The University of Gibraltar is a not-for-profit independent tertiary institution that was established by The University of Gibraltar Act 2015. The Act provides for the establishment or designation of bodies to safeguard the academic standards of the university and to regulate the conduct of its affairs. The Act also grants the university the right and the power to award degrees (including research and honorary degrees), diplomas and certificates. The university curriculum portfolio specialises in areas that build on place and partnerships, with a focus on professional engagement and recognition of regional research policy and practice needs, as well as, the building of local capability. In addition, the university has the objective of contributing to Gibraltarian identity, history, current affairs and its role in the future economic, social and sustainable development of Gibraltar.