GACO is pleased to announce its latest virtual training session which will be delivered free to our members.

Risk assessments are fundamental to the effective implementation of a risk-based approach to AML/CFT. A national risk assessment is key for a jurisdiction to comply with the FATF standards, and business risk assessments are required for entities to meet local obligations.

Delivering the training will be Nicky Gomez and Nathan Catania from XReg Consulting. XReg is a consultancy firm in Gibraltar founded by former GFSC regulators that specialises in regulatory compliance.

Further to the Cybersecurity seminar which was due to have taken place on 25th March 2020 and which we had to cancel in view of the current COVID-19 crisis, we have re-scheduled this to now take place by online webinar.

The re-scheduled event will now be held next Wednesday 29th April at 10.00hrs CET and will be free of charge.

Should you wish to register for this event, please do so below:

https://www.gaco.gi/free-cybersecurity-seminar 

The Chartered Institute for Securities & Investment (CISI) and the Gibraltar Association of Compliance Officers (GACO) are delighted to announce a collaboration aimed at strengthening the culture, integrity and professionalism of financial services markets and practitioners.

The confirmation will mean that reciprocal arrangements will be in place for members of both organisations to access mutual qualifications, membership and continuing professional development (CPD) content.

This is an opportunity to join a successful insurance company and highly-skilled team, who offer long term career growth. Haven are a successful insurance company with a strong growth strategy and this role is well suited to an individual that is looking to advance their career in compliance. You will be operating the Company’s compliance, risk and corporate governance frameworks, ensuring the Company comply with all applicable legislation and regulations.

Haven is committed to developing members of its team, and provides funding for relevant training and qualifications.

The risks to your business as a result of cybercrime is growing daily and we are seeing fundamental changes in attitudes and approaches to compliance, regulatory control and security from both companies and government bodies. Therefore, to ensure we stay up to date with the developments GACO has asked Peter Bassill, Gibraltar’s only resident Cyber Security Researcher, to make predictions on the state of Cyber Security, the real World risks and what you need to do to protect your business in 2020 and beyond.

2020 should be the year of perfect vision. If only it were that simple for financial services risk and compliance officers to foresee the challenges the coming year will bring.

Download the PDF guide here. 

The legal and regulatory obligations relating to the management of anti-money laundering, sanctions, counter-terrorist financing, and anti-bribery and corruption are constantly being updated to ensure effective identification and mitigation of financial crime risks.

For both the financial services and the gaming industry, having employees and management with appropriate knowledge and awareness of the financial crime controls that need to be in place and any regulatory developments is paramount. For this reason, GACO is committed to offering annual anti-money laundering training and counter-terrorism financing and is happy to invite you to attend this year’s sessions which shall be delivered by David Parody.

The core role is the compliance oversight of the activities of three Gibraltarbased insurance companies; Markerstudy Insurance Company Ltd, St Julians Insurance Company Ltd and Zenith Insurance PLC. You will be the first point of contact with the GFSC and other regulatory bodies. The main
responsibilities are:

Compliance positions currently available in Gibraltar. Please visit www.fcr.gi for more information or contact paul.collins@fcr.gi.

Compliance Administrator – salary £20000 / £23000

Looking for someone who is highly organised, able to prioritise work therefore excellent time management skills. Excellent attention to detail to be able to analyse data quickly and accurately. A person who has an interest in compliance and risk and is able to build collaborative relationships internally and externally.