We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Learn more here.Close Me
Azopardi named new Minister for Trade, Industry and Telecommunications
Gibraltar's new Minister for Trade, Industry and Telecommunications, with responsibility for the Rock's burgeoning financial services sector, is the Hon. Keith Azopardi. The announcement follows the governing party's recent election victory, which secured it a second term in office. The Gibraltar Social Democrats, led by Peter Caruana QC, who now serves a second four-year term as Chief Minister, secured 58 per cent of the vote with the opposition Socialist Labour/Liberal alliance obtaining 40 per cent.
Mr Azopardi served for four years as Minister for the Environment and Health, and moved to the current key position, in a post-election cabinet reshuffle. His legal training should be a valuable asset in his new responsibilities, particularly in light of new e-commerce legislation which is about to go through the local parliament, the House of Assembly.
The new Minister for Trade, Industry and Telecommunications, who is now also Deputy Chief Minister, obtained a BA (Hons) in Law and History at the University of Keele, and continued his legal studies at the Council of Legal Education, Inns of Court School of Law in London. He was subsequently called to the bar of England and Wales and the Supreme Court of Gibraltar.
Mr Azopardi commented: "I am very pleased to take over the helm at the Department of Trade, Industry and Telecommunications at a time when Gibraltar is prioritising e-commerce and, after a consultative process, will introduce Electronic Commerce legislation. This benchmark piece of legislation, which incorporates the provisions of the relevant EU directives, will provide the legal framework to launch Gibraltar as a high-tech platform for e-commerce.
"Gibraltar is also committed to the liberalisation of telecommunications, and is commissioning a feasibility study on e-commerce possibilities in the region. All these moves will help to place Gibraltar at the forefront of e-commerce developments on the world stage."
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
Following the bailout package agreed between the so-called troika of the EU, European Central Bank and IMF on one hand and the Cyprus government on the other, the two largest banks in Cyprus will be merged and considerably downsized.
A discussion on the changes brought in by the Banks and Trust Companies Regulations, which introduced a light touch regulatory regime for private trust companies in The Bahamas.
In response to the shift from a principles to a rules-based regulatory approach and the increased use of enforcement actions by Irish regulators and similar bodies, we have developed a dynamic cross-disciplinary Regulatory and Administrative Sanctions Unit, made up of specialists operating in our financial services, litigation and regulatory and compliance teams.
Following the introduction of the bail-out package agreed between the European Union, the European Central Bank and the International Monetary Fund on the one hand and the Cyprus government on the other, the two largest banks in Cyprus will be merged and considerably downsized.
Confidentiality of corporate documents and information is one of
the key attractions of incorporating a company in the BVI. A
company search of the BVI Registrar of Corporate Affairs will only
disclose certain information and documents.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”