Aug/Sept/Oct 2015 Volume 21/ Number 3

Total Page:16

File Type:pdf, Size:1020Kb

Aug/Sept/Oct 2015 Volume 21/ Number 3 GIBRALTAAug/SeptR /Oct 2015 INTERNATIONAL FINANCE n INVESTMENT n BUSINESS The changing face of insurance in Gibraltar www.gibraltarinternational.com we keep the wheels turning Gibraltar’s Lawyers Since 1905 Triay & Triay, 28 Irish Town, Gibraltar 5FM t'BY [email protected] t www.triay.com Sponsors Gibraltar International Magazine is grateful for the support of the finance industry and allied services (with the encouragement of the Finance Council) in the form of committed sponsorship. We would like to thank the following sponsors: GIBRALTAR FINANCE Tel: + (350) 200 50011 • [email protected] www.gibraltarfinance.gi DELOITTE QUEST INSURANCE MANAGEMENT LIMITED Tel: + (350) 200 41200 • [email protected] Tel: + (350) 200 74570 • [email protected] www.deloitte.gi www.quest.gi EUROPA TRUST COMPANY LIMITED ISOLAS / FIDUCIARY GROUP Tel: + (350) 200 79013 • [email protected] Tel: + (350) 2000 1892 • [email protected] www.europa.gi Tel: + (350) 200 76651 • [email protected] www.gibraltarlawyers.com HASSANS www.fiduciarygroup.com Tel: + (350) 200 79000 • [email protected] www.gibraltarlaw.com GIBTELECOM Tel: + (350) 200 52200 • [email protected] GRANT THORNTON www.gibtele.com Tel: + (350) 200 45502 • [email protected] www.grantthornton.gi KPMG Tel: + (350) 200 48600 • [email protected] EY LIMITED www.kpmg.gi Tel: + (350) 200 13200 • [email protected] www.ey.com/gi SAPPHIRE NETWORKS Tel: + (350) 200 47200 • [email protected] PIRANHA DESIGNS www.sapphire.gi Tel: + (350) 200 45599 • [email protected] www.pdg.gi TRIAY & TRIAY / T&T MANAGEMENT CREDIT SUISSE (GIBRALTAR) LIMITED SERVICES LIMITED Tel: + (350) 2000 4000 Tel: + (350) 200 72020 • [email protected] [email protected] Tel: + (350) 200 76108 • [email protected] www.credit-suisse.com/gi www.triay.com • www.ttms.gi BANGOR BUSINESS SCHOOL BDO LIMITED Tel: + (44) 1248 365966 Tel: + (350) 200 47300 • [email protected] www.bdo.gi [email protected] www.charteredbankermba.com SG HAMBROS BANK (GIBRALTAR) LIMITED Tel: + (350) 2000 2000 TURICUM PRIVATE BANK LIMITED [email protected] Tel: + (350) 200 44144 • [email protected] www.privatebanking.societegenerale.com/hambros www.turicum.com www.gibraltarinternational.com Gibraltar International 3 Aug/Sept/Oct 2015 Volume 21/ Number 3 Contents Overseas mission p20 News p6 Gibraltar as the Gateway to Europe for Singapore Private sector setting the pace for growth and Hong Kong Budget p8 Aviation p22 Budget 2015 – Tax Measures More UK air services being targeted – but Europe remains elusive Education p10 New university aiming to be self-funding in two years Development p25 Land reclamation project fills State coffers Insurance p12 The changing face of insurance in Gibraltar Business p26 Gibraltar: Where innovation begins Funds p14 AIFMD – Two years on Taxation p28 Income Tax (Amendment) Bill 2015 Profile p16 Sunborn looks to float and relocate Business round up p30 Editorial Comment Quick wins to help economy wo new independently run State enterprises, the retail Gibraltar it is not just a case of making money. International Bank (GIB) and Gibraltar University (UniGib), Yet that is just what Gibraltar seems able to do with comparative ease! The have between them £35m of pump priming, but it is a pity not GSLP set out to increase the economy by 50% over four years, but the original Tmore time was given before launch. estimate of £1.64bn Gross Domestic Product (GDP) by December has already GIB opened in May, encountering start-up problems with suppliers for been met, Chief Minister Fabian Picardo revealed in his June Budget. Debit cards and cheque books and three weeks rather than three months to He suggested £1.65bn could well be the final outcome for 2014/15 in which test systems; UniGib, had a similarly short gestation period and opens in case he feels, it is not unreasonable to expect that the current year will produce September without any on-site accommodation, and unable to capitalise for £1.8bn nominal GDP. the coming year on potentially profitable overseas students, and new But as Minister for Employment, Joe Bossano, a long-standing parliamen - full-time degree courses. tary economic guru, noted: “For the future, to manage the same rate of growth But this is an election year and the Gibraltar Socialist Liberal Party would require that our GDP should then go from £1.8bn in 2015/16 to £2.7bn in (GSLP) government clearly felt it necessary to ensure major manifesto 2019/20.” However, ahead of this year’s election, no one is yet making such a commitments are achieved before voting occurs towards end-2015. The prediction. establishment of the bank and university are undoubtedly big achievements. Construction and related income forms a significant part of that growth, for Emphasis now will be on ensuring both institutions deliver quality results, example the near £89m upfront licence fee payment due in September for the whilst not tapping further into State coffers. GIB estimates it will be Blue Water £1.1bn development – Gibraltar’s largest projected inward invest - profitable within three years; UniGib’s government grant covers two years’ ment - and the big rise in associated PAYE income from the 900 people to work setting up and running costs. on realising the project by 2021. Ensuring both enterprises present a good deal, encourage business The worry is that temporary construction projects are fuelling much of the opportunities, and add to Gibraltar’s reputation will be critical. Both growth: ministers this year did not trumpet shares of economy held by financial organisations have a sound and experienced management board to help steer services (previously 20%) and gaming (25%), the feeling being that sectors such development, and UniGib in addition has an enviable Academic Board, with as the port and tourism, are not producing any significant growth rate. 12 education luminaries from across Europe (and Australia), assisting Information based on ageing input-output studies has been extrapolated by vice-chancellor, Prof. Daniella Tilbury. government statisticians. How GIB and UniGib both engage with the community will be key – Ray Spencer Published by No part of this publication may be reproduced without the written Gibraltar International Publications Ltd. permission of the publishers. G7 Cornwall’s Centre PMB 104, PO Box 561 Disclaimer Gibraltar Gibraltar International Publications Limited have tried to ensure that all Editorial enquiries information is accurate, but emphasise that they cannot accept responsibility for any errors or omissions, and that they accept no responsibility for [email protected] statements made by contributors or for any claim Advertising enquiries made in an advertisement. [email protected] Design [email protected] UK Agent: Tel: + 44 (0)1993 703560 © 2015 Gibraltar International Publications Ltd. 4 Gibraltar International www.gibraltarinternational.com Within the European Union Single Market News continue to seek opportunities to add greater diversity to the current insurance sector where Private sector setting the predominant class of business is UK motor insurance.” the pace for growth Earlier, Picardo revealed gaming companies paid £33.4m corporation tax last Unlike developing countries facing a series of economic “tough year (up 19%) and remote gambling duties rose to £14.1m from £11.6m (reversing the challenges” in 2015, Gibraltar’s progress continues apace – a 10% previous years’ fall), largely due to an increase rise in Gross Domestic Product (GDP) last year and only slightly in licences and higher turnover. lower rate expected for 2015 However, “modest reductions” in the total number of gaming staff to 3,423 from hat was the view of Chief Minister That is based on the £83m upfront pre - business mergers and office moves, caused a Fabian Picardo, presenting his fourth mium negotiated by the government for the 1.3% year-on-year fall in PAYE contributions Tannual budget in his current term of long-awaited Eastside development before a to £22.5m. Financial services and gaming office. Early estimates indicate GDP of construction licence is given, plus £4.75m for together account for around 45% of the £1.64bn for the year to end-March, but based “a pile of rubble” on the land that will be used economy. on experience, “it is likely that this figure will to help make a breakwater for a super yacht in any event be revised upwards”. marina in the £1.1bn project (see page 25). It LNG to aid growth Picardo expected to “comfortably is “a huge statement of confidence in our Another anticipated “great driver of exceed” his original election target of £1.65bn economy”, Picardo said. economic growth” - Liquified Natural Gas by end-March next year, maybe reaching That development involves building storage, re-gasification and LNG bunkering, a £1.8bn nominal GDP. 1,700 affordable homes with the government new industry for Gibraltar and necessary if it “Most exciting”, said Picardo, was the being only a purchaser in partnership with the is to remain the largest bunkering port in the fact that now the private sector was the main homebuyer when built. “Indeed, just the Mediterranean “as diesel slowly disappears as driver of GDP growth, including: continued sales of those apartments can provide a the fuel of choice”. The project is “likely to be rising employment – “a record high” full and considerable payment to government from the financed entirely by third parties”, although part time jobs 7% higher at 24,422 in October purchasers,” he declared. the Government anticipates having the option 2014; increases in online gaming and In managing Public Debt, the to invest, Picardo stated. financial services duty and tax contributions; Government has agreed renewal of a £50m Measures to help new business with and “very increased levels of construction” revolving loan facility with the Royal Bank of cash flow, and training costs for all with the private sector taking a greater lead.
Recommended publications
  • Part 05.Indd
    PART MISCELLANEOUS 5 TOPICS Awards and Honours Y NATIONAL AWARDS NATIONAL COMMUNAL Mohd. Hanif Khan Shastri and the HARMONY AWARDS 2009 Center for Human Rights and Social (announced in January 2010) Welfare, Rajasthan MOORTI DEVI AWARD Union law Minister Verrappa Moily KOYA NATIONAL JOURNALISM A G Noorani and NDTV Group AWARD 2009 Editor Barkha Dutt. LAL BAHADUR SHASTRI Sunil Mittal AWARD 2009 KALINGA PRIZE (UNESCO’S) Renowned scientist Yash Pal jointly with Prof Trinh Xuan Thuan of Vietnam RAJIV GANDHI NATIONAL GAIL (India) for the large scale QUALITY AWARD manufacturing industries category OLOF PLAME PRIZE 2009 Carsten Jensen NAYUDAMMA AWARD 2009 V. K. Saraswat MALCOLM ADISESHIAH Dr C.P. Chandrasekhar of Centre AWARD 2009 for Economic Studies and Planning, School of Social Sciences, Jawaharlal Nehru University, New Delhi. INDU SHARMA KATHA SAMMAN Mr Mohan Rana and Mr Bhagwan AWARD 2009 Dass Morwal PHALKE RATAN AWARD 2009 Actor Manoj Kumar SHANTI SWARUP BHATNAGAR Charusita Chakravarti – IIT Delhi, AWARDS 2008-2009 Santosh G. Honavar – L.V. Prasad Eye Institute; S.K. Satheesh –Indian Institute of Science; Amitabh Joshi and Bhaskar Shah – Biological Science; Giridhar Madras and Jayant Ramaswamy Harsita – Eengineering Science; R. Gopakumar and A. Dhar- Physical Science; Narayanswamy Jayraman – Chemical Science, and Verapally Suresh – Mathematical Science. NATIONAL MINORITY RIGHTS MM Tirmizi, advocate – Gujarat AWARD 2009 High Court 55th Filmfare Awards Best Actor (Male) Amitabh Bachchan–Paa; (Female) Vidya Balan–Paa Best Film 3 Idiots; Best Director Rajkumar Hirani–3 Idiots; Best Story Abhijat Joshi, Rajkumar Hirani–3 Idiots Best Actor in a Supporting Role (Male) Boman Irani–3 Idiots; (Female) Kalki Koechlin–Dev D Best Screenplay Rajkumar Hirani, Vidhu Vinod Chopra, Abhijat Joshi–3 Idiots; Best Choreography Bosco-Caesar–Chor Bazaari Love Aaj Kal Best Dialogue Rajkumar Hirani, Vidhu Vinod Chopra–3 idiots Best Cinematography Rajeev Rai–Dev D Life- time Achievement Award Shashi Kapoor–Khayyam R D Burman Music Award Amit Tivedi.
    [Show full text]
  • Approval of Minutes of the 1St Meeting of The
    Approved DPC meeting 11/14 24/7/14 THE DEVELOPMENT AND PLANNING COMMISSION Minutes of the 11th Meeting of 2014 of the Development and Planning Commission held at the Charles Hunt Room, John Mackintosh Hall, on 24th July 2014 at 09.30 am. Present: Mr P Origo (Chairman) (Town Planner) The Hon Dr J Garcia (DCM) (Deputy Chief Minister) The Hon Dr J Cortes (MEH) (Minister for Environment & Health) Mr H Montado (HM) (Chief Technical Officer) Mr G Matto (GM) (Technical Services Department) Mrs C Montado (CAM) (Gibraltar Heritage Trust) Dr K Bensusan (KB) (Gibraltar Ornithological & Natural History Society) Mr J Collado (JC) (Land Property Services Ltd) Mrs J Howitt (JH) (Environmental Safety Group) Mr C Viagas (CV) (Heritage & Cultural Agency) Mr J Mason (Rep Commander British Forces, Gibraltar) In Attendance: Mr P Naughton-Rumbo (DTP) (Deputy Town Planner) Miss K Lima (Minute Secretary) Apologies: None. 1 Approved DPC meeting 11/14 24/7/14 Approval of Minutes 397/14 - Approval of Minutes of the 10th meeting of 2014 held on 20th June 2014 The Commission approved the Minutes of the 10th meeting held on 20th June 2014 subject to the following amendment in bold: Minute 333/14 – page 10 JC said that if there is a solution other than having a flue, the flue should not be allowed. Matters Arising 398/14 – BA12596 – 1-2-14 Oleander Court – Proposed awning DTP said that this application was initially refused by the Commission but that the decision was reconsidered as requested by the Appeals Tribunal. He advised that the Subcommittee then agreed that hinged roller shutters similar to those in Alameda Estate were the best option.
    [Show full text]
  • Biodiversity: the UK Overseas Territories. Peterborough, Joint Nature Conservation Committee
    Biodiversity: the UK Overseas Territories Compiled by S. Oldfield Edited by D. Procter and L.V. Fleming ISBN: 1 86107 502 2 © Copyright Joint Nature Conservation Committee 1999 Illustrations and layout by Barry Larking Cover design Tracey Weeks Printed by CLE Citation. Procter, D., & Fleming, L.V., eds. 1999. Biodiversity: the UK Overseas Territories. Peterborough, Joint Nature Conservation Committee. Disclaimer: reference to legislation and convention texts in this document are correct to the best of our knowledge but must not be taken to infer definitive legal obligation. Cover photographs Front cover: Top right: Southern rockhopper penguin Eudyptes chrysocome chrysocome (Richard White/JNCC). The world’s largest concentrations of southern rockhopper penguin are found on the Falkland Islands. Centre left: Down Rope, Pitcairn Island, South Pacific (Deborah Procter/JNCC). The introduced rat population of Pitcairn Island has successfully been eradicated in a programme funded by the UK Government. Centre right: Male Anegada rock iguana Cyclura pinguis (Glen Gerber/FFI). The Anegada rock iguana has been the subject of a successful breeding and re-introduction programme funded by FCO and FFI in collaboration with the National Parks Trust of the British Virgin Islands. Back cover: Black-browed albatross Diomedea melanophris (Richard White/JNCC). Of the global breeding population of black-browed albatross, 80 % is found on the Falkland Islands and 10% on South Georgia. Background image on front and back cover: Shoal of fish (Charles Sheppard/Warwick
    [Show full text]
  • MISS WORLD 2009 - KAIANE ALDORINO (Miss Gibraltar)”
    GOVERNMENT OF GIBRALTAR “MISS WORLD 2009 - KAIANE ALDORINO (Miss Gibraltar)” WELCOME HOME CELEBRATION Thursday 17 th December 2009. Programme of Events EVENTS SUMMARY 1. Arrival at Gibraltar Airport. 2. Parade through Main Street. 3. Appearance on City Hall Balcony, John Mackintosh Square. 4. Press Conference at Rock Hotel. 5. Chief Minister’s evening reception at Rock Hotel. 6. Fireworks Display. PROGRAMME DETAILS 1. Airport Arrival . 1.1 KA arrives at Gibraltar Airport on Thursday at 4 pm on a private jet laid on for her by the Government of Gibraltar. 1.2 KA will be greeted at foot of aircraft steps by CM and Mrs Caruana, Minister & Mrs Reyes, and KA’s parents and close family members. CM will hand KA a bouquet of red and white roses (Gibraltar colours). RGR buglers will play a fanfare as she disembarks the plane. 1.3 Facilities will be available for members of the public to welcome her at airport, from a special enclosure on the tarmac next to the aircraft parking stand. Any member of the public wishing to greet KA at the airport must go to the air terminal early, no later than 3.30 pm, as they will have to be taken by bus to the aircraft parking stand. 1.4 Gibraltar flags will be issued to those members of the public attending at the airport, who wish to have them. Members of the public who attend at the airport will have time to reach Main Street to take part in the KA parade. 1.5 After spending a few minutes greeting dignitaries, family and friends, and members of the public present at the airport, KA will retire into Air Terminal to prepare for parade.
    [Show full text]
  • Brexit Referendum in Gibraltar. Result and Effect Northern Ireland7 with the Average Turnout of 70,9%
    Białostockie Studia Prawnicze 2019 vol. 24 nr 1 DOI: 10.15290/bsp.2019.24.01.07 Bartłomiej H. Toszek University of Szczecin [email protected] ORCID ID: http://orcid.org/ 0000-0003-2989-7168 Brexit Referendum in Gibraltar. Result and Eff ect Abstract: Almost complete unanimity of the small Gibraltar community during 2016 referendum on Brexit remained nearly unnoticed because of including this British Overseas Territory into “combined electoral region” with South West England where most of people were in favour of the United Kingdom withdrawing from the European Union. No political diff erences with the UK (i.e. England and Wales) but concern about future possibilities of economic development outside the Single Market stimulated an intense discussion among the Gibraltarians. Th e vision of being non-subject of the EU’s four freedoms (i.e. damage or lost present prosperity basis) would force Gibraltar to re-orientate its economic relations especially by creating and developing new trade links which could gradually replace the existing ones. Despite that Gibraltarians have consequently rejected Spanish proposals of remaining inside the Single Market for the price of sharing sovereignty between the UK and Spain. It is therefore beyond doubt that the people of Gibraltar can be characterised as more British than European. Keywords: Brexit, European Union, Gibraltar, United Kingdom Th e specifi city of Gibraltar’s referendum on Brexit expressed itself not only because it was the fi rst time for any British Overseas Territory (BOT) to participate in the United Kingdom-wide referendum but also because the Gibraltarians were straight included in the decision-making process related to one of the most important question in the UK’s modern history.
    [Show full text]
  • Panel Listing
    Panel Listing Abdus A Financial Services & Investment Banking professional, majoring in Rujubali Business & Finance as well as Economics, with more than 22 years of industry experience, having worked for a number of top financial institutions in various locations globally, namely Lehman Brothers, Standard Chartered Bank & Barclays Capital in London, New York, Tokyo and Singapore. Strong technical expertise in various traditional investment banking products as well as front to back operations knowledge, a keen supporter and advocator of new technologies and innovations (like Blockchain) that can be used in the financial markets which will enable financial inclusion and create more financial equality. Addy Crezee Bitcoin/Blockchain Enthusiast since 2013. 2014 has become the year of changes when I entered the doors of CoinTelegraph. I was working as the CMO and tried to show my best in developing growth, sales and marketing. In August 2015 I founded my own project Investors' Angel - Blockchain Investments Consultancy agency. Investors' Angel has helped to raise $800k for Blockchain-oriented startups up to this moment. Since August 2016 I have become the CEO at Blockshow by Cointelegraph focused on creating an international platform for founders to showcase their Blockchain solutions. Adrian Yeow Dr. Adrian Yeow is currently a Senior Lecturer at School of Business, Singapore University of Social Sciences (SUSS) where he teaches Accounting Information Systems and Accounting Analytics courses for the full-time Accounting programme. He earned his Ph.D. from R.H. Smith School of Business, University of Maryland, College Park in 2008. Adrian's research and consulting work focuses on the implementation and use of business systems in accounting, healthcare, and financial settings.
    [Show full text]
  • WINE LIST Welcome to Vinopolis Gastrobar!
    WINE LIST Welcome to Vinopolis Gastrobar! All our wines are available by the bottle as well as by the glass thanks to the latest wine preservation technology – the Enomatic machines in the bar area and the Bermar system behind the bar. The Enomatic wine serving system is a self-service machine that works with a prepaid card. To try a wine, please ask for assistance from our staff and they will provide you with a Vinopolis Gastrobar “Wine Card” which you can top up with credit and which will allow you to serve yourself a glass of the wine of your choice by inserting the card into the machine. Also, if you would like to purchase a bottle of wine to take home please ask to see our retail price list and do not hesitate to approach our staff for advice. We wish you a wonderful wine experience! Vinopolis Gastrobar Team SHERRY (glass 100ml) Osborne Harveys Lustau Lustau Lustau Santa Maria Bristol Fino Manzanilla Palo Cortado Cream Cream Jarana Papirusa Peninsula £2.00 £2.00 £2.00 £2.00 £4.00 £21.00 £25.00 £26.00 £26.00 £43.00 WHITE WINE (glass 125ml) H O U S E House wine Encina del Inglés Pazo Val de Vid Nosso of the week Sierras de Málaga, San Mauro Rueda, Spain by Menade Ronda, Spain Rias Baixas, Spain Rueda, Spain (Natural Organic) Doradilla, Muscat, Pedro Ximenez Albariño Verdejo Verdejo £2.75 £3.00 £3.00 £3.00 £3.00 £13.00 £14.00 £15.00 £15.00 £15.00 WHITE WINE (glass 125ml) Lindemans VOGA Sunday Bay Gregal José Pariente Bin 65 Italy New Zealand D’Espiells Rueda, Spain Australia Penedès, Spain Gewürztraminer, Chardonnay Pinot Grigio Sauvignon Blanc Malvasía, Muscat Sauvignon Blanc £3.00 £3.00 £3.00 £4.00 £4.00 £16.00 £16.00 £17.00 £20.00 £20.00 Von Reben Pierre Bouchard J.
    [Show full text]
  • The Status and Location of the Military Installations of the Member States of the European Union
    BRIEFING PAPER Policy Department External Policies THE STATUS AND LOCATION OF THE MILITARY INSTALLATIONS OF THE MEMBER STATES OF THE EUROPEAN UNION AND THEIR POTENTIAL ROLE FOR THE EUROPEAN SECURITY AND DEFENCE POLICY (ESDP) SECURITY AND DEFENCE February 2009 JANUARY 2004 EN This briefing paper was requested by the European Parliament's Subcommittee on Security and Defence. It is published in the following language: English Authors: James Rogers and Luis Simón James Rogers is D.R.S. Scholar at Pembroke College, University of Cambridge and Luis Simón is Thomas Holloway Scholar and Fellow of the E.F.S.P.S Programme at Royal Holloway, University of London. Mr. Rogers was a Visiting Fellow at the European Union Institute for Security Studies during Autumn 2008, while Mr. Simón was a Visiting Fellow at the European Policy Centre during Spring 2008. Both are completing their Ph.D.s with a focus on European Security and Defence Pol- icy. Responsible Official: Dr Gerrard Quille Directorate‐General for External Policies of the Union Policy Department WIB 06M081 rue Wiertz B‐1047 Brussels E‐mail: [email protected] Publisher European Parliament Manuscript completed on 19 February 2009. The briefing paper is available on the Internet at http://www.europarl.europa.eu/activities/committees/studies.do?language=EN If you are unable to download the information you require, please request a paper copy by e‐mail : xp‐[email protected] Brussels: European Parliament, 2009. Any opinions expressed in this document are the sole responsibility of the author and do not necessar‐ ily represent the official position of the European Parliament.
    [Show full text]
  • Brexit: Gibraltar
    HOUSE OF LORDS European Union Committee 13th Report of Session 2016–17 Brexit: Gibraltar Ordered to be printed 21 February 2017 and published 1 March 2017 Published by the Authority of the House of Lords HL Paper 116 The European Union Committee The European Union Committee is appointed each session “to scrutinise documents deposited in the House by a Minister, and other matters relating to the European Union”. In practice this means that the Select Committee, along with its Sub-Committees, scrutinises the UK Government’s policies and actions in respect of the EU; considers and seeks to influence the development of policies and draft laws proposed by the EU institutions; and more generally represents the House of Lords in its dealings with the EU institutions and other Member States. The six Sub-Committees are as follows: Energy and Environment Sub-Committee External Affairs Sub-Committee Financial Affairs Sub-Committee Home Affairs Sub-Committee Internal Market Sub-Committee Justice Sub-Committee Membership The Members of the European Union Select Committee are: Baroness Armstrong of Hill Top Baroness Kennedy of The Shaws Lord Trees Lord Boswell of Aynho (Chairman) Earl of Kinnoull Baroness Verma Baroness Brown of Cambridge Lord Liddle Lord Whitty Baroness Browning Baroness Prashar Baroness Wilcox Baroness Falkner of Margravine Lord Selkirk of Douglas Lord Woolmer of Leeds Lord Green of Hurstpierpoint Baroness Suttie Lord Jay of Ewelme Lord Teverson Further information Publications, press notices, details of membership, forthcoming meetings and other information is available at http://www.parliament.uk/hleu. General information about the House of Lords and its Committees is available at http://www.parliament.uk/business/lords.
    [Show full text]
  • Comunicado En Pdf Con Original En Inglés Incluido
    InfoGibraltar Servicio de Información de Gibraltar Aviso Fuerzas Armadas británicas en Gibraltar Los militares entregan a Gibraltar la vacuna que salva vidas Gibraltar, 9 de enero de 2021 El personal militar con base en el Reino Unido y Gibraltar apoyó hoy la entrega de miles de vacunas Covid-19 a Gibraltar. Un avión de transporte militar de la Royal Air Force entregó esta tarde seis contenedores frigoríficos de la vacuna Pfizer-BioNTech a la RAF de Gibraltar, suficiente para casi 6.000 inyecciones para salvar vidas. Tras ser cargada en un avión A400M de la RAF y transportada desde la base Brize Norton de la RAF en nombre de la Foreign, Commonwealth and Development Office, la vacuna fue entregada a efectivos del Regimiento Real de Gibraltar para su rápido transporte al Hospital de San Bernardo. Un total de 5.850 dosis de la vacuna se mantuvieron a -70⁰ C en un embalaje con temperatura controlada con 10 kg de hielo seco a bordo del A400M. Estas vacunas se utilizarán para vacunar a los trabajadores de primera línea de Gibraltar y a los miembros de mayor riesgo de la población gibraltareña. El Ministro de las Fuerzas Armadas James Heappey declaró: “Las Fuerzas Armadas del Reino Unido han dado un paso adelante para apoyar a los ciudadanos británicos, dondequiera que estén, desde el comienzo de la pandemia del Covid-19. Tras la entrega de miles de vacunas por parte de la RAF este fin de semana, los aviadores, marineros y soldados de las Fuerzas Británicas de Gibraltar están trabajando juntos para administrar la vacuna salvavidas en los brazos británicos lo más rápido posible”.
    [Show full text]
  • 3Iq Corp. to List the Bitcoin Fund (TSX:QBTC.U) on the Gibraltar Stock Exchange
    Source: 3iQ Corp. September 29, 2020 12:31 ET 3iQ Corp. To List The Bitcoin Fund (TSX:QBTC.U) On The Gibraltar Stock Exchange Gibraltar Stock Exchange Brings 3iQ’s The Bitcoin Fund to Europe’s Digital Asset Ecosystem Toronto, Canada, Sept. 29, 2020 (GLOBE NEWSWIRE) -- (Toronto Stock Exchange: QBTC.U) 3iQ Corp. ("3iQ”) has today announced the listing of 3iQ’s The Bitcoin Fund on the Gibraltar Stock Exchange, a subsidiary of the Global Stock Exchange (GSX) Group, debuting one of the world’s first regulated and exchange-traded bitcoin funds on a European regulated exchange. 3iQ is one of the leading Canadian investment fund managers focused on investing in disruptive technologies and digital assets. Having previously been approved by the Ontario Securities Commission and listed and traded on the Toronto Stock Exchange – a top 10 global exchange – The Bitcoin Fund is designed to provide investors with institutional level access to Bitcoin without the burden of buying and safekeeping coins, while unearthing unique opportunities for long-term capital appreciation. A leading crypto platform Gemini is fulfilling the custodian functions of the bitcoins held in the fund. Aaron Payas, Partner at Hassans law firm in Gibraltar, and his team have acted as legal advisor to 3iQ and prepared the listing documentation. Fort Capital Solutions, based in London, shall be assisting 3iQ in future capital raises in the UK and other jurisdictions and can be contacted for further information. Fred Pye, President and CEO of 3iQ said, “Finally, sovereign wealth funds, pension funds, and the many reputable financial institutions that are restricted to buying licensed, regulated, major exchange-listed products, now have access to the world’s only regulated, exchange-traded in Canada, publicly listed bitcoin fund.
    [Show full text]
  • Defence and Security After Brexit Understanding the Possible Implications of the UK’S Decision to Leave the EU Compendium Report
    Defence and security after Brexit Understanding the possible implications of the UK’s decision to leave the EU Compendium report James Black, Alex Hall, Kate Cox, Marta Kepe, Erik Silfversten For more information on this publication, visit www.rand.org/t/RR1786 Published by the RAND Corporation, Santa Monica, Calif., and Cambridge, UK © Copyright 2017 RAND Corporation R® is a registered trademark. Cover: HMS Vanguard (MoD/Crown copyright 2014); Royal Air Force Eurofighter Typhoon FGR4, A Chinook Helicopter of 18 Squadron, HMS Defender (MoD/Crown copyright 2016); Cyber Security at MoD (Crown copyright); Brexit (donfiore/fotolia); Heavily armed Police in London (davidf/iStock) RAND Europe is a not-for-profit organisation whose mission is to help improve policy and decisionmaking through research and analysis. RAND’s publications do not necessarily reflect the opinions of its research clients and sponsors. Limited Print and Electronic Distribution Rights This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited. Permission is given to duplicate this document for personal use only, as long as it is unaltered and complete. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial use. For information on reprint and linking permissions, please visit www.rand.org/pubs/permissions. Support RAND Make a tax-deductible charitable contribution at www.rand.org/giving/contribute www.rand.org www.rand.org/randeurope Defence and security after Brexit Preface This RAND study examines the potential defence and security implications of the United Kingdom’s (UK) decision to leave the European Union (‘Brexit’).
    [Show full text]