Building on a solid foundation

Gibraltar supplement: December 2009

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Gibraltar may be a tiny jurisdiction, but it is beginning to pack a punch. Slow, steady and careful progress, coupled with what many had seen as an obsession with regulation, may have made fund managers and promoters pass the state by in the past. Not so now.

Like other EU jurisdictions, it is beginning to attract a lot more interest. And, unlike the others, its UK overseas territory status coupled with EU membership is a plus point, particularly as more managers question the wisdom of the UK go