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The Gibraltar Funds and Investments Association (GFIA) has released the territory's first-ever guidebook to assist funds and fund managers considering establishing operations in Gibraltar.
The guidebook, drafted with both a local and international readership in mind, aims to cover matters of interest for investors, fund managers, lawyers, administrators, auditors, and other fund practitioners. It discusses Gibraltar's key offerings and tax benefits, and describes the territory's regulatory regime.
In particular, given the recent trend towards harmonization of fund law and regulation across Europe, GFIA’s guidebook highlights how Gibraltar distinguishes itself from other jurisdictions, whilst maintaining full compliance within the European Union framework.
James Lasry, Chairman of GFIA, hoped that the publication of the guidebook would "raise awareness of what is arguably the most flexible professional fund regime in Europe with the quickest time to market."
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