Government has been urged to publicly reveal the details of the commitment it made to the international financial watchdog investigating harmful tax jurisdictions.

Opposition Finance Minister Grant Gibbons said he was delighted Bermuda had been left off the hit list of dubious tax havens drawn up by the Organisation for Economic Cooperation of Development (OECD), but said people should now be told about the promises it has made.

He urged Finance Minister Eugene Cox to follow in the footsteps of the Cayman Islands, which has released a detailed statement this weekend explaining that it had also been left off the list, but giving details of its pledge to the OECD.

Like the Cayman Islands, Bermuda entered into an advance commitment with the OECD aimed at assisting in the international initiative to combat harmful tax practises.

But as yet, Bermuda has not released the elements of that commitment, such as the time frame agreed for information to be exchanged on tax matters.

The Royal Gazette reported last week how the OECD did not consider Bermuda a tax haven, meaning the Island had escaped the threat of international action to clamp down on secretive jurisdictions that do not exchange financial information.

And on Friday it was announced that the Island had also been left off a second task force hit list investigating offshore financial centres that engaged in money laundering.

Last night, Mr. Gibbons said it was all great news for the Island and its businesses, but people needed to know more.

He said: "I don't think the Government has anything to hide, but I think we need to be transparent.'' Last night Mr. Cox said he had been off the Island for several days on a business trip and would be talking to his Ministry about the advance commitment today, but he said he would not be swayed by what any other jurisdictions had or had not done.

He said: "I will not be dictated to by Mr. Gibbons or the Cayman Islands.

"I will look at what has transpired and consult with my technical people to see where we are.

"We are working to serve the best interests of Bermuda. Sometimes it means we may come out with a lot of information and sometimes we may not come out with a lot of information.

"But we are not going to be dictated to by anybody.''