The Hon Albert J Isola CBE > ISOLAS LLP > Gibraltar, Gibraltar > Lawyer Profile
ISOLAS LLP Offices

PORTLAND HOUSE, GLACIS ROAD
Gibraltar
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The Hon Albert J Isola CBE

Position
Senior Partner
Career
Albert was elected into the Gibraltar Parliament on the 4th July 2013 and successfully re-elected in 2015 and 2019 with the GSLP-Liberal Alliance. Throughout this time he has held significant Ministerial responsibilities.
List of responsibilities have included;
Minister for Financial Services and Gaming; 2013 – 2023
Minister for Digital Services; 2015 – 2023
Minister for Commerce and the Port; 2015 – 2019
Minister for Town Planning; 2019 – 2022
Minister for Broadcasting, and Public Utilities; 2019 – 2023
Minister for Health and Care; 2022 – 2023
During his entire tenure Albert has held responsibility for the Financial Services and Gaming portfolios which together account for some 50% of Gibraltar’s GDP. These areas have both grown substantially during his tenure.
Of note;
He has held responsibility for financial services policy, product development, and responding to international initiatives including those on exchange of information, anti-money laundering, transparency and international tax compliance. As such he has worked closely with the financial services regulator, the Financial Services Commission and the Gibraltar Gambling Commissioner.
Particularly noteworthy is his leading role in the establishment and development of the Gibraltar International Bank, a first for Gibraltar as a Government wholly owned full-service credit institution dedicating itself to retail banking for the community. The Bank managed by its Executives and with an independent Board has grown rapidly with profits for this year anticipated to reach £10M.
Albert also in 2018 launched Gibraltar’s world first legal framework for the licensing and regulation of Distributed ledger technology firms. Years ahead of any competitors and highly regarded today by all participants in the industry.
Albert has also driven significant reform in his areas of responsibility including a modern and fit for purpose new Financial Services Act (2019) updating and consolidating some 80 pieces of legislation into a new legislative framework for the Industry working closely with HMT in London and UK regulators to ensure alignment with the UK’s regulatory framework. He has also led all discussions on the Gibraltar Authorisation Regime under the UK Financial Services Act granting Gibraltar’s firms exclusive access to the UK Markets post Brexit.
Albert has also drafted a new Gambling Bill to propose to Parliament encompassing a new legal and regulatory regime for future generations of Gambling firms in the Jurisdiction. This is expected to be published shortly.
Prior to re-entering Parliament in 2013, Albert had been a Partner at ISOLAS from 1985 to 2013, to which he has now returned.
In January 2024 Albert was appointed by King Charles III to be a Commander of The Most Excellent Order of the British Empire (CBE) for services to the financial and digital industries in Gibraltar.
Albert was educated at Stonyhurst College, Lancashire (1973 to 1980) and read Law at Kingston University (1980 to 1983). He is married to Graziella and has 4 children, Albert, Georgina, Tamara and Rosie.
Languages
English, Spanish
Lawyer Rankings
Gibraltar > Fintech
(Hall of Fame)The ‘well connected’ team at ISOLAS LLP harnesses extensive experience in the fintech sector, with particularly robust regulatory expertise. A key focus for the team involves advising industry groups dedicated to the development of the regulatory and commercial framework for DLT companies, as well as acting on behalf of clients seeking regulatory authorisation. This expertise is bolstered by the return of senior partner Albert J Isola CBE
, following his tenure as Minister from 2013 to 2023, during which time he introduced the legislation for the regulation of the DLT industry. Isola leads the team alongside Jonathan Garcia, a specialist in the financial services, corporate advisory, regulatory and DLT practice areas. Stuart Dalmedo and Shakira Marsh-Finch are other key contacts.
Gibraltar > Banking and finance
ISOLAS LLP is renowned for a strong advisory practice, spanning corporate and structured finance, real estate finance and regulatory issues. The team is also well-regarded for legislative drafting, acting for His Majesty’s Government of Gibraltar. Christian Hernandez
advises leading international banks in a range of corporate finance matters, Christian Caetano specialises in insurance and financial services and James Montado ‘delivers high quality representation’ in regulatory and contract matters. In October 2023, Albert J Isola CBE
returned to the firm as senior partner, following a sabbatical as Minister from 2013 to 2023.
Gibraltar > Commercial, corporate and M&A
ISOLAS LLP is well-equipped to advise on a range of commercial matters, harnessing notable expertise in gaming licensing, insurance and general corporate matters, as well as the DLT/fintech space. Senior partner Peter Isola
is heavily involved in corporate governance matters, Jonathan Garcia leads in the funds and fintech sector, whilst Christian Caetano is a key contact for insurance and cross-border M&A matters. Steven Caetano comes highly recommended, with a strong reputation in the gaming and M&A arenas. In October 2023, Albert J Isola CBE
returned to the firm, following a sabbatical serving as a Government Minister from 2013 to 2023.
Gibraltar > Investment funds
The team at ISOLAS LLP advises on a number of investment fund applications in the jurisdiction, as well as actively contributing to the development of the regulatory and commercial framework supporting Gibraltar’s funds sector. This is reflected in the recent appointment of practice head Jonathan Garcia as Chair of the Gibraltar Funds & Investment Association (GFIA). Senior partner Albert J Isola CBE
returned to the practice in 2023, following his tenure as Minister from 2013 to 2023.
Gibraltar > TMT
The highly regarded ISOLAS LLP leverages the deep sector expertise of its team to assist major telecommunication and gaming companies, as well as advising HM Government of Gibraltar on gaming legislation and licensing regulations. The team is led by senior partner Peter Isola
, widely recognised as a leading figure in Gibraltar’s gaming sector; e-gaming expert Steven Caetano; and Jonathan Garcia, a specialist in financial services, corporate advisory, regulatory and DLT matters. Albert J Isola CBE
has returned as senior partner, following a 10 year tenure as a Government Minister, notably responsible for financial services and gaming from 2013 to 2023.
Gibraltar > Tax
Highly regarded for its ‘personal approach’, ISOLAS LLP offers a bespoke yet comprehensive tax practice to assist major individual and corporate clients in the full gamut of tax matters. Stuart Dalmedo comes highly recommended, assisting HNWIs on the establishment of tax efficient structures and cross-border planning, as well as advising on all tax matters arising in corporate restructuring and financing matters. Adrian Pilcher advises notable clients on wealth and succession planning and family governance. Senior partner Peter Isola
and Emma Lejeune are also key contacts, whilst Louise Anne Turnock is noted as ‘a truly up and coming star in the legal sector’. Senior partner Albert J Isola CBE
returned to the firm, following 10 years as a Government Minister, where he was responsible for all financial services portfolios in Gibraltar.
Gibraltar > Gambling law
The ‘substantial’ full-service gambling law practice at ISOLAS LLP counts both governmental entities and industry bodies among its clientele, with the team regularly advising on licensing matters, commercial issues, and regulatory work. Practice co-heads Peter Isola
and Steven Caetano are described by clients as ‘top of the game’, with Isola advising on governmental legislation and regulations, and Caetano regularly acting for leading industry companies. The duo is joined by new co-head and experienced barrister Albert J Isola CBE
, former government minister for financial services and gaming, who returned to the firm in October 2023.
Lawyer Rankings
- Banking and finance Gibraltar
- Fintech Gibraltar
- Hall of Fame Gibraltar > Fintech
- Tax Gibraltar
- TMT Gibraltar
- Commercial, corporate and M&A Gibraltar
- Gambling law Gibraltar
- Investment funds Gibraltar