Undoubtedly, but the thrust of your argument in context was that Moneyval would go easier on Gibraltar than it would on the Isle of Man because of some close relationship with Spain. Yes, people from La Linea and the wider Campo work in Gibraltar, but there is no official relationship between the Spanish Government and the Government of Gibraltar. On the contrary, Spain does not recognise the legitimacy of the territory at all, and reverts to London over any matter concerning it. Spain wants the criminal harbouring finance centre, as they see it, closed down. They will hardly be facilitating it through an international finance forum.
You missed the other part of the Gibraltar Schengen declaration. It was supposed to be concluded in 6 months. Almost 4 years later nothing has happened. Don't hold your breath.