A growing climate of hostility to offshore financial services

On December 4 and 5 the Premiers and Chief Ministers of the UK’s Overseas Territories will gather in London for their annual Joint Ministerial Council with the British Government.

The meeting will begin by focusing on the UK’s White Paper published in June; consider the UK’s priorities, than move on to issues such as relations with the UK parliament and self-determination. Participants will also discuss issues such as investment promotion, relations with the Commonwealth and the role of national security councils.

True to his word, the British Foreign Secretary will bring ministers from every relevant British government department to spell out how they and their officials will work to support the overseas territories in the areas of education, governance,