The Gibraltar Financial Services Commission (GFSC) is the main regulatory authority for Gibraltar's financial services sector. It was established to uphold the jurisdiction's reputation as a strong financial center. The GFSC operates under a risk-based regulatory framework, ensuring compliance while promoting innovation in the industry. The GFSC supervises a wide range of entities, including traditional financial institutions like banks and insurance companies, as well as specialist sectors such as e-money institutions and professional trustees. It also oversees emerging technologies, particularly those related to Distributed Ledger Technology (DLT), under a tailored regulatory framework designed for blockchain businesses. The GFSC focuses on providing guidance for innovative business models and collaborates with firms on regulatory and supervisory technology solutions. Gibraltar's DLT framework is notable for being one of the first to implement specific regulations for blockchain enterprises, attracting businesses in the crypto space. The GFSC aligns with international tax cooperation standards, enhancing its credibility in cross-border operations.