For All Gibraltar Regulated Entities And Individuals

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...

The workshops will focus on the importance of strengthening Crisis prevention training and Safer Gambling, knowledge. In the last year, multiple operators have received hefty fines, license suspension and additional license conditions due to failures in Social Responsibility (SR) and AML. Key issues raised by the regulators included the shortcomings in customer interactions and lack of information regarding affordability and vulnerability. Bookings - Click Here Regulators expect operators...

The FCA’s Consumer Duty represents what the UK regulator terms a “paradigm shift” in its expectations of firms. The Duty introduces a new Consumer Principle, which requires firms conducting regulated activities in the UK “to act to deliver good outcomes for retail customers”. It is relevant to all firms (including those in Gibraltar) who distribute or manufacture products and/or services to retail customers in the UK. The wide-ranging rules require firms to put consumers at the heart of thei...

Gatenox CEO, Pawel Kuskowski invited Carlos M. Martins, Chief Compliance Officer and MLRO of ZUBR and Chairman of GACO (Gibraltar Association of Compliance Officers) to talk about the crypto regulatory environment in Gibraltar. Carlos discussed how Gibraltar implements a principle-based environment where companies are the ones who need to evidence how their policies, processes and procedures are complying with the regulation and how there are various pre-selectio...

Environment, social and governance (ESG) reporting: It’s new, it’s evolving and it’s all over the place. As it stands, comparability between ESG reports is low and the investors’ demand for consistency is high. While most current frameworks are voluntary, they won’t be for long. Reform, global standardization and mandatory disclosure is only a matter of time. The time has come to get prepared for ESG reporting. Let’s explore the biggest obstacles to producing ESG reports so you can start add...

Last night 7th of December 2022 the Gibraltar Association of Compliance Officers held a successful and enjoyable Gin Tasting event for its members at the Garrison Library in Gibraltar. A unique setting in the heart of town. The event gathered Gibraltar Compliance professionals for a delightful gin experience brought and presented by “Spirit of the Rock” Gibraltar, where we had the pleasure of learning the history about gin and taste some of their locally produced gins by the expert hands of ...