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Spanish town offers to help Gibraltar insurers retain EU access

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Juan Franco, mayor of Spanish town La Linea de la Concepcion, is inviting Gibraltar-based insurers to set up units in the town so that they can continue to service clients in the European Union post Brexit, Bloomberg reported. La Linea is located adjacent to Gibraltar, on the southern tip of the Iberian Peninsula. Nigel Feetham, partner at Gibraltar-based Hassans International Law Firm, said his firm is in talks with Spanish regulators to allow the insurers access to the EU market while keeping most of their operations in Gibraltar.

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