Minister Resets Policy Working Group

The Minister for Justice, Trade and Industry, Nigel Feetham KC , has announced the reconstitution of the Government of Gibraltar Policy Working Group set up in April 2022, that will now become a specialized Think Tank to concentrate on product development within the financial sectors in Gibraltar. The Think Tank will specifically focus on reviewing existing financial products, identifying areas for improvement, and exploring new additions.

Jonathan Garcia, Partner at ISOLAS LLP, was one of six appointees to the Financial Services working policy group back in 2022. Commenting on the reconstruction of the working group, Jonathan said: “It is a privilege to continue to form part of this policy working group and I look forward to working together and futher cement Gibraltar’s position at the forefront of the global financial services sector.

STEP – Business Families Global Steering Committee

ISOLAS Partner, and Gibraltar’s Branch Chairman, Adrian Pilcher, was recently elected to STEP’s Business Families Global Steering Committee.

Established in 2007, the Business Families Global Steering Committee focuses on what makes business families distinct, their challenges and how to best address them.

STEP is a global professional body, with more than 21,000 members comprising lawyers, accountants, trustees and other practitioners that help families plan for their futures.

Read more here .. Business Families Global Special Interest Group | STEP

 

Safe and Healthy Work in a Digital Age

ISOLAS Partner the Hon Neil Costa was invited by His Majesty’s Government of Gibraltar to speak at their annual Health and Safety Seminar that focused on the theme of ‘Safe and Healthy Work in a Digital Age’. At the seminar, Neil spoke on the legal aspects of Bullying in the Digital Space and Digital Working 24/7 highlighting the legislative duties imposed on employers to ensure the health, safety, and welfare of their employees. For any further information on the above please email neil.costa@isolas.gi

Presentation to the Chamber of Commerce

It was great to host the Chamber of Commerce at our offices yesterday where our employment litigation specialists Mark W. Isola KC and Nick Isola delved into and provided their insight to:-

1. The background to the Employment (Bullying at Work) Act 2014, how it compares to protections available in other jurisdictions and the defences available to employers in the event of a claim. There was a particular emphasis on the need for businesses to ensure that their Bullying Policies fully comply with the Act, particularly the on-going requirements which are often overlooked, so that they can avail themselves of the all-important section 6(5) statutory defence under the Act.

2. Why businesses should be concerned about any increase to the statutory redundancy ceiling from 52 weeks’ pay to 78 weeks’ pay when existing statutory entitlements in Gibraltar are already materially more favourable to employees in Gibraltar when compared to England and Wales.
3. The background to the introduction to the Employment (Trade Union Recognition) Regulations 2023 with a detailed analysis of the processes involved, and the employer’s duties, under those Regulations.

Mark and Nick have drafted an article on the Employment (Bullying at Work) Act 2014 which we will be releasing shortly. If you or your business would like to be kept informed of this and other areas of law that we specialise in, please subscribe to our weekly newsletter by clicking here https://bit.ly/3Q0jTEk . Wishing you all a very Happy Christmas!

ISOLAS to host Chamber of Commerce Employment Seminar

ISOLAS Partner Mark W. Isola KC and Senior Associate Nick Isola are delighted to host the Chamber of Commerce seminar on the legislation relating to trade union recognition which was passed earlier this year.

Details of the seminar as follows:

Date: Tuesday 5th December 2023
Time: 09.30am – 11.30am
Place: ISOLAS LLP, Portland House, Glacis Road.

Places are limited and will be allocated on first come, first served basis. If you would like to attend please register with the Chamber of Commerce at info@gibraltarchamberofcommerce.com with your name, contact number and the number of people from your organisation who would like to attend. Please use “CHAMBER SEMINAR” in the subject box.

We look forward to welcoming you at our offices.

Private Client Gibraltar

Partner Emma Azopardi Lejeune exclusive contributor to Lexology Getting The Deal Through on Private Client Gibraltar, where she covers various topics relevant to private clients who wish to have a presence in Gibraltar. Read more here .

Crypto AM Council Launched

ISOLAS Partner, The Hon Albert Isola MP, has been invited to join the Advisory Board of the newly launched Crypto AM Council which has been set up to support the digital asset industry in the United Kingdom. Crypto AM was launched by James Bowater some five years ago to showcase cutting-edge technologies like AI, blockchain, crypto, DeFi, distributed ledger technology, and tokenization to the traditional finance readership of City A.M. James has been a regular visitor to Gibraltar and a supporter of Gibraltar’s DLT legal and regulatory framework. The introduction of Crypto AM Magazine in June 2022 received acclaim globally.

Albert commented “I am delighted to have been invited to join the Advisory Board of the Council along side such distinguished colleagues in the world of digital assets. I had the honour of leading in 2017 the development of Gibraltar’s groundbreaking Distributed Ledger Technology framework, and have continued to support its development since that time. Technology in finance is here to stay and the use of digital assets will continue to become more mainstream in its application. Early-stage technologies benefit greatly from awareness and discussion to foster wider adoption. This appointment provides an excellent platform to continue this work in support of the Industry. I look forward to working and collaborating with James and my colleagues in the Advisory Board.”

Read the full article here

MoneyVal Inter-Agency Working Group

Following the announcement by the Financial Action Task Force (FATF) President last week on the proposed MoneyVal Onsite Inspection to Gibraltar, the Hon Nigel Feetham KC MP chaired a meeting yesterday morning of the MoneyVal Inter-Agency Working Group to review and consider the preparations for this visit.

ISOLAS Partner, The Hon Albert Isola, said: “Nigel has kindly invited me to support his work on this important matter for our Jurisdiction which will draw on my knowledge and experience of this process. It is a sensible transition. I have been hugely impressed by his grasp of the detail on these issues so quickly and his leadership on the way forward. It augurs well for the future!”

Ship Arrest Seminar 2023

Partner Christian Hernandez and Head of Shipping at ISOLAS LLP, will be speaking at the Ship Arrest Seminar 2023: Navigating the Waters of Maritime Law hosted by Lloyds Maritime Academy.

Christian is acknowledged as one of the leading lawyers in Gibraltar in the fields of admiralty and shipping law.

He is recognised as a leading lawyer by Chambers and Partners and has been admitted to the Legal 500’s “Hall of Fame”. A ranking for individuals who have received constant praise from their clients for their continued excellence and who are at the pinnacle of the profession and area of expertise.

This seminar is an exceptional opportunity that brings together industry leaders, legal experts, and professionals to delve into the complex world of ship arrest proceedings, strategic alternatives, and practical considerations.

To register and secure you seat click here 

ISOLAS LLP Congratulates Associate Louise Anne Turnock on her achievement

ISOLAS LLP Congratulates Associate Louise Anne Turnock, who has successfully completed the Professional Certificate of Competence in Gibraltar Tax, achieving a distinction at the University of Gibraltar.

ISOLAS LLP CEO Marcus Killick OBE said “ We are tremendously proud of our associates’ accomplishments and acknowledge their hard work to achieve them. As an organisation, we are keen to emphasise our commitment in the development of our people and recognise the value in supporting them through their studies, that will not only develop their professional knowledge and expertise, but also ensure that our clients receive top-class advice. “