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Hassans
The Coronavirus is potentially a life changing event in every sense and many businesses and policy makers will be asking the same question "how do we best manage, if not survive this?".
ISOLAS
Following on from the passing of Gibraltar's new Financial Services Act 2019 (the "Act") in July of this year, the GFSC and HM Government of Gibraltar have announced that both the Act...
ISOLAS
There is huge potential for DLT to cut costs and improve the effectiveness of KYC and AML compliance regulations for insurers.
ISOLAS
Many use cases ideas have been proposed for DLT, and some experiments and feasibility studies have been carried out.
ISOLAS
Yesterday, the Government of Gibraltar published a Bill for the introduction of an Act to make new provision in relation to the return on investment of damages for personal injury and for guidelines...
Hassans
For well over a year I have been exploring the post-Brexit options for companies based in Gibraltar that cannot continue to do business from Gibraltar after the UK's exit from the EU.
Hassans
The European Commission last week published a notice to stakeholders on the UK's (and consequently Gibraltar's) withdrawal from the EU and EU rules in the field of insurance and reinsurance.
Hassans
Here are a few thoughts on the Gibraltar insurance market as we push into 2018. Hope readers find it interesting and if you have any questions please do let me know.
ISOLAS
‘It is the intention of the UK Government to preserve financial services market access for Gibraltar into the UK.' This was the first part of a response given last month in the House of Commons by Stephen Barclay, Economic Secretary ...
Hassans
Historically, 'cell companies' under the statutory regime for Protected Cell Companies have been used primarily for first party (captive-type) business.
ISOLAS
The summer months have seen a number of interesting developments for Gibraltar's financial services industry.
ISOLAS
In recent times the use of technology in the provision of financial services has become well established, with the likes of crowdfunding platforms and 'Peer-to-Peer' (P2P) lenders already considered fairly mainstream.
ISOLAS
Despite the notable uncertainty concerning the United Kingdom and Gibraltar's future trading relationship with the European Union, there are a number of upcoming developments which the Gibraltar insurance industry and its stakeholders should be monitoring.
Hassans
Throughout the ages humans have felt a compelling need to record information about themselves or the world around them.
Hassans
Insurance business in the US has historically been more advanced in the field of risk pricing than Continental Europe.
Worldwide
Hassans
In answer to the question, "not quite". The use of Administration in Gibraltar for insolvent companies is a fairly recent, and in the case of insurance companies, an innovative use of this insolvency procedure.
Hassans
Each month we will be meeting with lawyers from around the firm to provide a series of industry perspectives in relation to current affairs.
Hassans
PCC legislation was first enacted in Guernsey in 1996. This was primarily to encourage growth of the captive insurance industry.
Hassans
In strict legal theory, the European 'passport' should now be firmly established across the EU. It embraces the principle of free trade enshrined in EU law and Treaty rights.
Hassans
HM Treasury have just published the consultation document entitled "Regulations implementing a new regulatory and tax framework for Insurance Linked Securities" (November 2016).
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