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HM Government of Gibraltar has today published confirmation that Spain’s Ministry of Finance has issued a draft Ministerial Order to remove Gibraltar from its list of non-cooperative jurisdictions, marking a significant and long-awaited milestone.

The EU's Artificial Intelligence Act came into force in August 2024, establishing a comprehensive regulatory framework for AI systems with extraterritorial reach similar to GDPR. Gibraltar businesses must assess whether their AI operations trigger Market, Use, or Output Jurisdiction under the Act, while navigating existing data protection obligations that already govern AI deployment in the territory.

Family offices often operate with structures established years ago, built on assumptions that may no longer align with current realities. As families become more international, assets grow more complex, and generational expectations shift, the question emerges: would you design your structure the same way today?