The Legal 500

Gibraltar

 

Legal market overview

Gibraltar’s funds industry is continuing to develop, as the jurisdiction’s heightened transparency and low overheads attract new foreign investors, and significant financial services work has been generated by the recent incorporation of EU directives as well as Gibraltar’s collaboration with the US Ministry of Justice over tax evasion. The country’s Financial Services Commission (FSC) is also coming under increased scrutiny following the collapse of two national insurers, Hills and Lemma, in late 2012. The country’s thriving gaming industry continues to attract new international companies and is beginning to diversify, with businesses such as games platform developers seeking to enter the jurisdiction. Other growth areas include shipping arrests, with banks showing increased willingness to prosecute; high-net-worth individuals seeking ‘Category 2’ tax status; and instructions arising from recent institution of the High Executive Possessing Specialist Skills (HEPSS) status.

Press releases

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Legal Developments in Gibraltar

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • European Lawyer Reference Series

    1st Edition – Gaming Law – Gibraltar law contribution by Hassans’ Partners
  • TAX APP

    Hassans International Law Firm have launched their first ever Gibraltar law firm Tax App, an innovation for law firms and unique in Gibraltar. The creation of the Tax App, launched today is available to download free from the App Store.
  • International Tax Planning Association Journal – Madrid 19-20 March 2012 – Vol XII Number 3

    When we talk about Gibraltar and the EU perspective, we really are talking about a defining element of what has been driving Gibraltar over the last twenty-five or thirty years. Our membership of the European Union is not something that has been incidental and has not had a dramatic impact on Gibraltar; it has been very important in the direction that Gibraltar has taken over that period of time. Gibraltar - as you know - is attached to Southern Spain. Gibraltar and its position in the European Union is quite a fascinating study and a fascinating situation to explain.
  • Gibraltar equipped to assist as Swiss fund laws are tightened

    In our second instalment for Gibraltar Magazine's series on Gibraltar's fund industry we focus on the role of the Board of Directors of Gibraltar Experienced Investor Funds (EIFs).
  • Funds: The Board of Directors

    When we talk about Gibraltar and the EU perspective, we really are talking about a defining element of what has been driving Gibraltar over the last twenty-five or thirty years. Our membership of the European Union is not something that has been incidental and has not had a dramatic impact on Gibraltar; it has been very important in the direction that Gibraltar has taken over that period of time. Gibraltar - as you know - is attached to Southern Spain. Gibraltar and its position in the European Union is quite a fascinating study and a fascinating situation to explain.
  • Gibraltar Relocation – enjoy the benefits of a new lifestyle

    Gibraltar is an appealing jurisdiction for individuals who wish to enjoy a Mediterranean life style. As a British Overseas Territory, Gibraltar’s culture also has strong elements of UK culture. Gibraltar’s own laws are based on English laws and businesses and education are carried out in accordance with English practice.
  • Gibraltar’s position in the global funds arena

    To begin Gibraltar Magazine’s series of articles on Gibraltar’s fund industry, we thought it would be fitting to start with an examination of Gibraltar’s current position as a fund domicile within the global funds arena. In fact, it’s an important topic in light of the on-going changes to the global legislative framework governing funds and fund management.
  • Financial Services Commission to establish new Funds Panel

    At the end of June, the Financial Services Commission announced the creation of a Funds Panel comprising members from all the various elements of the funds industry in Gibraltar.
  • Is taking your clients to the Olympics an act of bribery?

    An event the size of the Olympics will always court some controversy as it gets underway, but few were expecting that empty seats would be top of the list. However, as the Games got started and the television pictures showed thousands of empty seats, so the recriminations began.
  • REVIEW: A Guide to Insurance: Combining Governance, Compliance and Regulation by Nigel Feetham

    Insurance is part of the DNA of capitalism and it is hard to imagine that anything happened before it.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • Panasonic acquires Turkish Wiring Device Maker VIKO

    apanese electronics giant, Panasonic, has acquired the majority stake, 90% of the shares, in the Turkish electrical equipment manufacturer, VIKO.
    - Paksoy
  • Stamford Law is advising Goodland Group on its RM547.8 million land acquisition

    Stamford Law advises Goodland Group Limited on its acquisition of land in Malaysia valued at approximately RM547.8 million slated for development as commercial and residential properties through the acquisition of the entire issued share capital of Citrine Assets Pte. Ltd.
  • Stamford Law acted as Singapore Counsel to Magicapital Fund L.P.

    Stamford Law acted as Singapore counsel to Magicapital Fund L.P. in relation to Magicapital's investment in Novel Food Manufacturing Co Pte. Ltd.
  • Stamford Law is advising Giken Sakata on its S$48 million acquisition of Cepu Sakti Energy

    Stamford Law is advising SGX-listed Giken Sakata (S) Limited on: (i) its proposed acquisition of a majority stake in Cepu Sakti Energy Pte. Ltd. for an aggregate consideration of up to S$48 million; and (ii) its proposed diversification into the oil and gas services sector.
  • Stamford Law wins at the ALB Southeast Asia Law Awards 2014

    We are pleased to announce that the Firm has won 3 awards at the ALB Southeast Asia Law Awards 2014. The firm took home the SE Asia M&A Deal of the Year, Singapore M&A Deal of the Year and the SE Asia Deal of the Year awards. The winning transaction for all three awards was the highly watched takeover of Fraser & Neave, Limited ( F&N ), in which the firm acted for F&N. Congratulations to the team!
  • Stamford Law is advising Deutsche Bank in CapitaLand’s US$2.5 billion offer for CapitaMalls Asia

    On 14 April 2014, it was announced that Sound Investment Holdings Pte. Ltd., a wholly-owned subsidiary of CapitaLand Limited, intended to make a voluntary conditional offer to acquire all the remaining shares in CapitaMalls Asia Limited ( CMA ), CapitaLand's 65.3% subsidiary, for S$2.22 per share. The offer was increased to S$2.35 per share on 16 May 2014, valuing CMA at S$9.16 billion.
  • Wake-up Call for Issue Managers: Lessons from the Sino-Life Group Limited Saga

    In January this year, Sun Hung Kai International Limited ( SHKI ) was publicly reprimanded and fined HK$12 million by the Securities and Futures Commission of Hong Kong ( SFC ) for poor due diligence practices and failing to maintain adequate records in its role as a sponsor in the listing of Sino-Life Group Limited ( Sino-Life ) on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited ( GEM ). In addition, SHKI’s licence to advise on corporate finance was suspended for one year. Amongst others, SHKI had failed to disclose and explain a 45% difference between the respective cash flow figures reported by two accounting firms, a difference which was regarded as material as it impacted on whether Sino-Life satisfied the listing requirement for positive operating cash flow. On appeal to the Securities and Futures Appeal Tribunal ( Tribunal ), the Tribunal affirmed the SFC’s decision and laid down several principles in relation to the duties of sponsors in initial public offerings ( IPOs ). Given the substantial overlap between these principles, and the legislation and guidelines governing such duties in Singapore, this decision should be of particular interest to IPO managers in Singapore.
  • Enforceability of Restraint of Trade Clauses: An Update

    When is a restraint of trade clause enforceable? The High Court has issued a timely reminder in the case of Lek Gwee Noi v Humming Flowers & Gifts Pte Ltd [1] ( Lek Gwee Noi ) that the enforceability of restraint of trade clauses in employee contracts remains a fact-specific inquiry into the reasonableness of the clause, given the unique circumstances of each employee. It is not an exercise of simply using sample and past boilerplate clauses which may appear reasonable in a different circumstance.
  • Stamford Law advised TalkMed Group on their Initial Public Offering

    Stamford Law advised TalkMed Group Limited in relation to its initial public offering and listing on the Catalist board of the SGX-ST to raise proceeds of approximately S$21 million by way of a placement of 105,143,000 new shares at the issue price of S$0.20 each.
  • Stamford Law advises on S$285 million acquisition by Swissco Holdings Limited

    Stamford Law is advising on the S$285 million acquisition of Scott and English Energy Pte. Ltd. by SGX Mainboard-listed Swissco Holdings Limited, a leading marine service provider for the offshore oil and gas industry. Scott and English is in the business of owning and leasing mobile offshore drilling units and service rigs for exploration and production activities.