Business Insight

in Business Insight

2022

Gibraltar Day made a return to London after the disruption of the COVID-19 Pandemic. It formed a series of events, designed to promote The Rock across various financial services sectors.

The Chief Minister, the Hon Fabian Picardo KC MP, said, “This is the first Gibraltar Day in London since the pandemic began and I am absolutely delighted to have hosted the Financial Services lunch … which brought together all those industry leaders who are so fundamentally important to Gibraltar’s economy. It was also particularly poignant to mark Gibraltar Day in London this year for the first time since the passing of Her Late Majesty Queen Elizabeth II.

“I would like to thank the Sir Phillip Barton for attending the lunch and addressing those present and for reenforcing the United Kingdom’s commitment to Gibraltar and to securing a safe and beneficial deal in the UK/EU negotiations on Gibraltar’s future relationship with the EU. Sir Phillip is a great friend of Gibraltar and a former Deputy Governor and so it was a real pleasure to have him with us for today’s lunch.”


Youth Rugby festival

Gibraltar Rugby has inked a new long term partnership with Trusted Novus Bank in support of Gibraltar Rugby’s Youth Rugby Development Festivals.

Chad Thomson, Gibraltar Rugby CEO said, “The project has been a strategic priority for the Union & is one of our key pillars to the 2021-2024 strategic plan. The focus is very much on small sided games, under tag rugby rules for our juniors, introducing them to the FUNdementals of Rugby”. 

The key takeaway from these festivals is child development within a fun and engaging environment. The partnership stems from our shared core values with the bank, for Gibraltar Rugby these revolve around Respect, Inclusion, Discipline and Enjoyment.

Christian Bjørløw, CEO Trusted Novus Bank added, “We are very pleased that we can support Gibraltar Rugby, whose values are as strong as ours.

“Together we can hopefully inspire the next generation of young rugby players in Gibraltar.”


The DLT Seminar

Minister Albert Isola MP hosted The DLT Seminar at the start of November in Canary Wharf.

The DLT Seminar, one of Gibraltar Finance’s annual events in London, was attended by over 160 industry, regulatory and governmental representatives.

Minister Isola opened the event, extended a warm welcome to guests and provided an update on Gibraltar’s ongoing development. He highlighted that the venue was the birthplace of Gibraltar’s DLT journey some 6 years ago with our first ever event being hosted in that same fintech facility.

William Gracia, Head of DLT at the Gibraltar Financial Services Commission then provided a regulatory update.

Two panel sessions followed, the first covering the Government’s initiative in piloting a process in which it will integrate blockchain technology into its legacy systems to streamline government services. This was moderated by Anthony Provasoli, co-chair of the Gibraltar Association of New Technologies (GANT) and panellists included Christopher Woolnough, IOV Labs, Alfonso Monroy, Bitso and Pablo Mosquera, Extrimian.

The second panel discussed the importance of the 10th Regulatory Principle to the DLT Regulatory Framework, establishing standards of market integrity in the digital asset space. Contributing to the discussion, led by GANT co-chair Joey Garcia, were leading industry experts Lee Schneider – Ava Labs and Joshua Ashley Klayman – Linklaters LLP who had both travelled from the US to join the event and industry participants Jonathan Parnell – Eqonex, Jenna Wright – LMAX Digital and Vitalli Kedya – Currency.com.

Minister Isola stated, “The DLT sector in Gibraltar continues to go from strength to strength as we continue to develop our regulatory framework and support those firms that make Gibraltar their regulatory home. Our stated aim is to ensure that quality firms who wish to develop a long-term sustainable relationship with us continue to enjoy our full support. I am delighted to be in London to highlight the benefits we offer firms seeking the regulatory certainty we offer.”

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