Summary
This Report, ‘Managing Risk in
the Overseas Territories’ (HC 4), examines the work of UK government
departments in overseas territories under British sovereignty.
The UK retains responsibility for 14 overseas territories, 11 of which are
permanently populated and opt to remain under British sovereignty. These
territories are not constitutionally part of the UK; they have their own
constitutions, legal systems and most have a democratically elected government.
Most of these territories also share common features including relative
isolation, exposure to disasters, and dependence on one or two key industries.
The great majority of territory citizens are entitled to full British
Citizenship. The Foreign and Commonwealth Office (FCO) leads overall policy and
maintains the main UK presence in the territories.
This Report reviews
the progress since the National Audit Office's last Report on this subject,
'Contingent
Liabilities in the Dependent Territories’ (HC 13 1996-97) published in May
1997. It considers whether UK government departments work effectively in
conjunction with territory governments to manage and mitigate risk, and whether
there are suitable and sufficient resources available by the UK Government to
manage the risk to the UK from its relationship with overseas territories.
The Report sets out a number of recommendations:
- Other UK
government departments should be required to set out their arrangements for
dealing with overseas territory issues
- The FCO, with the support of
relevant agencies such as the Treasury, Financial Services Authority (FSA), and
Serious Organised Crime Agency (SOCA), should develop a strategy to ensure
stronger investigative and prosecution capacity
- The FCO needs to make
real progress in developing territory administration.
The Report
further concludes that while some progress has been made in managing risk, the
degree of success in individual territories and across key areas has been
mixed.
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