Property outlook 2020
Property outlook 2020 By Louis C. Montegriffo Managing Director, BMI Group It is clear that our way of life, how we interact and how we do our business will not just be impacted for the short term but…
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…
Private bank customers get digital as tax disclosure becomes automatic
Private bank customers get digital as tax disclosure becomes automatic The British overseas territory’s private banking sector goes back more than 160 years and today is developing new areas of operation, writes Ray Spencer in the second part of a…
Principles Based Regulation – Raising the Glass Ceiling on the Blockchain Industry
Principles Based Regulation – Raising the Glass Ceiling on the Blockchain Industry By Nick Cowan, CEO, Gibraltar Blockchain Exchange (GBX) Despite the downturn in the cryptocurrency market, the global blockchain landscape continues to build momentum, illustrated by…
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…
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…
Newcomers confounding Brexit uncertainty as focus intensifies on solvency compliance
Newcomers confounding Brexit uncertainty as focus intensifies on solvency compliance Efforts to attract new insurance business are starting to reap dividends with Gibraltar acting as a gateway to the UK, Ray Spencer finds, and the Regulator is focusing on…
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…