No. Gibraltar is a specialist onshore finance centre which has, for many years now, complied with all its international obligations on compliance and tax information exchange. Gibraltar is an OECD white-listed jurisdiction which, in addition, was deemed ‘largely compliant’ by the OECD Global Forum in the latest Peer Review of tax information exchange carried out by a team of expert assessors from the Forum. This places Gibraltar on a par with the USA, Germany, the UK and Spain. The review included an on-site visit to Gibraltar by a Global Forum assessment team in 2019. Further information on this can be reviewed here. In addition to the international obligations, Gibraltar was and will remain fully compliant with all relevant European Directives on financial services despite its departure from the EU. Gibraltar, its government and the professional fraternity, remains committed to the adoption and implementation of the highest standards of regulation in financial services, as it has always done, and will continue to do so post-Brexit.