News
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Electronic Money Institutions Thematic Review
05 Feb 19
The Gibraltar Financial Services Commission recently completed a Thematic Review of the Electronic Money sector relative to the effectiveness of the sector’s AML/CFT systems of controls. The Thematic Review Report is now live on our website.The Electronic Money … -
UK ban on pensions cold-calling: statement for firms and consumers
29 Jan 19
The GFSC welcomes the ban on pensions cold-calling in the UK which came into force on 9 January 2019. It should help to end the practice, which has been used in some instances to either steal consumers’ pension savings or persuade them to invest in inappropriate schemes. … -
The Institutions for Occupational Retirement Provision Directive II (IORP II)
23 Jan 19
The Institutions for Occupational Retirement Provision Directive II (IORP II) came into force on 13 January 2019. Firms impacted by this Directive include those that offer or may have offered an occupational pension scheme for its employees. One of the main aspects of … -
Global Surety Insurance Company LLC
11 Jan 19
Content of website warning The Gibraltar Financial Services Commission (GFSC) is issuing this warning to the public regarding Global Surety Insurance Company LLC – www.globalsurety-insurance.com Following receipt of an enquiry, the GFSC reviewed the above website … -
Statement on Horizon Insurance Company Limited
19 Dec 18
Horizon Insurance Company Limited (Horizon) licensed on 26 October 2009 under the Financial Services (Insurance Companies) Act was authorised to write Class 3 (Land Vehicles) and Class 10 (Motor Vehicle Liability) and to carry out services in the United Kingdom. Horizon …