The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2025 laid before UK Parliament

The Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2025 have been laid before UK Parliament, accompanied by an explanatory memorandum. The Regulations extend, by a further 12 months, the transitional arrangements under Parts 2 and 3 of the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2019 to 31 December 2026. These temporary provisions allow specified categories of Gibraltar-based firms to provide financial services in the UK and, similarly, UK-based firms to access Gibraltar's financial services market. Last extended by the Financial Services (Gibraltar) (Amendment) (EU Exit) Regulations 2024, the temporary arrangements ensure continuity while secondary legislation for the long-term framework, the Gibraltar Authorisation Regime, established under the Financial Services Act 2021 is finalised. HM Treasury engaged with the Government of Gibraltar and both parties agreed to the extension.

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