Banking and finance in Gibraltar
Hassans specialises in advising investment funds and commercial banks, as well as insurance groups and other corporate clients, on establishing tax-efficient EU operations. The department is also experienced in regulatory issues in the banking sector. Leading the practice are Tony Provasoli, who is also the firm’s head of financial services, and insurance expert Nigel Feetham. They can call on the expertise of Valerie Holliday, who specialises in the financial services sector and banking legislation. The team advised Staysure on its acquisition of Avanti, and assisted Lottoland with setting up its own insurer, allowing the online betting operator flexible, direct access to the capital and reinsurance markets.
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.
Triay & Triay focuses on corporate and project finance work, as well as regulatory advice to financial institutions. The firm is also experienced in providing restructuring assistance to businesses, in preparation for Brexit. Leading the practice are Joseph E Triay, whose expertise lies in the regulatory aspects of the banking and finance sector, and expert in corporate finance and M&A Alan Buchanan. Also notable is senior associate Jay Gomez, who specialises in fintech.
TSN Barristers & Solicitors acts across the financial services and banking sector, with particular expertise in experienced investor funds, licensing of financial services businesses and regulatory advice. Brendan Murphy is a key name for the firm in this area and he specialises in private clients, funds and gaming law.