In Gibraltar, the Financial Services Commission (FSC) is responsible for the supervision, licensing and regulation of all companies and individuals who offer financial services or products to the public.
The FSC ensures that financial services in Gibraltar are regulated to a standard matching the level of the EU and the UK.
Gibraltar has implemented EU laws covering every aspect of financial regulation. As a result, Gibraltar has the permission to passport banking, financial services and insurance business to the EU (and the UK).
Furthermore, Gibraltar has consistently implemented EU legislation to fully comply with all directives on combating money laundering.
The FSC is a wholly independent regulatory authority, but draws its strength from its similarity to the Financial Services Authority (FSA) in the UK.
