Gibraltar plans to become an Insurance Linked Securities (ILS) jurisdiction within the European Union. The ILS market has grown significantly in recent years and the total volume of catastrophe bonds and ILS issued during 2013 was more than $7.5 billion and by the end 2013 there was an all-time high of $20.5 billion of outstanding catastrophe bonds and ILS.
Commenting on the ever-present Gibraltar – Spain dispute from an almost entirely uninvolved perspective, Luke Coffey, a Margaret Thatcher fellow of the US Conservative think tank, the Heritage Foundation, today published a research piece on ‘Why the US Should Back British Sovereignty over Gibraltar’.
Following this week’s announcement of the GFA National A Team’s line up for the upcoming friendlies with the Faroe Islands and Estonia, a number of players have withdrawn from the squads.
The GSD is calling on the Government to state what progress, if any, has been achieved on the increase of limits for qualification of legal aid and assistance as set out in the GSLP’s 2011 manifesto.
Selwyn Figueras, Shadow Minister for Justice, explained that ‘the only progress the Government has made on this agenda is the extension of legal assistance in complex cases involving fraud. That extension currently applies to one case, which is ongoing.
