Osborne urged to improve tax transparency in dependent territories
In his letter Save the Children chief executive Justin Forsyth urged the government to "consider hosting a meeting of crown dependencies and overseas territories ahead of the G8 to encourage these jurisdictions to implement the new gold standard of beneficial ownership transparency in their own interests
"To ensure that that is a success we'd urge the UK to signal now that if necessary, it is willing to force through these policy changes"..
The charity also claimed previous work by the Kilbrandon commission on the UK constitution shows the UK government has, in exceptional circumstances, powers to intervene in the dependent territories.
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In the past, government ministers, including the former Labour home secretary Jack Straw, have made clear that the overseas territories and crown dependencies are sovereign jurisdictions and that the UK government does not have power to change their policies.
http://www.guardian.co.uk/politics/2013/apr/07/osborne-tax-transparency-dependent-territories
