The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

ISOLAS LLP

PORTLAND HOUSE, GLACIS ROAD, GIBRALTAR
Tel:
Work +350 2000 1892
Fax:
Fax +350 2007 8990
Email:
Web:
www.gibraltarlawyers.com
Gibraltar, Sotogrande

Joey Garcia

Tel:
Work +350 2000 1892
Email:
Web:
www.gibraltarlawyers.com
ISOLAS LLP

Work Department

Financial Services

Position

Partner - Funds & Financial Services.

Career

Joey has built up a strong Financial Services practice advising on a variety of structures and solutions to an international client base which includes, funds, investment managers, e-money institutions, banks as well as family offices and larger private clients.

He has also been at the forefront of developments in the various aspects of business in the fintech space, including digital currency, blockchain and distributed ledger technology in Gibraltar. He co-chairs the Gibraltar Government working group/think tank on digital currencies. He has been involved in advising a number of blockchain start ups and businesses crossing over from the blockchain into the financial services space and is one of the thouight leaders involved with the Fintech think tank established by the firm, thinkFintech.gi.

He was elected as the Chairman of the Gibraltar Funds & Investments Association (GFIA) for the years 2014-2016 and is ranked by Chambers and Partners and IFLR and acknowledged as being 'a highly acclaimed funds expert.' The 2014 Legal 500 reports that Joey is 'extremely professional, commercially aware and strongly client oriented.' He has been involved with the Gibraltar Finance Centre as a moderator and speaker on various Seminar Programs and has contributed to a number of Hedge Fund publications including the Reuters European Reference series on Hedge Funds. Joey also sits on the Financial Services Commission (the Gibraltar Regulator) MiFID II working group and previously on the AIFMD working group. He was also the author of the Corporate Governance Code for Gibraltar Collective Investment Schemes and worked on a secondment within the Financial Services Commission during the latter part of 2013 in relation to AIFMD related technical issues.

Joey was extensively involved in the set up and ongoing operation of the Kusuma Trust (Gibraltar), a large charitable organisation, as a Trustee, and was one of the founders of the Gibraltar Philanthropy Forum. He is licensed by the Financial Services Commission to act as an Experienced Investor Fund Director and Company Manager.

Joey currently forms part of the Gibraltar Financial Services Commission (FSC) working group on MiFID II examining the implementation of MiFID II and other post Brexit implications for Gibraltar. He currently co-chairs the Gibraltar Government working group/think tank on digital currencies which is seeking to recommend a policy and framework in respect of Gibraltar’s position on digital currencies, as well as the Gibraltar Fintech Think Tank (thinkFinTechGi).

He was also involved in the preparation of the regulatory Guidelines for the establishment of a special purpose vehicle (SPV) under the Insurance 



Languages

English, Spanish.

Member

Honourable Society of the Inner Temple Council Member of The Gibraltar Bar Council Gibraltar Funds & Investment Association The Society of Trustee and Estate Practitioners Chartered Alternative Investment Analyst Association (enrolled).

Leisure

“Prior to his career in law Joey spent time working with Jesuit missions in Argentina and Cuba, and with the marketing department of Ralph Lauren in London. Joey is also a keen rugby fan and plays for the Gibraltar Rugby team on a weekly basis. He can often be spotted hobbling around the office on a Monday morning claiming that age is not an issue for rugby players." Read all about his exploits with the Pillars of Hercules 7s rugby team. Joey is a keen triathlete and completed his second IRONMAN event in September 2012.


Gibraltar

Banking and finance

Within: Banking and finance

ISOLAS LLP is known for its ‘good commercial understanding’ and ‘deep knowledge of financial legislation’. Particular areas of expertise for the firm include fintech and financial services licensing, and it is also ‘excellent in litigation’. The practice is jointly led by Christian Hernandez, who specialises in corporate, real estate and shipping finance and Joey Garcia, who is an expert in cryptocurrency and distributed ledger technology regulations. Also notable is the ‘extremely reliable’ Christian Caetano, who has ‘a wealth of knowledge in the area of financial services law’ and was promoted to partner in 2018. The team advised GVC Holdings, the multinational sports betting and gaming group, on a €320m senior secured term and revolving facility. In another highlight, the department acted for Xapo on its e-money license application, allowing it to provide electronic money custodial and transfer services. Other clients include LiveSource, Gnosis and BetVictor. Christian Rocca left the firm in early 2019 to become Director of Public Prosecutions for Gibraltar.

[back to top]

Investment funds

Within: Leading individuals

Joey Garcia - ISOLAS LLP

Within: Investment funds

ISOLAS LLP assists private clients, family offices and international investment managers with the structuring and set up of Gibraltar-based funds. The firm also has experience in the promotion of collective investment schemes and advising on UCITS directives. Investment funds and fintech expert Joey Garcia is notable in the area.

[back to top]

TMT

Within: Leading individuals

Joey Garcia - ISOLAS LLP

Within: TMT

ISOLAS LLP works across the field with a particular expertise in blockchain, DLT and cryptocurrency-related matters. Joey Garcia, who specialises in fintech and is active for funds, e-money institutions, banks and large private clients, is the key name. Christian Caetano and Adrian Pilcher recently acted for the government of Gibraltar on the drafting of legislation to bring into effect heightened network and information systems security measures. Also notable in the team is Peter Isola.

[back to top]


Back to index

Legal Developments by:
ISOLAS LLP

  • Gibraltar’s new fund regulations

    Gibraltar introduced its new Experienced Investor Fund Regulations on the 12th April 2012 with the aim of continuing to develop the jurisdiction as an alternative EU Fund Domicile and further enhance the list of incentives which makes Gibraltar, in our view, the European domicile of choice for Alternative Investment Funds.
    - ISOLAS

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.