The Government of Bermuda notes the statement by the Rt Hon Jeremy Corbyn MP, Leader of Her Majesty’s Opposition in the UK parliament, which was misinformed.
The Government of Bermuda can confirm that Appleby Global is not “Bermuda based”; its global management is based in Jersey.
Bermuda is a recognised leader in international tax compliance and tax transparency with 114 tax treaty partners.
The opposition leader may not be aware that Bermuda was recently confirmed by the French Government as a “whitelisted” jurisdiction due to Bermuda’s excellent work on international tax transparency.