Regulatory Alerts2026-06-01
GFSC Guidance Note on Change of Control: Assessment of Acquisitions and Increases in Control
The Gibraltar Financial Services Commission issued this guidance to define controller identification criteria and assessment procedures for acquisitions under the Financial Services Act 2019. It mandates prior notification for transactions involving significant influence or aggregated holdings, including acting in concert and indirect control structures. The document details the regulator's evaluation of the proposed controller's reputation, financial soundness, and the firm's ongoing compliance with prudential requirements.
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