Monday September 19 2016

News Source: Global Exchanges

Focus: Other

Type: General




On 19th September 2016, the Gibraltar Stock Exchange (GSX) announced that the Board of the United Kingdom`s HM Revenue & Customs (HMRC) have designated the Gibraltar Stock Exchange as a “recognised stock exchange” under section 1005 (1) (a) Income Tax Act 2007 (ITA).

The designation extends to the entire Gibraltar Stock Exchange and is a significant development that allows GSX to expand its services and offering to issuers. In particular, HMRC recognition extends eligibility to the UK SIPPs and ISAs market for GSX-listed securities.

The decision follows recognition of GSX by ESMA in January 2016 and the Cayman Islands Monetary Authority (CIMA) in March 2015.

Click here for HMRC’s complete list of recognised stock exchanges.

Click on the link above for further details.