The Government says it notes, “with disappointment”, the European Parliament’s objection, today, to the entry into force of the European Commission’s decision to remove certain jurisdictions, including Gibraltar, from the EU’s list of ‘high-risk’ third-countries with strategic deficiencies as regards anti-money laundering and counter-terrorist financing (“AML/CFT”).
The Gibraltar Financial Services Commission (GFSC) has been appointed as the Resolution Authority pursuant to the Bank Recovery and Resolution Directive (BRRD), and in accordance with the Financial Stability Board’s (FSB) 2011 recommendations, and is delighted to announce the appointment of Séamus Hayes as the Commission’s new Resolution Specialist.
In another example of cooperation between the Gibraltar Defence Police and HM Customs Gibraltar, instructors from the GDP Search Team have delivered vital training to Customs personnel.