The Gibraltar Financial Services Commission (GFSC) is the regulatory authority responsible for overseeing financial services in Gibraltar. Established to ensure the stability, integrity, and transparency of the financial market, the GFSC regulates a broad range of financial services and institutions.
Key Functions and Responsibilities
- Regulatory Supervision: The GFSC supervises banks, insurance companies, investment firms, and other financial service providers to ensure they comply with relevant laws and regulations. This includes ensuring that these institutions operate in a safe and sound manner.
- Consumer Protection: The GFSC is committed to protecting consumers by promoting transparency and fairness in financial services. It handles complaints and provides guidance to help consumers navigate the financial market.
- Market Integrity: The GFSC works to maintain market integrity by preventing financial crime, including money laundering and terrorist financing. It also monitors and takes action against unauthorized financial activities.
