On Wednesday we saw members and observers of the association take part in collaborative meeting to discuss matters surrounding Market Integrity – an important topic which needs to provide protection to local businesses, the jurisdiction and our customers.
The GFSC is considering adopting a 10th principle on market integrity but before doing so they have engaged with GANT to ensure that it is fit for purpose and addresses the needs of the industry. Work will now continue in a collaborative effort to provide the solutions and guidance needed for the proposed 10th principle.
We would like to send a big thanks to the members and observers of the association who took part in yesterday’s meeting . Working as a collective strengthens the local industry and will drive the innovation we would like to see. A special thanks as well to the Gibraltar Blockchain Exchange for hosting us.
On Wednesday 28th of August the GANT executive committee met with the GFSC to discuss, amongst other things, secondary markets issues and Market Integrity, topics which affect the majority of DLT firms.
The GFSC is considering adopting a 10th principle on market integrity but before doing so would like to engage with GANT to ensure that it is fit for purpose and addresses the needs of the industry. (i.e. protecting consumers and reputation of Gibraltar whilst enabling businesses to thrive in the local community). Furthermore the GFSC is keen to adapt and clarify the other existing principles and specifically how they can be developed to deal with secondary market issues.
With this in mind, it is now the industries opportunity to collaborate as a members of the industry with the regulators via the association. We encourage all members to ensure that your needs are met.
GANT will meet on 18th September, 10am @ the GBX Boardroom
At today’s meeting of the Gibraltar Finance Centre Council, GANT’s application to join the Council was considered and it was decided to accept the Association as a member.
GANT looks forward to making positive contributions to the workings of the Council.
The Association’s 1st EGM was held on Monday the 11th Feb 2019. The constitution was formally adopted by the Memberships and the Executive Committee members ratified into their elected posts.
The following workstreams were highlighted as the first items that will be tackled by the committee and associated sub-committee. The membership was encouraged to join the sub-committees.
- Technical :
- Auditing and accounting standards
- Forthcoming ICO legislation
- FSC Interfacing and Annual Fees
- Education :
- Membership and Professional Development
- Broader engagement with educators to deliver New Technologies in Gibraltar
- Social Media :
- Membership Survey
- Establishment of Facebook, LinkedIn, Twitter and Web Pages
Members were informed that the bank account will shortly be established and annual fee invoices will be issued shortly thereafter.
Members were also informed that the Exec would be meeting with the FSC later in the week and were encourage to raise any issues through the on-line survey so that these could form part of the discussions.
An application to form part of the Gibraltar Finance Centre Council had also been submitted and would be considered formally once the Association was formally constituted.