Industries
Fintech & Blockchain
Your gateway to Gibraltar's blockchain hub
Finsbury Trust is positioned at the forefront of the innovation in blockchain and cryptocurrencies. We support blockchain businesses and investment funds in providing them with the comprehensive structuring, infrastructure, business services, administration and governance required to establish and flourish in the new regulated marketplace.
Our dedicated team offer a full range of services to companies seeking to establish their blockchain related business in Gibraltar, as well as to investors and managers looking to launch regulated Crypto Funds.
We serve as the key local partner to blockchain and ICO businesses, assisting the businesses to establish themselves in Gibraltar and provide support to ensure they are regulated and positioned to excel. Our service offering is uniquely designed to cater to the needs of blockchain companies, including provision of local support and business services from dedicated teams on the ground. We work with established blockchain companies and foundations, as well as with startups and businesses planning to undertake ICOs.
Services
Infrastructure and presence
- Customised office solutions
- Registered office
- Shareholder & board meetings
- Coordination of service providers
- Conference & meeting rooms
- Central secure storage
- Dedicated phone lines
- Disaster recovery services
Governance and planning services
- Formulate governance & board plan
- Execution of structuring
- Licensed personal & corporate directors
- Local authorised signatories
- Local contract review & execution
- Identify & recruit service providers
- Business plan formulation
- Budgeting & cash flow planning & financial modelling
- Liaison with tax & other advisors
Regulatory support
- Project management
- DLT service provider class license application management
- Liaison with regulator and address regulator queries
- Drafting license application
- Operating policies & procedures
- Addressing regulator queries
Corporate services
- Multi-jurisdictional structuringC
- ompany formation & registration
- Provision of standard docs
- Maintain statutory books & records
- Company secretary
- Shareholder services
- Orchestrate professional advice
- Investor AML/KYC
- General corporate administration
Banking and accounting services
- Identify suitable banking partners
- Manage account applications
- Compliance onboarding
- Manage banking relationships
- Execute payments
- Reconcile bank accounts
- Bookkeeping & financial reporting
- Tax returnsManage audit
- Risk & liquidity
Other advisory service
- Tax compliance & liaison with tax advisors
- Employment registration services
- Payroll services
- Private capital & borrowing support
- Investor due diligence
- Relocation of staff to Gibraltar
- Arranging executive and residency status for staff
- InsuranceConcierge services
- Facilities management
crypto hedge fund services
Fund Formation and Structuring
- Selection of Service Providers: Assisting in the selection of board members, legal advisors, fund administrators, auditors, banks, and insurance providers.
- Fund Documentation: Arranging fund documentation, including Memorandum and Articles of Association, PPM, subscription agreements, and service agreements, compliance manuals and other documented protocols
- Legal, Tax, and Licensing Considerations: Navigating the legal, tax, and licensing factors impacting fund structure and organization.
Operational Setup
- Establishment of Relationships: Setting up banking and brokering/crypto exchange relationships.
- Launch Meeting: Organizing and undertaking the fund’s launch meeting.
- Filing and Registration: Submission of all necessary documentation and filings to the relevant authorities.
Ongoing Support
- Capital Raising and Investor Onboarding: Managing the fund subscription process and onboarding fund investors.
- Governance and Compliance: Formulating governance and board plans, ensuring regulatory compliance, and handling regulatory queries.
- Financial Management: Bookkeeping, liquidity management, financial modelling, and NAV preparation.
- Corporate Administration: Providing registered office, shareholder services, and maintaining statutory books and records.
services to Decentralized Autonomous Organizations (DAOs)
Legal and Regulatory Compliance
- Legal Entity Formation: Assisting in the creation of a legal and regulatory framework for the DAO including unit trust and foundations.
- Compliance and Reporting: Ensuring adherence to relevant regulations and reporting requirements.
Governance and Operations
- Governance Structure: Developing and implementing governance structures and operational policies.
- Coordination and Support: Coordinating with legal, financial, and administrative service providers to support the DAO’s operations.
Financial and Administrative Services
- Banking and Treasury Management: Establishing and managing banking relationships and treasury functions.F
- inancial Reporting: Bookkeeping, financial reporting, and audit management.
Our services to Virtual Asset Service Providers (VASPs)
Registration and Compliance
- VASP Registration: Assisting with the registration process, including application preparation and submission to the Gibraltar Financial Services Commission (GFSC).
- AML/CFT Compliance: Developing and implementing Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) policies.
Legal and Regulatory Advisory
- POCA Compliance: Ensuring compliance with the Proceeds of Crime Act 2015 (POCA) and other relevant regulations.
- Legal Opinion and Risk Assessment: Providing legal opinions and conducting risk assessments to ensure regulatory compliance.
Operational Support
- MLRO Services: Providing Money Laundering Reporting Officer (MLRO) services as required.
- Business Operations Setup: Setting up and managing business operations, including exchange and transaction services.
"Becoming a licensed Distributed Ledger Technology operator in Gibraltar requires expertise, innovative thinking and an attention to detail. Finsbury Trust continues to provide us with all of this and much more. Benjy, Odile and the entire diligent staff of Finsbury Trust expertly address the business issues at hand and continue to help us navigate through Gibraltar’s corporate, banking and regulatory environment in a most effective manner. Every step along the way was attended to promptly and professionally. Finsbury is the best trusted gateway to corporate Gibraltar we could hope for."
