Banking in Gibraltar
Banking is one of the major pillars of Gibraltar economy with total assets over EUR 7.8 billion and some of the major International banks have their offices in Gibraltar. Statistics are available here http://www.fsc.gi/aboutus/stats_ci.htm
Gibraltar culture and legal system are similar to the UK. Its legislation is based on English common law. The banking sector is regulated by the Financial Services Commissioner appointed by the Governor of Gibraltar on behalf of the British Foreign and Commonwealth Office.