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”).
Sovereign Group, the independent, international wealth management, retirement planning and corporate/trust services provider, has acquired MW Pensions Ltd. (MWP), an FCA-regulated business that specialises in Self-Invested Personal Pension (SIPP) schemes.
Plans by Barclays bank to close its remaining operations in Gibraltar will leave local residents and business "high and dry", warns Unite - the trade union for bank workers.