The Regulator – The Gibraltar Financial Services Commission
The Gibraltar Financial Services Commission “GFSC” regulates the financial services industry in Gibraltar. Their 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, insolvency practitioners and DLT firms. Firms that wish to do business in or from within Gibraltar must meet the prescribed standards and criteria both at application stage and on an on-going basis. Their supervisory work focuses primarily on the way firms operate and are governed, and on the identification of risks to consumers and the reputation of the jurisdiction more generally.
The GFSC wants consumers to have access to financial services products that meet their needs, from competent firms they can trust. Their Mission is to provide financial services regulation in an effective and efficient manner in order to promote good business, protect the public from financial loss and enhance Gibraltar’s reputation as a quality financial centre. Their Mission statement sets out their core purpose.
Underpinning the Vision and Mission statements are regulatory objectives that are set by statute. These 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 FSC is located at:
Financial Services Commission
PO Box 940 Suite 3
Tel +350 200 40283
General E-mail: email@example.com