The European Council has now formally approved the UK–EU agreement in relation to Gibraltar, marking a significant step forward in defining the territory’s future relationship with the European Union. All 27 EU member states have endorsed the agreement, with provisional application…
Spain’s Removal of Gibraltar from Tax Blacklist: A Timeline of Key Events
Spain’s commitment to remove Gibraltar from its tax haven blacklist has been a subject of diplomatic and regulatory attention since 2021. The following timeline summarises the developments. March 4, 2021 Spain–UK Tax Treaty Signed Spain and the United Kingdom sign a…
What the Draft UK–EU Agreement Means for Gibraltar
Stability and Certainty. The publication of the draft UK–EU agreement in respect of Gibraltar marks an important moment for the jurisdiction. While much attention has focused on border arrangements and regional cooperation, for Gibraltar’s financial services industry and Abacus, the message…
The EU’s New AML/CFT Rulebook
What Regulation (EU) 2024/1624 Means for Your Compliance Program By Pedro Parra,Compliance Officer (Assistant Manager) On 31st May 2024, the EU adopted Regulation (EU) 2024/1624 – a significant development in the EU’s ongoing effort to strengthen its AML/CFT framework. Unlike the…
Gibraltar’s New Rules for Private Funds
What You Need to Know In May 2025,the Gibraltar Financial Services Commission (GFSC) introduced an important regulatory change that affects certain private funds. Under a newly added section of the Alternative Investment Fund Managers (AIFM) Regulations, Section 18B states that all…
The Hidden Engine Behind Every Successful Fund
by Priya Vaswani – Senior Manager at Abacus Financial Services To many investors, and even some fund promoters, a fund can seem straightforward: capital goes in, investments are made, and returns are generated. But anyone who has worked in fund administration…
New Residency Applications Gibraltar
New Residency Applications for UK and EEA Nationals Temporarily Suspended in Gibraltar On the 6th of October 2025, the Government of Gibraltar announced the immediate suspension of new residency applications from UK nationals and citizens of the European Economic Area (EEA)….
Gibraltar Removed from EU High-Risk List
A Turning Point for International Finance Gibraltar has officially been removed from the European Commission’s list of high-risk third-country jurisdictions with strategic deficiencies in anti-money laundering and counter-terrorism financing (AML/CFT) regimes. This change is not just a policy update, it marks…
What are the benefits of outsourcing your business’s payroll responsibilities?
Outsourcing your payroll can offer numerous advantages to businesses of all sizes. This strategic decision allows companies to streamline their operations and focus on their core competencies, while a specialized payroll provider takes care of the complex and time-consuming task of…
Abacus Proudly Sponsors the Gibraltar Digital & Crypto Funds Conference
As the world embraces the possibilities of blockchain and decentralized finance, Gibraltar stands at the forefront of innovation in this exciting field. Yesterday, the Gibraltar Digital & Crypto Funds Conference brought together international and local experts, delegates, and enthusiasts to explore…