GACO Event - Launch & Presentation to the Press of the GACO Gibraltar Corporate Governance Code - 20th March 2025

Good corporate governance is the responsibility of every board of directors and can be instrumental in helping businesses with a clear strategic direction and long-term success. GACO has introduced this voluntary code to assist directors and businesses to pick their way through laws and regulation and ensure the adherence to sound corporate governance within their companies.
 
Many cases of corporate fraud, accounting scandals and organisational failures leading to lawsuits, resignations or even insolvency have made corporate governance an important and often discussed topic. These have often been as a result of the failure of system of checks and balances designed to prevent activities that are detrimental to the long-term welfare of the company and of its shareholders and stakeholders. Therefore, many jurisdictions have introduced formal regulations on corporate governance as well as guidelines on what would constitute good standards of corporate governance. 
 
Good corporate governance is important because it brings about many advantages to an organisation. Among other benefits, good corporate governance protects and promotes the best interest of an organisation, leads to successful operational and financial performance and protects against the risk of organisational failure or collapse. Corporate governance is thus ‘a game-changer’.
 
GACO is therefore happy to announce that it has created the Gibraltar Corporate Governance Code. It is a completely voluntary code that local companies, depending on their size and complexity can decide to fully adopt or can choose to only adopt in parts as suits them or simply follow some of its practical recommendations. 
 
We are inviting you to attend the launch of the Code. Every registered attendee will be able to obtain on situ a hard copy of the Code. Further copies will be available on future selected GACO events, and we will be happy to share a soft copy of the code with our members.

The Hon Nigel Feetham KC MP

We are very happy as well to inform you that the Minister for Justice, Trade, and Industry, the Hon Nigel Feetham KC will open this launch & press presentation event and address the audience with an initial introductory speech. 

Minister for Justice, Trade and Industry, HM Government of Gibraltar. Gibraltar Socialist Labour Party.

Previously Nigel Feetham, partner at Hassans International Law Firm, was appointed to the rank of Queen’s Counsel - now King's Counsel. The appointment was made by the Governor of Gibraltar, Lieutenant General Edwards Davis, on 5 April 2019. In 2021 Nigel Feetham QC was appointed overall head of Hassans’ Financial Services Practice.

Mr Feetham joined Hassans in 1993 and became a partner in 1999. During a career spanning over 30 years, he has specialised in setting up innovative insurance structures and has advised the Gibraltar government on insurance legislation, specifically those related to protected cell company (PCC) laws. He is considered an expert in insurance passporting and has contributed to a number of articles to Captive Insurance Times around Brexit and its potential impact on insurance passporting.

The Press

GACO is inviting local representatives of the Press to attend this event. A press release will be issued to local press representatives the day before this event. 
 
Date: 20th March 2025
Time: 17.00hrs onward
Location: Sapphire Bar, Sunborn Yacht Hotel, Gibraltar
Event Type: Drinks & Nibbles Reception
Fee: The attendance is free for registered attendees