Financial Services Commission in Gibraltar
The Gibraltar Financial Services Commission is charged with regulating investment business in Gibraltar. Those involved in investment business should be confident that Gibraltar has the necessary expertise, regulation and supervision to ensure the maximum protection for the investor or client whilst at the same time ensuring the development of Gibraltar as a safe and reputable finance centre.
The Financial Services Commission Act 2007 maintains the structure and the working of the Commission firmly in line with international best practice.
ISOLAS financial services teams are expert in dealing with all areas of financial services business with a particular expertise on banking, funds and investments and insurance services.
Financial services represents one of the pillars of Gibraltar's economy and is responsible for approximately 20% of all economic activity on the Rock. Gibraltar's membership of the EU enables it to provide passporting of financial services throughout the European single market in exactlty the same way as a financial services licence would allow in London, Madrid, Paris or any other capital or country in the Union.
Gibraltar firmly believes that offering a competitive advantage in the speed with which financial services initiatives can be seen through from concept to licensing in the jurisdiction is critical to its continued success. Heavy investment in the Financial Services Commission over the last few years, as well as a substantial restructure at the Regulator means that Gibraltar is ready to engage, support and drive innovation in financial services with a level of efficiency entrepreneurs and established institutions may demand but can seldom expect in the global financial services regulation context.
With a review underway designed to deliver a consolidated and user-friendly body of financial services legislation, the implementation of all EU directives and other legislation designed to make doing business in Gibraltar as business-friendly as it can be whilst maintaining a safe, credible and dependable regulatory environment, financial services business would do well to #ThinkGibraltar as an alternative to other solutions available in the European market.
For all the latest news from the Gibraltar Financial Services Commission please log on to www.fsc.gi