The Government says it notes, “with disappointment”, the European Parliament’s objection, today, to the entry into force of the European Commission’s decision to remove certain jurisdictions, including Gibraltar, from the EU’s list of ‘high-risk’ third-countries with strategic deficiencies as regards anti-money laundering and counter-terrorist financing (“AML/CFT”).
Whilst covering the Chief Minister’s UN visit to New York last month, our reporter met Eugene DeSoiza whose grandparents were from Gibraltar. In the appropriate setting of the New York Athletic Club’s trophy-filled Hall of Fame, Eugene told the fascinating tale of how his grandfather, Andrew DeSoiza, moved to the U.S and set up football teams for Gibraltarian players who had emigrated to New York.
Former Financial Director for Gibraltar based betting company BetVictor, 55-year-old British national Christopher Paul Forster was today sentenced to two years in prison on one charge of Fraud by False Representation and two thefts.
The Government has today announced that it has received written confirmation from HM Treasury, United Kingdom Government, that Part VII transfers can take place between the United Kingdom and Gibraltar insurers, subject to Court and Regulatory approval.