Gibraltar Financial Services Commission (FSC Gibraltar) has signed a memorandum of understanding (MoU) with the Swiss Financial Markets Supervisory Authority (FINMA) to support alternative investment fund (AIF) managers.
As part of the agreement, the two jurisdictions will work together in the supervision and oversight of alternative investment fund managers.
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The MoU also involves closer monitoring of alternative investment fund managers, as well as their delegates and depositories that operate between Switzerland and Gibraltar.
Additionally, the pact also ensures mutual assistance between the two jurisdictions, increasing the cross-border activities between them.
The authorities will also share non-public information in a written exchange.
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