Gibraltar commissions independent review

tax & jurisdiction

Professional Adviser
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Gibraltar has a "good standard of regulation" according to an independent review commissioned by the...

Gibraltar has a "good standard of regulation" according to an independent review commissioned by the jurisidiction's own regulator, Financial Services Commission. But the review, written by ex-Jersey regulator Richard Pratt, has made a number of recommendations on how regulation can be improved. This is the third review commissioned under Section 12A of the Financial Services Commission Ordinance 1989. The Commission said it is obliged by its founding ordinance to match UK standards of supervision. It added that the changing regulatory environment in the UK had prompted the latest review...

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