2024 End of Year Message

Dear Members,

As the year draws to a close, we reflect on 2024—a year of progress and achievement for Gibraltar’s funds and investment sector. It has been a year marked by significant milestones, including Gibraltar’s removal from the FATF grey list, a key achievement that affirms our unwavering commitment to international compliance standards. This development underscores our reputation as a robust and transparent jurisdiction and further solidifies our standing as a leader in financial services.

The year also saw several industry-defining moments. Derek’s insightful article on banking resonated widely, providing a forward-looking perspective on the challenges and opportunities within the sector. His work helped us navigate the evolving landscape and set a tone for the year ahead.

Our events calendar was vibrant and engaging, starting with Sustainable Investing, Alternative Investments with Paul Meadows, where we discussed innovative strategies and opportunities within this dynamic space. In June, we hosted the Fringe Event at FinTech Week London, where we explored synergies between Gibraltar’s funds industry and emerging technologies, reinforcing our position as a forward-thinking jurisdiction. We ended the year on a free event for members “Tokenisation of Assets “(December 11, 2024): GFIA partnered with GANT for a joint event providing valuable insights into the tokenisation of assets within the Distributed Ledger Technology (DLT) sector. This event was part of our ongoing efforts to stay at the forefront of emerging technologies impacting the financial services industry.

The centerpiece of our year was the Swan Lake-themed Gala Dinner held on June 19, 2024, at the Sunborn Hotel. This memorable evening not only celebrated Gibraltar's unique culture but also raised monies for Cancer Relief Gibraltar through raffles and auctions. We would like to extend our heartfelt thanks to A.M. Capurro for their generous sponsorship of the Gala, which made this event a resounding success. Their support, along with that of our members and the community, contributed to this meaningful achievement. We were delighted to welcome legal expert Seth Galia to the Executive Committee.

Additionally, at our Annual General Meeting (AGM) on July 4, 2024, we saw a change in leadership. We would like to express our sincere gratitude to James Lasry, who has led GFIA with distinction, for his years of dedicated service as Chairman. Jonathan Garcia was elected as the new Chairman and will be steering the association into the future with fresh energy and a renewed vision. We are excited about the opportunities ahead under Jonathan's leadership.

As we close out 2024, we are deeply grateful for the dedication of our members and stakeholders. Your ongoing support has been instrumental in making this year a success, and we look forward to continuing our collective efforts into 2025. Together, we can drive further growth and innovation within Gibraltar’s funds and investment sector, ensuring a prosperous future for all.

Thank you once again for your commitment, and we wish you all a joyous holiday season and a successful new year.