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  What will Flashman do ?
  
  David Cameron could make Bermuda open up on taxes - if he wanted to
  
  If Bermuda succeeds in undermining an attempted crackdown on tax havens, it's because our PM
  
  allowed it to happen
  
  Bermuda: its premier, Craig Cannonier, said on Wednesday that the island was not ready to sign
  
  an international transparency convention.
  
  That Bermuda may jeopardise a major international agreement that's trying to crack down on tax havens
  
  is a bad joke. Consider this from a recent white paper on the future of Britain's overseas territories:
  
  the UK's parliament has "unlimited power to legislate for all its overseas territories and crown dependencies".
  
  The unvarnished truth is clear. If David Cameron wanted to, he could force Bermuda to fall into line and
  
  simultaneously put Britain's house in order.
  
  The British prime minister holds all the constitutional aces in relation to Bermuda. But the real issue is
  
  whether he has the political will to exert that power. It seems the perceived "independence" of the
  
  overseas territories provides a convenient excuse for the Cameron government to have it both ways.
  
  The prime minister can say he is all for transparency and then fail to achieve it by blaming a small,
  
  remote island for blocking its implementation.

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