Multilateral Memorandum of Understanding (MMoU) and Memorandum of Understanding (MoU)
The GFSC is full signatory to the Group of International Finance Centre Supervisors MMoU.
GIFCS is a long-established group of financial services supervisors with a core interest of promoting the adoption of international regulatory standards especially in the banking, fiduciary and AML/CFT arena.
The GFSC is a full signatory to the MMoU of the International Organisation of Securities Commissions (IOSCO).
The MMoU is the first global information-sharing arrangement among securities regulators. The aim of the MMoU is to enhance enforcement capabilities and secure compliance with securities laws of the members' jurisdictions.
The GFSC has joined the International Association of Insurance Supervisors (IAIS) international supervisory cooperation and information exchange agreement.
The MMoU is a global framework for cooperation and information exchange among insurance supervisors. It sets minimum standards to which signatories must adhere, and all applicants are subject to review and approval by an independent team of IAIS Members. Through membership in the MMoU, supervisors are able to exchange relevant information with and provide assistance to other signatories, thereby promoting the financial stability and sound supervision of cross-border insurance operations for the benefit and protection of consumers.
The GFSC is a full signatory to the MMoU of the International Forum of Independent Audit Regulators (IFIAR).
The primary purpose of the MMoU is to facilitate cooperation in the exchange of information among IFIAR members regarding public oversight of auditors, including inspections, investigations, enforcement and registration.
FSRCC MoU and Internal Rules (IRs)
The GFSC is a full signatory to the MoU and IRs for the Financial Services Resolution and Compensation Committee (FSRCC).
The aim of the MoU is to formalise arrangements between the GFSC and the FSRCC in respect of cooperation and exchange of information for the purposes of fulfilling their respective roles of Competent Authority and Resolution Authority pursuant to the Bank Recovery and Resolution Directive (2014/59/EU).
The MoU and IRs are available here.
The AIFMD MoUs form an important part of the requirements following the issuance of the Directive to enable Gibraltar’s alternative investment fund managers to continue to market into Europe.
|Jersey Financial Supervision Commission||13/03/2014|
|Financial Supervision Commission of the Isle of Man||13/03/2014|
|Financial Services Commission of Mauritius||22/07/2014|
|Securities and Exchange Commission Thailand||09/09/2014|
|National Banking and Securities Commission of the United Mexican States||22/09/2014|
|Australian Securities & Investments Commission||03/11/2014|
|Swiss Financial Market Supervisory Authority FINMA||10/12/2014|
|United Arab Emirates||10/12/2014|
|Israel Securities Authority||17/06/2015|
|British Virgin Islands Financial Services Commission||30/07/2015|
|Hong Kong Monetary Authority||14/08/2015|
|Hong Kong Securities and Futures Commission||01/09/2015|
|Cayman Islands Monetary Authority||22/06/2016|
|The U.S. Securities and Exchange Commission||31/10/2016|
|Canadian Authorities: OSC, AMF, ASC, BCSC||01/12/2017|
|Securities and Exchange Board of India||12/02/2018|
|Isle of Man Financial Supervision Commission||04/12/2003|
|Malta Financial Services Authority||30/06/2004|
|Financial Services Authority, UK||27/08/2004|
|Jersey Financial Services Commission||15/10/2008|
|Commissariat aux Assurances, Luxembourg||21/07/2009|
|Royal Gibraltar Police||18/06/2014|
|Labuan Financial Services Authority, Labuan||29/08/2014|
|Guernsey Financial Services Commission||22/05/2015|
|Financial Services Compensation Scheme, UK||05/06/2017|
|Gambling Division for HM Government of Gibraltar||21/06/2017|
|Gibraltar Investor Compensation Board||31/03/2020|
|China Securities Regulatory Commission||22/12/2020|
|The National Banking and Securities Commission of the United Mexican States||17/05/2021|
|Fintech Co-operation Agreement: Hong Kong Insurance Authority||16/03/2018|
|Insurance Co-operation Supervision Agreement: The Danish Financial Supervisory Authority||23/02/2018|