Financial Services Commission
Financial Services Commission
Established under the Financial Services Act 2019, the Gibraltar Financial Services Commission “GFSC” regulates the financial services industry in Gibraltar and whose aim is to protect consumers, enhance the reputation of Gibraltar as a quality financial services centre, and promote good business.
The GFSC supervises a broad range of firms including: auditors, banks, company managers, e-money institutions, professional trustees, payment services providers, funds and fund service providers, insurance companies, managers and intermediaries, investment firms, and insolvency practitioners. Firms that wish to do business in or from within Gibraltar must meet GFSC standards and criteria both at application stage and on an on-going basis.
GFSC supervisory work focuses primarily on the way firms are operated and governed, and the identification of risks to consumers and the reputation of the jurisdiction more generally.
All insurance and other financial legislation, newsletters and guidance notes can be found on the GFSC's website at www.fsc.gi.
The Financial Services Commission is a statutory body corporate, established by the Financial Services Act 2019. The Commission is the regulatory and supervisory authority responsible for all Gibraltar financial services, including insurance.
The Commission is composed of the Chief Executive and eight members, and the objectives of the Commission are:
The promotion of market confidence
The reduction of systemic risk
The promotion of public awareness
The protection of the good reputation of Gibraltar
The protection of consumers
The reduction of financial crime
The Financial Services Commission’s mission is to promote good business, aiming to achieve speed to market whilst preserving Gibraltar’s good reputation as a financial centre.
The FSC is located at:
Financial Services Commission
PO Box 940 Suite 3
Ground Floor
Atlantic Suites
Europort Avenue
Gibraltar
www.fsc.gi
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