Financial Services Commission

The Commission is a statutory body corporate established by the Financial Services Commission Ordinance, 1989.

The functions of the Commission are to keep under review the operation of Gibraltar legislation and the effectiveness of supervision of financial services; to monitor the extent to which Gibraltar legislation and supervision complies with European Union obligations and supervisory standards governing financial services in the United Kingdom where Community law applies; to protect the public against financial loss arising out of dishonesty, incompetence or malpractice; to advise the Government of Gibraltar and the Government of the United Kingdom on matters concerning financial services; and to draw up codes for regulating the terms of service of persons employed by the Commission.

The Commissioner, who is also the Commissioner of Banking and the Commissioner of Insurance, is the chief executive officer of the Commission and is charged with the responsibility of supervising institutions carrying on finance business in or from within Gibraltar. He is required to ensure that such supervision complies with any applicable obligation Gibraltar has as a constituent of the European Union and to establish supervisory standards that match those required by legislation and supervisory practice governing the provision of financial services within the United Kingdom.

"The FSC is committed to the ISO9001:2000 registration as a means of demonstrating to our stakeholders our commitment not only to regulatory standards but also to maintaining a management system consistent with international standards.
To this end, our staff receive training and development and regular reviews take place to ensure that the objective of continual improvement is achieved”.

Marcus Killick
Commissioner
9 November 2004

For more information please contact:

Financial Services Commission
PO Box 940 Suite 943 Europort Gibraltar
(+ 350) 200 40283	(+ 350) 200 40282
info@fsc.gi
www.fsc.gi