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Gibraltar Finance to be Represented at Hainan Free Trade Zone – 851/2019

By December 4, 2019 No Comments

Global Digital Economic Cooperation Forum


Minister Isola invited to deliver keynote speech

Gibraltar – December 4, 2019 – Gibraltar’s Minister for Digital and Financial Services, the Hon Albert Isola MP, will participate in the Ministerial Panel at the upcoming Hainan Free Trade Zone Global Digital Economic Cooperation Forum. Minister Isola was invited to speak at the event and will be joined by Gibraltar Finance Senior Executives Paul Astengo and Michael Ashton

The forum, which is scheduled to take place this week at the Ritz-Carlton, Haikou, will focus on the digital economy, China’s “Belt and Road” initiative, and digital trade – bringing together leading global officials as well as visionaries from China’s academic, business, and investment spheres.

The Hainan Free Trade Pilot Zone represents a key gateway for China to implement innovation-driven development strategies, increase engagement in cutting-edge areas such as the digital economy, and build a world class “free digital port”. The blockchain pilot zone of the Hainan Free Trade Zone (Port) has been established to promote the adoption of blockchain technology, and encourage the development of new industries.

Gibraltar’s Minister for Digital and Financial Services, the Hon Albert Isola MP, said, “This forum gives expression to the strong spirit of collaboration that is central to sustaining blockchain development globally, as well as China’s increased engagement with the international DLT community. Gibraltar’s representation here in Hainan underlines our commitment to the pursuit of regulatory advances, mutually beneficial business cooperation, and investment opportunities.”


Minister for Digital and Financial Services, The Hon Albert Isola MP is available for interview.


About Gibraltar

A British Overseas Territory, Gibraltar is a self-governing and self-financing democracy that has established itself globally as a reliable centre for the blockchain and digital assets industry. In January 2018, Gibraltar became the very first jurisdiction globally to introduce legislation around Distributed-Ledger-Technology (DLT), and has since asserted its position as a leading blockchain and cryptocurrency hub. With Gibraltar’s core values of regulation, reputation and speed to market at the foundation of its efforts within the blockchain industry, Gibraltar is now globally renowned for its commitment to creating a sustainable and secure regulatory framework for blockchain, as well as being one of the leading proponents in the advancement of the technology.

For more information please visit http://www.gibraltarfinance.gi/en/home

About The Hon Albert Isola MP

The Hon Albert Isola MP is Gibraltar’s Minister for Digital and Financial Services with the primary responsibility of raising Gibraltar’s profile as a well-regulated financial services centre, leading the way in DLT and online gaming regulation.

Minister Isola previously served as Gibraltar’s Minister for Commerce where he played a central role in spearheading Gibraltar’s purpose-built DLT regulatory framework, which was introduced in January 2018 for firms using blockchain to store or transfer value.

He has been a member of the GSLP/Liberal Administration since his by-election win for Gibraltar’s governing parties, the GSLP/Liberal Alliance, on 4 July 2013. Minister Isola had previously been a GSLP member of the Opposition in the then ‘House of Assembly’ (‘Parliament’ under the new constitution) from 1996 to 2000. Prior to re-entering Parliament, Albert had been a Partner at a major Gibraltar international law firm from 1985 to 2013.

During his extensive legal career, Minister Isola gained high-level experience in all aspects of property acquisition, development, and financing as well as financial services. He also regularly acted as an adviser to the Financial Services Commission.

 Minister Isola was educated at Stonyhurst College, Lancashire (1973-1980) and read Law at Kingston University (1980-1983).


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Lorcan Byrne — Consultant


E: lorcan@wachsman.com

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