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Gibraltar's International
Financial Services sector dates back to the enactment of the Companies
Ordinance in 1967, which made provision for a special tax regime
for offshore companies.
Gibraltar has established its own Financial Services Commission in
order to provide strong investor protection in relation to Banking,
Insurance, Fund Management and other financial services. In the important
sphere of regulation, investors can rest assured that financial services
in Gibraltar are regulated to the highest standards.
A wide range of banks provide both domestic and offshore facilities
in Gibraltar and banking confidentiality is enforced by law. There
are no exchange control restrictions in Gibraltar and the local currency
is pounds sterling although the Government also issues its own currency
notes and coins. |
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