Effect Brexit, the Cayman in the black list of tax havens News

the BRUSSELS call them consequences, or warnings: the first tangible effects of Brexit tap the Cayman islands, Overseas territory of the Crown that next week will be inserted in the black list of european tax havens. A result, or warning, tied to the Brexit. It is no mystery that among the most thorny of the negotiations on future trade relations between the Eu and the United Kingdom, there is the fate of the City. And it's not even a mystery that to ensure that Boris Johnson to transform Britain into a Singapore on the Sleeve, ready to do unfair competition to Europe, Brussels will use the finance, a symbol of London, to persuade Downing Street to the reasonableness on the other dossiers, reserving the right to give the licence to the banks and insurance companies that the English to operate on the Continent only at the end of the negotiations that will start in march.

If you look at it from this point of view, the decision to put the Cayman on the black list of the Eu is not only the first impact of the Brexit, or a small example of loss of british influence on Europe, but also a warning to Johnson in view of the negotiations on the future relationship. The decision will be formalized Tuesday in Brussels by the ministers of Finance of the Union, with the archipelago of the caribbean that will culminate in the list of bad Belize, Fiji, Oman, Samoa, Trinidad and Tobago, Vanuatu, American Samoa, Guam and the Virgin Islands.

The black list aims to recover the more than 600 billion euros of potential revenue are lost every year because of tax havens. The territories tied to the United states are generally excluded, and the Uk had lobbied for its territories rimassero off the list. Now, leave the Eu, the bargaining power of the London evaporates. In the viewfinder, even the Turkey, though, for now, the europeans have decided to leave Ankara more time to comply with the standard on the automatic exchange of tax information. On the other hand, when it hosts to 3.5 million syrian refugees, Erdogan enjoys a bargaining power almost unlimited about the Union, terrified by the idea that the Sultan re-opened the route the balkan pouring hundreds of thousands of migrants into central Europe, bringing hands back to 2015.

"The Republic will fight always in defense of the freedom of information, to its readers and to all those who have at heart the principles of democracy and civil coexistence"

Carlo Verdelli SUBSCRIBERS TO REPUBLIC © Reproduction reserved Today on the Prescription, that incomprehensible no to Renzi Woods: “If the government becomes the justice we can not accept that,” the Case Gregoretti, and the recital by the father of the former minister Salvini ready to do anything to save himself Salvini, nothing will be as it was before The language of the statute of limitation