Oct 02 - Working Group to Review Government Investor Programme
The Government has formed a working group of Industry professionals to review the Category 2 individual programme, which aims to attract high net worth individuals to Gibraltar. The formation of the group was formally discussed by the Chief Minister in his budget speech, pledging to ‘work with the private sector to review, update and ensure that the products available to the Finance Centre professionals are fit for purpose and relevant in today’s world economy.’
The working group will consider all aspects of the status including its process, application and functionality and will engage with professionals experienced internationally in this area, including current holders of this status, before it reports back to Government.
The group consists of Peter Montegriffo QC, Chairman of the Finance Centre Council, Stephen Reyes, Deputy Chairman of the Finance Centre Council, Nicholas Cruz, Chairman of ATCOM, Melo Triay, Chairman of the Bar Council, Peter Isola, Chairman of STEP, Freddie White, former Chairman of the GSA.
Commenting on the appointments, Chief Minister the Fabian Picardo said, ‘we are totally committed to working in partnership with the private sector to ensure that all our financial services products are fit for purpose in today’s world and I am grateful to those professionals in the working group for agreeing to pool their skills and expertise in the best interests of Gibraltar.’
