Statements
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AML CFT Online Workshops
02 Nov 20
As part of the GFSC’s continued engagement with regulated entities, we have developed a series of online workshops covering a selection of AML/CFT technical requirements applicable to the financial services industry. These workshops are based on the legislative and … -
Skilled Persons Report policy statement
02 Oct 20
The GFSC, with the consent of the Minister for Digital and Financial Services, has today published its Skilled Persons Report policy statement in accordance with Section 136(5) of the Financial Services Act 2019 (the Act). This policy statement sets out the principles… -
Non-Executive Directors' Forum
22 Sep 20
The GFSC's Head of Prudential and Intensive Supervision, Joe Perdoni, recently presented to the Non-Executive Directors' Forum on how to evidence Board challenge. The presentation is now live and can now be accesed here. -
GFSC statement on Elite Insurance Company Limited (in Administration) (“Elite”) - Policy Disclaimer
15 Sep 20
As set out in our statement dated 11 December 2019, Elite was placed into administration by the Supreme Court of Gibraltar with Edgar Lavarello and Dan Schwarzmann of PwC appointed as joint administrators. With effect from (and including) 15 September 2020, the joint … -
Statement on STM Fidecs, Gibraltar
06 Aug 20
A Regulatory Settlement Agreement has been entered into between the Gibraltar Financial Services Commission (GFSC) and the STM Group of companies within Gibraltar. This Agreement relates to the period 1 January 2016 to 31 December 2017, during which standards in some areas …