By Jon Dee, Partner, IBDO LLP ISA (UK) 315 (revised July 2020) – Identifying and Assessing the Risks of Material Misstatement -came into force for accounting periods beginning on or after 15 December 2021. Heads of Internal Audit will have…
Morgan Peters, Head of Compliance, Artex Risk Solutions, reports In March, the Gibraltar Financial Services Commission (GFSC) held their 2023 Insurance Industry event, providing an opportunity to update the industry on their prior year thematic reviews, while also setting out…
By Louis Montegriffo, CEO, BMI Group High value clients (Cat 2 / Hepps) continue to represent a significant part to the Gibraltar property market. Over the past few years, the jurisdiction has seen continued growth in Gaming, Insurance, Banking,…
By Jonathan Garcia, Partner, ISOLAS LLP When FTX collapsed in November 2022 it shook the entire digital assets ecosystem; currency values plunged, and consumers, institutions, and regulators panicked. The entire industry was dominated by fear and shock. For one of…
2022 proved challenging for investors, with the pandemic aftermath and the Ukraine war, Fahad Kamal, Chief Investment Officer, Kleinwort Hambros suggests real assets could be one attractive option for 2023 Last year traditional balanced portfolios – consisting of 60% stocks…
By Paul Birch, Forensic Technology Consultant, BDO There is a time in a business’s evolution when IT systems get out of hand. Once a company employs more than a dozen people or so, it becomes easy to lose track of…
By Jonathan Garcia, Partner, Head of FinTech & Funds, ISOLAS LL Recently the regulations surrounding Experienced Investor Funds (EIF’s) in the jurisdiction changed – and for the better as well. Experienced Investor Funds are specialist funds designed for high net…
By Kerris Fryer, Head of Risk, Compliance & Company Secretary, Robus Risk Services 2022 has been a busy year for insurance conduct of business regulators in both Gibraltar and the UK, and subsequently the insurance industry. 2023 seems unlikely to…
By Daniel Pitaluga, Wealth Manager, Abacus Financial Services One of my fondest childhood memories is listening to my grandmother repeat the same personal financial advice every time she gave me a few pounds: “don’t spend it all in one go.”…
Despite taking place just days after the recent announcement that Gibraltar has become subject to increased monitoring by the Financial Action Task Force, the news did not deter this year’s KPMG Gibraltar eSummit for the gaming industry from looking…
