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12 Gibraltar International www.gibraltarinternational.comGibraltar has established itself as a dynamic and innovative financial centre, renowned for its robust regulatory framework and its strategic geographical location. This jurisdiction has consistently demonstrated its commitment to enhancing its financial services landscape and in particular its funds and DLT frameworks. One of the most significant developments in this regard in recent years was the introduction of Protected Cell Limited Partnerships (PCLPs), a flexible structure that offers enhanced protection for both investors and fund managers. The establishment of PCLPs in Gibraltar, formed a part of the progressive legislative measures that Gibraltar took to bolster the funds industry with the enactment of the Limited Partnerships Act 2021 and the Protected Cell Limited Partnerships Act 2021. These Acts were the result of collaborative efforts between Her Majesty%u2019s Government of Gibraltar, the Gibraltar Funds and Investments Association, and the Gibraltar Financial Services Commission with expert guidance from legal professionals. This new statutory framework enhanced the existing legislation by providing a solid foundation upon which Limited Partnerships (LPs) could operate as well as innovatively incorporating the concept of protected cells within those partnerships.PCLPs are uniquePCLPs combine the traditional features of LPs with the protective benefits of FundsBy James Lasry, Head of Financial Services and Miriam Bayles, Paralegal, Financial Services, HassansRedefining investment structures and Gibraltar%u2019s PCLP advantageContinued p14