Command Paper on a draft Bill for a new Gambling Act
The Government of Gibraltar issued a Command Paper on a draft Bill for a new Gambling Act on the 31st May 2022. A consultation period on the Command Paper will now take place until the end of August 2022. The gaming industry has been encouraged to provide its material and constructive responses as soon as possible. The Gambling Division will be holding workshops and consulting with the Gibraltar Betting and Gaming Association and wider stakeholders on the draft Bill during this time. We also understand that in due course, the Gambling Division will issue a licensing framework and fees document and codes of practice, including a social responsibility code, for consultation.
The Command Paper on a draft Bill for a new Gambling Act has been eagerly anticipated by the gaming industry and stakeholders for some time since the Government indicated that it was looking to modernise its legislative framework for gambling and build on the success of the Gambling Act 2005.
ISOLAS will be providing our comments and reactions to the Bill in the coming days and weeks and if in the meantime you have any questions please do not hesitate to get in touch with us at any time.
PJI Foundation Hosts Five-a-Side Tournament in Aid of GBC
The Peter J Isola Foundation, supported by ISOLAS LLP and Fiduciary Group, held a five-a-side football tournament on Friday 29th October in order to raise funds for the GBC Open Day.
The event was a great success, with a total of 16 companies participating in the tournament.
A £200 registration fee was collected per team, with a cheque for a grand total of £3,250 presented to Jonathan Sacramento by PJI Foundation Trustee, Genevieve Bossino-Soussi.
Congratulations to the winners of the Plate, Kleinwort Hambros, and to Gibraltar International Bank, winners of the Peter J Isola Foundation Tournament.
PJI Foundation Trustee Genevieve Bossino-Soussi said: “We are delighted with the tournament’s turnout, and in particular with the amount we were able to raise in aid of the GBC Open Day. A warm thank you to all those who attended — we hope to see you all again next year!”
ISOLAS LLP Partner, Joey Garcia, to speak at Crypto Gibraltar
Isolas LLP is pleased to announce that Joey Garcia, who heads up the firm’s DLT and wider Fintech practice, will be speaking at the Crypto Gibraltar event which is taking place over two days on 8th & 9th October 2021.
Joey will be kicking off the conference sessions on Friday, where he will be joined by Sean Kiernan, CEO of Greengage, and together they will explore recent developments in the DeFi landscape, the impact this is having on centralised financial service providers, and the legal and regulatory challenges that actors in this space need to be aware of.
This represents one of the first major crypto events since the pandemic began, and we’re looking forward to welcoming interested stakeholders to see and hear more about the growing crypto and DLT ecosystem in Gibraltar.
For further information about the event, please visit: www.cryptogib.gi.
ISOLAS LLP and Fiduciary Group Receive GibSams Wellbeing Award
The GibSams Wellbeing Recognition Awards took place on the 2nd October at the Gibraltar Convent. These awards aim to shine a light on local companies who are taking strides towards bettering their working environments to support their employees’ mental health.
Our team at ISOLAS and Fiduciary Group are honoured to have been a recipient of the GibSams Wellbeing in the Workplace Star Award, for maintaining and developing our wellbeing programmes for a consecutive year, whilst supporting staff during the pandemic.
Employee wellbeing is more than just physiological or mental ill health; it’s about caring for the individuals that make up a workplace by engaging with them and exploring ways to optimise their working environment. This is something we are proud to have been recognised for and which we aim to continue evolving going forward.
HR Director at ISOLAS LLP, Hayley Xerri, commented: “It’s an honour to have been presented with another award from GibSams recognising our continuous efforts to support employee wellbeing throughout the last year. We have worked hard to ensure that employee wellbeing, both psychological and physical, always forms part of the wider business agenda, particularly through the very challenging COVID-19 lockdown period and subsequent return to the office. We will continue to prioritise employee wellbeing over the coming months ahead, and I look forward to implementing further wellbeing initiatives within ISOLAS and Fiduciary in order to benefit our staff.”
The Information Rights, Data Protection and Privacy Team at ISOLAS have prepared a redline version of the Gibraltar GDPR.
This redline version of the Gibraltar GDPR has been prepared by the Information Rights, Data Protection and Privacy Team at ISOLAS LLP.
The ‘Gibraltar GDPR’ is defined in s.2 of the Data Protection Act 2004 (as read with s.2(1B)(a)). Essentially, it is Regulation (EU) 2016/679 (“EU GDPR”), read with certain modifications, in order to ensure that post-Brexit, the EU GDPR (with such modifications) can still form part of Gibraltar law by virtue of section 6 of Gibraltar’s European Union (Withdrawal) Act 2019.
The Gibraltar GDPR has not to date been published as a separate document. Instead, it is contained as modification instructions in Schedule 1 to the Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019 (“the 2019 Regulations”).
Reading Schedule 1 of the 2019 Regulations side by side with EU GDPR becomes impractical, and we have therefore prepared this redline version to assist our clients and other stakeholders.
Please note it is not a formal legislative act, but a document we have prepared only for information/research purposes and due to popular demand. We hope users will find it useful when applying Gibraltar GDPR.
For any queries or concerns arising as a result of this document, our Information Rights, Data Protection and Privacy team at ISOLAS LLP will be more than happy to assist.
To receive the full PDF, please complete the form below.
ISOLAS LLP and Fiduciary Group Staff Contribute £1,680 to Cancer Relief
This week ISOLAS LLP and Fiduciary Group met with Rowena Wallace, Fundraising Communications and Events Manager at the Cancer Relief Centre Gibraltar, to present a cheque for £1,680.
The monies have been raised over the last 12 months through a pioneering payroll initiative launched in 2017, that saw an automatic deduction of £2 (or more, at the employee’s discretion), made from subscribing employees’ salaries on a monthly basis to a chosen charity each year. As a result, a number of other local firms have also got on board, introducing this scheme into their workplaces.
ISOLAS and Fiduciary staff are pleased to have been able to contribute to such a worthy cause as the Cancer Relief Centre.