Joey Garcia

Leaders in Law endorses Joey Garcia as our exclusively recommended FinTech Law expert in Gibraltar. If you wish to get in touch with Joey please use the contact information provided above.

Joey has built up a strong Financial Services practice advising on a variety of structures and solutions to an international client base which includes, funds, investment managers, e-money institutions, banks as well as family offices and larger private clients.

He has also been at the forefront of developments in the various aspects of business in the fintech space, including digital currency, blockchain and distributed ledger technology in Gibraltar. He co-chairs the Gibraltar Government working group/think tank on digital currencies. He has been involved in advising a number of blockchain start ups and businesses crossing over from the blockchain into the financial services space and is one of the thought leaders involved with the Fintech think tank established by the firm, thinkFintech.gi.
He was elected as the Chairman of the Gibraltar Funds & Investments Association (GFIA) for the years 2014-2016 and is ranked by Chambers and Partners and IFLR and acknowledged as being ‘a highly acclaimed funds expert.’ The 2014 Legal 500 reports that Joey is ‘extremely professional, commercially aware and strongly client oriented.’ He has been involved with the Gibraltar Finance Centre as a moderator and speaker on various Seminar Programs and has contributed to a number of Hedge Fund publications including the Reuters European Reference series on Hedge Funds. Joey also sits on the Financial Services Commission (the Gibraltar Regulator) MiFID II working group and previously on the AIFMD working group. He was also the author of the Corporate Governance Code for Gibraltar Collective Investment Schemes and worked on a secondment within the Financial Services Commission during the latter part of 2013 in relation to AIFMD related technical issues.
Joey was extensively involved in the set up and ongoing operation of the Kusuma Trust (Gibraltar), a large charitable organisation, as a Trustee, and was one of the founders of the Gibraltar Philanthropy Forum. He is licensed by the Financial Services Commission to act as an Experienced Investor Fund Director and Company Manager.
Specialties: Funds, fintech, financial services, hedge funds, private equity funds, real estate funds, digital currency, blockchain, Corporate structuring and re-structuring, venture captial financing.
What is Joey up to these days
Joey currently forms part of the Gibraltar Financial Services Commission (FSC) working group on MiFID II examining the implementation of MiFID II and other post Brexit implications for Gibraltar. He currently co-chairs the Gibraltar Government working group/think tank on digital currencies which is seeking to recommend a policy and framework in respect of Gibraltar’s position on digital currencies, as well as the Gibraltar Fintech Think Tank (thinkFinTechGi).
He was also involved in the preparation of the regulatory Guidelines for the establishment of a special purpose vehicle (SPV) under the Insurance Companies (Special Purpose Vehicles) Regulations.

Jaclyn Tsai

Jaclyn Tsai has a great deal of experience not only in private sector but also in public sector. She currently serves as the Chairperson of Taiwan Fintech Association. She specializes in fintech laws and regulations with a focus on blockchain technology and the self-regulation of initial coin offerings. Ms. Tsai is one of the promoters of the Global ICO Transparency Alliance and the Taiwan Crypto Blockchain Self-Regulatory Organization. She is now also the Chairperson of Taiwan Women On Boards Association.

In 2013, Jaclyn was invited to serve as the Minister without Portfolio in the Executive Yuan (Cabinet) and became one of the few female ministers in the government. During her term as Minister without Portfolio, she took responsibilities mainly in areas of cross-ministries affairs, e.g. the accommodation of laws and regulations relating to virtual world development, e-commerce, shared economy, digital convergence, startup environment, open data.

In addition, Jaclyn previously served as a District Court judge, and then worked at IBM as the General Counsel in Greater China. She founded Lee, Tsai & Partners in 1998 and specializes in technology law, M&A and investment matters.

EXPERIENCE

  • Minister without Portfolio, Executive Yuan(Cabinet) (Nov. 7, 2013 – May 19, 2016)
    -Convener, Virtual World Law Adjustment Taskforce, Executive Yuan(Cabinet)
    -Convener, E-commerce Development Taskforce, Executive Yuan(Cabinet)
    -Deputy Convener, Innovation and Startups Taskforce, Executive Yuan(Cabinet)
    -Convener, Mobile Broadband Service and Industry Development Taskforce, Executive Yuan(Cabinet)
    -Deputy Convener, National Information and Communications Initiative Committee, Executive Yuan(Cabinet)
    -Member, Open Data Advisory Taskforce, Executive Yuan(Cabinet)
  • General Counsel of IBM Greater China Group (China, Hong Kong, Taiwan) (1996 – 1998)
  • General Counsel of IBM Taiwan(1991-1996)
  • Judge of Taipei, Shih-Lin, Taoyuan and Chang Hwa District Courts(1982-1991)

POLICIES AND PLANS PROPOSED AS MINISTER WITHOUT PORTFOLIO

– FinTech
* Promoted the development of FinTech business opportunities in Taiwan
* Participated in the legislative development of the Financial Technology Innovation Experimentation Act

– vTaiwan Virtual World Law Adjustment Forum
* Worked with g0v volunteers in establishing the “vTaiwan Virtual World Law Adjustment Taskforce” forum to promote harmonization and accommodation of         current laws as applied in virtual world contexts so that the quality of how policies are established and amendments are made is improved, thereby accelerating the promotion process.

– E-Commerce
* Strong push for e-commerce related laws and industrial development policies.
* Worked on reviewing and promoting the Regulations Managing Electronic Payment Institutions (third party payments) for successful passage into law.

– The Addition of Dedicated Provisions for “Closed Companies” in the Company Act

– Promoted “Entrepreneur Visas”

– Promoted Allowing Equity-Based Private Crowdfunding

– Promoted Policies Allowing More Hiring of Skilled Foreign Workers in Taiwan