Question 10 September 2013 G Watson (ALDE-LibDem)
Subject: Gibraltar and collaboration on tax, financial services and money laundering matters
The International Monetary Fund’s report of May 2007 (Country Report No 07/154) noted that ‘Gibraltar has a well regulated financial sector. The Gibraltar authorities are concerned with protecting the reputation and integrity of Gibraltar as a financial centre, and are cognizant of the importance of adopting and applying international regulatory standards and best supervisory practices. Gibraltar has a good reputation internationally for cooperation and information sharing.’
Can the Commission state whether it has ever received a wellfounded complaint regarding an alleged failure by the Government of Gibraltar to provide or exchange information or failure to collaborate generally on tax, financial services or money laundering matters?
Answer 31 October 2013 Commissioner Barnier
To date the Commission has not received complaints meeting the description given by the Honourable Member.