An arduous 15-year journey from 'tax haven' to international financial centre is complete, according to those responsible for regulating and marketing the industry based in Gibraltar.
Gibraltar's fund industry is being heavily promoted by the government's Finance Centre, keen to ensure that the jurisdiction does not lose out on any market share come the implementation of the EU's Alternative Investment Fund Managers Directive (AIFMD)...
Fabian Picardo, chief minister of Gibralatar, has provided an update on the state of the nation, and his government's commitment to signing up to tax codes that combat tax evasion and money laundering.
Gibraltar based Helvetic Fund Administration has criticised the EU's approach to hedge funds, stating that the European Commission has picked the wrong time to focus on introducing liquidity buffers and leverage caps.
Gilbert Licudi, minister for Financial Services in Gibraltar, has added his voice to those from across the asset management and professional services sectors in the jurisdiction arguing that it has significant opportunity in the roll out of new European...
Luxembourg's decision to amend SIF regulations has left Gibraltar to claim that it is the EU domicile able to offer the quickest time-to-market for launching new funds.
Gibraltar will make a bid for the funds business of Dublin and Luxembourg as part of a strategic push to build its international financial services sector.
Ucits III has been hailed as a global success, despite a number of setbacks. The arrival of Ucits IV means the European funds industry can now look forward to getting a much improved funds passport.