Property outlook & market update 2018/19

Property outlook & market update 2018/19   2017 was a hugely successful year for high and mid-range end sales in Gibraltar. Louis C. Montegriffo, Managing Director, BMI group, reports on the future property outlook   Gibraltar experienced an unprecedented and unexpected…

Preparing for July tax purge

The OECD advance group of 44 countries and territories, including the UK, Spain, Portugal and Gibraltar, is adopting “an ambitious but realistic timetable” to implement common reporting standards for the automatic exchange of tax information The first annual exchange of…

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…

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One size never fits all – a Dual Regime is needed

By David Coupe, InsureLaw Consultants Limited T he UK insurance sector complains about costly, burdensome and unnecessary regulation, and unresponsive and slow regulators. The UK market is recovering from significant claims and suffering inflationary times, and raising more capital is…

New ventures to meet growing need

Gibraltar International Bank (GIB), being launched by the government to provide competition and facilities in the wake of closure of a local high street bank, has been provided with £25m initial capital. That implies GIB has potential to lend £160m…

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…