FinTech Legal Department

Current View:

This content is provided by Chambers. Learn more about our methodology

What the team is known for ISOLAS is a top-tier firm highly regarded for its expertise in advising on regulatory matters stemming from real-life blockchain implementations. The firm is an attractive choice for international players looking to establish themselves in the country by obtaining a Gibraltarian DLT licence. ISOLAS has further capability with respect to cryptocurrency, payments services and capital markets technology matters.

Strengths"ISOLAS have been very helpful in the industry as they understand the legal framework and have contributed to the legislation - their advice is very useful."

"They are very professional and have a close relationship with regulators. They are very hard-working and give us quick feedback."

"Dynamic, responsive and easy to work with."

Work highlights Represented LMAX Exchange Group, a cryptocurrency exchange platform, in obtaining their DLT licence from the Financial Services Commission in Gibraltar.

Notable practitioners

Joey Garcia of ISOLAS receives recognition for his deep understanding of the regulatory framework concerning distributed ledger technology. He has particular authority in issues arising from the use of cryptocurrency in organised crime, having contributed to a textbook on the subject with UNODC. Sources attest that "his strengths are in his breadth of knowledge - he is a strong all-rounder for anything to do with FinTech and is an outstanding lawyer."

Jonathan Garcia of ISOLAS has an excellent reputation for his capabilities in blockchain and cryptocurrency matters. He is experienced in advising startups on raising finance through initial coin offerings and receiving regulatory approval for their business activities in Gibraltar. Sources say that "Jonathan is knowledgeable and responsive."

Karan Aswani is the senior associate and an expert in the corporate and regulatory implications of distributed ledger technologies, on which he advises a range of clients. He is applauded by sources, who say: "He has a lot of patience, and takes the time to listen to you. He is very knowledgeable and professional."