Financial Services

Industry

Whether you operate under Gibraltar or international regulations, RSM Gibraltar's financial services experts will guide you through the complex regulatory landscape, providing integrated solutions across the industry.

The Gibraltar financial services industry is a complex and multi-faceted landscape. Heavily regulated locally and internationally, the challenges of maintaining a profitable and compliant business have never been greater.

Reputational risk is high, and increasingly executives in financial services organisations are in the spotlight, being held personally accountable for compliance and best practice. By taking the time to understand your business and your needs, our team can help you meet and overcome these challenges.

RSM Gibraltar can conduct a Skilled Persons Review under Section 165 or Section 166 (for certain lots) if required. Regulators are increasingly writing to firms, sometimes following a supervisory visit, setting out required improvements, rather than issuing a more formal skilled person review. In these circumstances, RSM can carry out an independent review following completion of the required improvements, providing additional comfort to the regulator and assurance to the firm.

Experienced understanding

Our Gibraltar-based experts work closely on international matters through our RSM International partners and can offer support on pan-jurisdictional matters, ranging from compliance and regulatory reporting to International Accounting Standards.

We can advise on a range of matters, including:

business structuring;
statutory audit;
internal audit;
indirect tax planning and compliance;
corporate tax planning and compliance (including Foreign Account Tax Compliance Act requirements);
limited liability partnership advisory and tax;
transactions;
regulation and compliance (including skilled person reviews, regulatory reporting, and compliance reviews);
risk management;
business performance improvement consulting (including cost reduction and finance function effectiveness); and
IT advisory and consulting.

We work with a range of organisations within the industry, including:

investment management firms;
funds, including venture capital trusts, alternative investment funds, and UCITS;
stockbrokers and investment banks;
principal traders;
crowdfunding platforms;
finance companies;
corporate finance houses;
payment services companies;
independent financial advisers;
wealth managers;
insurance broking firms
banks.