5AMLD Implementation In Gibraltar & The Key Changes

ISOLAS LLP Partner, Adrian Pilcher, who specialises in trusts and financial services law, and Associate, Michael Adamberry, who specialises in Banking & Regulatory Services, AML and Data Protection, assisted Her Majesty's Government of Gibraltar on different aspects of Gibraltar's implementation of new EU money laundering regulations .

Commenting on the new regulations, Adrian Pilcher said:

"We expect that the banking, trust and fiduciary services sectors will see the greatest impact from the reforms, given that Gibraltar was already ahead of the curve with respect to the regulation of industry in the distributed ledger technology space. We will continue to work with industry and our clients to ensure that the new legislation achieves the outcome of full transposition, whilst remaining workable and clear".