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The Financial Action Task Force (FATF), the global anti-money laundering watchdog, announced the welcome news on 23 February that Gibraltar had been removed from its ‘grey list' of jurisdictions subject to increased monitoring.

Another factor in our spring clean is to consider the impact of a volatile exchange rate.

The Alternative Investment Funds Managers Directive ("AIFMD" and / or the "Directive") has dichotomised the funds industry into EU and non-EU funds jurisdictions.

An oral hearing before the European Court of Justice was conducted on March 14 in a case dating back to 2004 that involves the government of Gibraltar and the European Commission.

In more youthful days, the New Year generally meant weeks of ruined cheques and letters as I continued, by force of habit, to write the previous year in the allotted spaces.

Where does the time go? As you read this article, dear reader, we will have just said goodbye to 2015 and moved into the second half of this decade – already!

Much about the way business is done has changed since the budget a few months ago, and it would be easy to overlook the structural changes announced.

I imagine that many readers would be surprised if my piece this month did not look at implications of the recent "Brexit" referendum, when the UK electorate dramatically voted to leave the EU.

So, The Gibraltar Magazine has completed its twentieth year of continuous publication. Two decades would be an impressive achievement in almost any epoch but, given the digital tsunami that has swept over the publishing terrain in this particular era, it is most definitely something to celebrate.