Jul 16 - GSD Say Government “Misleads Parliament”

The GSD has issued the following statement on the Sunborn floating hotel:

The Leader of the GSD Opposition, Daniel Feetham has written to the Speaker of the Parliament making a formal complaint that the Chief Minister and Minister Bossano have deliberately misled Parliament on issues of fundamental importance to the public finances of this community and the use to which the Government is putting hundreds of millions of pounds of savers’ monies.

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Jul 16 - Lidington Utrecht Statement Says UK “Takes Pride” In Gibraltar’s Wish To Remain British

Europe Minister David Lidington issued the following statement on the eve of the day that marked the 1713 Treaty of Utrecht anniversary:

“I send my greetings and best wishes to all Gibraltarians on this day of commemoration. For over 300 years the UK and Gibraltar have shared a proud and lasting history. We should take pride in the fact that the people of Gibraltar are and wish to remain British.

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Jul 15 - EU Alternative Investment Fund Managers Directive Transposed into Gibraltar Law

albert isola In one of his primary moves as Minister with responsibility for Financial Services, Albert Isola has signed regulations transposing the EU Alternative Investment Fund Managers Directive (AIFMD) into Gibraltar Law. The legislation is set to commence on the 22nd July.

Commenting on the move, Mr. Isola noted that the legislation provides Gibraltar with an excellent opportunity and competitive advantage, which should provide for further growth in this key area of Gibraltar financial services industry.

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