For All Gibraltar Regulated Entities And Individuals

In accordance with clauses 8.3, 9.5 and 16.1 of the Constitution, notice is hereby given that the Annual General Meeting will be held at 12.00hours on Tuesday 27th June 2023 online via GoToMeeting Application. Bookings - click here AGENDA 1. Approval of the minutes of the 2022 Annual General Meeting held on 22nd  June 20222. Chairperson’s Report3. Treasurer’s Report4. Training Committee Report5. Ratification of Executive Committee Actions6. Election of Executive Committee for calendar year...

According to the Organisation for Economic Co-operation and Development (OECD), money laundering through real estate is one of the oldest known ways to move and hide illicit funds. Property companies need robust AML compliance policies and real estate professionals need regular up-to-date training. We all have read in the press that several local Real Estate Agents have recently been fined for non-compliance with the local AML regulation. This clearly highlights the need for a thorough AML/C...

A report from the ACFE (Association of Certified Fraud Examiners) shows that a company loses at least 5% of its annual income as a result of internal fraud. Moreover, 23% of the fraud committed by employees involves a loss of at least € 850,000. Internal fraud can therefore cause a great deal of damage to your company. Internal controls and clear procedures undoubtedly limit the risk of internal fraud, but these systems are not always able to cope with employee conspiracy. Bookings - click ...

Save the Date: The Gibraltar Financial Intelligence Unit will be hosting a Project Nexus event on Thu 18th May at 1400hrs at the University of Gibraltar. Don’t miss out on the chance to hear from law enforcement experts on counter terrorist financing. You will gain valuable insights in the latest trends and typologies. More details will follow soon! Sign up for FREE! Book Now - Click here

As reported by the UN, environmental crimes, are among some of the most profitable and easy forms of criminal activity, are continuously rising by 5-7 % annually representing likely the fourth largest criminal area in the world.  According to FATF, environmental crimes is generating around USD 110 to 281 billion in criminal gains each year.  In this session, the Gibraltar Compliance Association will join Hassan Zebdeh, Eastnets’ Financial Crime Advisor, to provide key insights on the latest d...

GACO is happy to announce its upcoming MLRO Masterclass. Money Laundering Reporting Officers (MLROs) act as the focal point within regulated entities for the oversight of all activity relating to anti-money laundering, counter terrorism and counter proliferation financing (AML/CTF/CPF). Therefore, MLROs need to be equipped with sufficient expertise and knowledge to fulfil their legal obligations. In a current rapidly evolving regulatory landscape, it is crucial for MLROs to continuously stay...