought and suggested we should pursue full independence speaks volumes. Utter moron. It's more that he seems to believe that independence would somehow solve this particular problem. That being a sovereign state would somehow mean that the Island would have no international obligations or relationships and that we could do whatever we want and every other country would do what we want in return. It's like the delusions surrounding Brexit - that somehow sovereignty is a magic wand that will grant all your desires. All it actually means in this case is that you lose someone to blame. Link to comment Share on other sites More sharing options...
Donald Trumps Posted March 5, 2019 Share Posted March 5, 2019 FT Alphaville https://ftalphaville.ft.com/2019/03/04/1551716879000/Who-s-really-got-the-upper-hand-in-offshore-tax-negotiations-/ The problem is: you can't ask for what you don't know about. Public registers are essential because tax authorities -- despite the alleged wizardry of their new computer systems -- still depend on both the wider media and the public for information about tax abuses. Such public accountability is impossible unless basic information about real beneficial ownership is made fully transparent. Citing constitutional conventions is all very well, but crown dependencies are dependent for a reason: the UK is ultimately responsible for their defence and for their diplomatic representation. That de facto means the British taxpayer, which funds the UK government, is on the hook for protecting the freedoms they have become accustomed to. That they abuse this goodwill by facilitating UK-offshore tax arbitrage is frankly unacceptable to the majority of the UK taxpaying electorate. As Brexit is proving, the growing public opinion is that conventions are indeed breakable and that everything comes down to economic leverage. If the UK can't stand up to the crown dependencies, what message does that send to Brussels? Link to comment Share on other sites More sharing options...
gettafa Posted March 5, 2019 Share Posted March 5, 2019 ^^ You make a clear point of course Roger. But in many respects - including in the Isle of Man Courts where incidentally there have been a few significant international 'money' cases - the Isle of Man has being doing 'whatever it wants'. The courts have gone out of their way to say they will support the Finance Sector. Sometimes it might be better to stfu. Link to comment Share on other sites More sharing options...
James Hampton Posted March 5, 2019 Share Posted March 5, 2019 I haven’t had chance to go over the comments since last night yet, but this just caught my eye... https://www.manxradio.com/news/isle-of-man-news/amendment-wouldnt-have-had-any-immediate-impact-on-island/ Full of vim and vigour now! They ‘cannot’ do this if we stay within international law? Is this just bluster? I assume the UK can legislate in this way if it wants to? Link to comment Share on other sites More sharing options...
Donald Trumps Posted March 5, 2019 Share Posted March 5, 2019 THE POWER OF THE UK TO LEGISLATE FOR THE CROWN DEPENDENCIES WITHOUT CONSENT—FACT OR FICTION? https://www.jerseylaw.je/publications/jglr/PDF Documents/JLR1702_Birt.pdf Link to comment Share on other sites More sharing options...
Donald Trumps Posted March 5, 2019 Share Posted March 5, 2019 Brexit, Human Rights and Self-Determination – A Perfect Storm in the British Crown Dependencies and UK Overseas Territories? https://www.islandrights.org/publication-in-the-ehrlr-brexit-human-rights-and-self-determination-a-perfect-storm-in-the-british-crown-dependencies-and-uk-overseas-territories/ Link to comment Share on other sites More sharing options...
Barrie Stevens Posted March 5, 2019 Share Posted March 5, 2019 1 minute ago, Donald Trumps said: Brexit, Human Rights and Self-Determination – A Perfect Storm in the British Crown Dependencies and UK Overseas Territories? Brexit will keep them occupied for years, Human rights a settled issue now in domestic law. Self determination no problem say when and hold a referendum...It is on the table... That register will come about in two or three or more years by mutual agreement just like the exchange of tax information. It is related to EU and UK compliance so post Brexit something will be cobbled together. The CDs insisted on complying with FATF information exchange etc only if there were a level playing field and this is the way of it now. Back then the UK gave the CDs authority to represent and negotiate on their own behalf. Thus it is odd that the issue of direct UK legislation has even been given house room. I tend to forget how long ago it was...2019... Where did it all go?.. Link to comment Share on other sites More sharing options...
Donald Trumps Posted March 5, 2019 Share Posted March 5, 2019 The IOM has to comply with international best practice on the issue of beneficial ownership registers Then tackle the issue of what 'right' Privy Council has to impose it's will upon us UK Parliament (whilst it still exists) can legislate all it likes, Tynwald as democratically elected representatives of the Manx people has no obligation to impose it Link to comment Share on other sites More sharing options...
P.K. Posted March 5, 2019 Share Posted March 5, 2019 Just hours before it was due to take place, the government postponed the division on a Bill designed to protect the financial services industry after Brexit. The measure needs to be in place by Brexit day – scheduled for 29 March – in preparation for a possible no-deal departure from the European Union. The delay creates another major headache for Mrs May who faces a daunting task in driving through Brexit-related legislation regardless of whether or not she can win a Commons majority for her withdrawal agreement with Brussels. Link to comment Share on other sites More sharing options...
b4mbi Posted March 5, 2019 Share Posted March 5, 2019 1 hour ago, Donald Trumps said: THE POWER OF THE UK TO LEGISLATE FOR THE CROWN DEPENDENCIES WITHOUT CONSENT—FACT OR FICTION? https://www.jerseylaw.je/publications/jglr/PDF Documents/JLR1702_Birt.pdf Thanks for that link, very interesting read. One of the viewpoints was the principal of parliamentary sovereignty (which originally established that the representative of the electorate of the UK have ultimate power over the Monarch) Thus, the argument flows, as we have never had representation in Westminster, they cannot legislate for us. The "crown" is responsible for the good governance of the Island, who decides what good governance is?! Jersey have it written in their laws that if Westminster wants to legislate in a way that effects Jersey, it can't do so without it being approved by the States of Jersey. We don't... Independence is only an option if we are energy self sufficient, but clearly there would have to be an agreement regarding defence, most probably with the UK as currently. I find it mightily difficult to envisage a situation whereby if a "foreign power" tried to conquer Mann, that strategically the UK would sit idly by and accept this, because we are "independent" and with a "you made your own bed" attitude. Link to comment Share on other sites More sharing options...
Barrie Stevens Posted March 5, 2019 Share Posted March 5, 2019 15 minutes ago, Donald Trumps said: The IOM has to comply with international best practice on the issue of beneficial ownership registers Then tackle the issue of what 'right' Privy Council has to impose it's will upon us UK Parliament (whilst it still exists) can legislate all it likes, Tynwald as democratically elected representatives of the Manx people has no obligation to impose it Technically you are correct but as CM Allan Bell said at the time of tax information compliance Might is Right. The last word and ultimate power is with London. That is why the real power is with London, the IOM Chief Secretary and the Governor. Tynwald makes laws and is a branch office. Matters not what you lot think. The UK can legislate over your heads and the world will recognise it. A Crown Dependency is where authority to govern is pendent/ant from the Crown. IOM is British sovereign territory. Anything else is just convention. You survive by not rocking the boat. Peremptory and irrevocable Order in Council for you...Don't worry the IOM will comply in the end and London is far too busy for now. Link to comment Share on other sites More sharing options...
Roger Mexico Posted March 5, 2019 Share Posted March 5, 2019 1 hour ago, James Hampton said: I haven’t had chance to go over the comments since last night yet, but this just caught my eye... https://www.manxradio.com/news/isle-of-man-news/amendment-wouldnt-have-had-any-immediate-impact-on-island/ Full of vim and vigour now! They ‘cannot’ do this if we stay within international law? Is this just bluster? I assume the UK can legislate in this way if it wants to? Of course it's bluster - it's Howard Quayle. Say "Siri - show me the definition of 'bluster'" in the wrong place and Howard Quayle will come burbling out of the speaker. The indignant and confused expression; the desperate glances at the notes where everything he is supposed to say is written; the dreadful shirt. One of the few genuine Manx political traditions is to claim that something is a long-standing and inviolable tradition when it was actually thought up very recently. In this case probably yesterday. The UK has had complete power to do whatever it likes in the Isle of Man since 1765 and what autonomy that has developed is both recent and entirely based on it being easier for the UK to let it happen than to intervene. Link to comment Share on other sites More sharing options...
Barrie Stevens Posted March 5, 2019 Share Posted March 5, 2019 2 minutes ago, Roger Mexico said: Of course it's bluster - it's Howard Quayle. Say "Siri - show me the definition of 'bluster'" in the wrong place and Howard Quayle will come burbling out of the speaker. The indignant and confused expression; the desperate glances at the notes where everything he is supposed to say is written; the dreadful shirt. One of the few genuine Manx political traditions is to claim that something is a long-standing and inviolable tradition when it was actually thought up very recently. In this case probably yesterday. The UK has had complete power to do whatever it likes in the Isle of Man since 1765 and what autonomy that has developed is both recent and entirely based on it being easier for the UK to let it happen than to intervene. If it does not cost them or embarrass them they let it alone. Link to comment Share on other sites More sharing options...
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