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As a British overseas territory located within the European continent and with a unique ability to provide financial services into the UK, Gibraltar offers tax, operational and lifestyle advantages which are second to none for those looking to undertake financial services and investment business within Gibraltar, the UK and beyond.

These advantages are coupled with the security of high regulatory standards which meet EU requirements, a common law legal system largely derived from England and Wales and a jurisdiction that seeks to encourage and facilitate business.

Since the downturn of the global financial markets of 2008 a surprising paradox at first glance has emerged, and Gibraltar, as a financial services jurisdiction has grown exponentially.

Our Financial Services team has been at the forefront of this growth and in particular in developing Gibraltar as a jurisdiction of choice for the establishment of investment services and investment funds.

The Financial Services team have a wealth of experience in advising banks, payment institutions, Gibraltar investment funds, investment fund managers, investment fund administrators, asset and investment managers/brokers and insurance companies, intermediaries and managers. Our financial services lawyers have advised and assisted with, the initial structuring and restructuring of licensable/licensed entities and ongoing regulatory matters such as licensing, passporting into other jurisdictions, the establishment of branches, distribution issues, the re-domiciliation of licensed entities and the disposal of financial services entities.

Our expertise provides the perfect platform for your introduction to Gibraltar and its advantages and we would be delighted to assist and advise you further in helping you to meet your business objectives.

OUR FINANCIAL SERVICES LAWYERS EXPERTISE

Private Funds
Experienced Investor Funds (EIFs)
Alternative Investment Fund Managers (AIFM)
UCITS
Non – UCITS Retail Funds
Investment Funds Re-Domiciliation
Asset/Investment Management & Brokerage
Investment Fund Administration
Banking
E-money Institutions
Payment Institutions
Insurance Companies, Intermediaries & Managers
Shariah Finance
Fintech

WHY GIBRALTAR?

  • Jurisdiction of choice
  • Firmly established and prosperous finance centre regulated to UK and EU standards
  • Low corporate tax rate – 10%
  • Investment funds have the potential to be exempt from tax on investment
    income
  • Capped income tax rate for High Executive Possessing Specialist Skills (HEPSS)
  • Tax advantages for High Net Worth Individuals (HNWIs)
  • No VAT, Capital Gains Tax (CGT), Inheritance Tax, Estate Duty or Withholding Tax
  • Low income tax
  • Common law legal system based on that of England and Wales
  • Business language – English
  • Multi-skilled & professionally qualified workforce
  • No exchange controls
  • Low operational costs when compared to other EU finance centres
  • Unique ability to provide financial services into the UK

Gibraltar’s leading legal counsel on DLT regulations for Fintech companies

Gibraltar made headlines worldwide on January 1, 2018 when it became one of the first jurisdictions to pass into law a Distributed Ledger Technology (DLT) Regulatory Framework. This means that firms registered in Gibraltar and using DLT, more commonly referred to as “blockchain”, must apply for a licence from the Gibraltar Financial Services Commission (GFSC). Its primary objective is to protect consumers, and Gibraltar’s reputation, in a new era of digital technology.

The continually evolving digital revolution has created a new wave of businesses using new and exciting forms of financial technology (“Fintech”) to improve the ways in which traditional financial services providers deliver services and in some cases make the use of their service simpler. This can be evidenced via a simple blockchain-based banking app on a smartphone – seeking to make (the) transactions faster, less costly and more accessible to all (banks more accessible) in this modern age.

Gibraltar’s forward thinking is attracting a host of Fintech businesses, from blockchain startups offering multi-currency digital wallets to innovative payment service providers. At Triay we bring decades of expertise to this new environment in a way that bridges the gap between conventional finance and Fintech innovation.

Triay Lawyers FINTECH team forms part of our traditional financial services team.  The firm’s Fintech team has the experience, industry knowledge and commercial understanding to assist these bold entrepreneurs. Our lawyers have also assisted clients, such as payment service providers, with licensing applications and therefore understand the requirements of the licensing process. The team has leveraged its existing knowledge of traditional financial services to assist clients in understanding their regulatory obligations under Gibraltar’s world-leading Distributed Ledger Technology regulations.

We advise

Asset managers;
Collective investment schemes;
Electronic money providers;
Payment services providers;
Blockchain based/distributed ledger technology start-ups,

Our experience

Regulatory compliance and advisory;
Regulatory licence applications;
Token generation events;
Commercial technology transactions;

The ever-changing regulatory landscape and framework have led to an industry that is changing and developing at an extremely fast pace.

Triay Lawyer’s innovative and practical fintech team are expertly placed to be able to assist you and your client’s needs. For more information please contact the team on the financial.services@triay.com

We are recognised as Gibraltar’s leaders in their field by Legal 500, Chambers, IFLR and Practical Law.

“Gibraltar’s forward thinking regarding the regulation of company’s using blockchain technology proves that one of the world’s smallest jurisdictions is also amongst the most innovative.”

Javi Triay

 

“There has been an incredible amount of DLT and FinTech company’s making Gibraltar their home. The world is watching Gibraltar and its bold move to become a world-leading blockchain & FinTech jurisdiction.”

Jay Gomez

Our financial services team

Joseph E. Triay (Melo)

Joseph E. Triay (Melo)

Director
Javier Triay

Javier Triay

Director
Alan Buchanan

Alan Buchanan

Director
Jay Gomez

Jay Gomez

Director

OUR TEAM OF CONSULTANTS & ASSOCIATES

A LEADING INDEPENDENT GIBRALTAR
LAW FIRM WITH A REPUTATION FOR
LEGAL EXCELLENCE SINCE 1905

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