Category: Articles

Overseas Office

EU uncertainty tempers overseas economic successes 2014 proved to be a significant year for expansion of Gibraltar’s overseas representation politically and for business development, but this year is likely to play an even more critical role James Lasry, Chairman of…

Insurance Industry

Change, Challenges and Opportunities for the Gibraltar Insurance Industry By Derren Vincent, Executive Director, Willis Management (Gibraltar) Limited As part of the preparatory  phase for the new  ‘Solvency II’ regulatory regime effective on 1st January 2016, insurers were required to…

Gibraltar: the Key to Europe

Gibraltar: the Key to Europe for US and Asian Fund Managers By James Lasry, Vice Chairman of GFIA and President of the Gibraltar American Chamber of Commerce The advent of the Alternative Investment Fund Managers Directive (AIFMD or the Directive)…

Listing on GSX, Gibraltar’s new exchange

By Joey Garcia, a Financial Services Partner at ISOLAS and Chairman of the Gibraltar Funds & Investments Association (GFIA). He was the advisor to GSX Limited through its authorisation process With Listing Members now signed up and approved, and listing…

Searching for “a more cost-effective” telco provision

Gibraltar government is working to make telecommunications for the jurisdiction’s expanding bandwidth hungry eGaming and financial services customers more price competitive, it has emerged. For some time, the expanding remote gambling sector, in particular, has complained that charges for telco…

The cyber threat to banking

Christian Garcia is the President of the Gibraltar Bankers’ Association and also the Chief Financial & Operations Officer at Lombard Odier & Cie, Gibraltar Everything seems to indicate that going forward, the financial sector will continue to be challenged by…

Gibraltar As Gateway To Europe For Fund Managers – Large and Small

By Richard Bowry, Senior Associate at Hassans The transitional period for the Alternative Investment Fund Managers Directive (AIFMD) expired on 22 July 2014 and accordingly the non-UCITS funds industry in Europe is now governed by AIFMD. Gibraltar, as a member…

Fresh hope to overturn UK gaming tax after first court bid fails

Gibraltar’s “premier division” e-gaming community is taking a last roll of the dice in its bid to thwart UK plans to introduce a point- of-consumption tax for on-line bets from December by seeking a second Judicial Review. A High Court…

New players moving in on EU catastrophe cover

Gibraltar’s bid to capture a significant share of the expanding $US 7.5bn a year world market in Insurance Linked Securities (ILS) has been given a real boost, with news that a stock exchange is to be established and the arrival…