Sun, Dec 4, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Malta publishes guidelines on re-domiciliation of offshore funds

Friday, January 08, 2010
Opalesque Industry Updates – According to the latest MFSA Newsletter, the Malta Financial Services Authority (MFSA) has published guidelines on redomiciliation of offshore funds to Malta – reported newswire TimesofMalta.com on 31-Dec. These guidelines together with the Companies Act, Continuation of Companies Regulations, 2002 are available for download from the MFSA website (www.mfsa.com.mt) from the securities section/guides to regulation.

The newsletter says that Malta should remain the jurisdiction of choice as the regime allows funds to have external administrators and custodians, in contrast to other jurisdictions which require the administrators and the custodians to be present in the domicile. This allows the necessary flexibility when redomiciling funds to Malta.

Circular on UCITS issued
The MFSA has also issued a circular to brief the financial services industry on the developments concerning UCITS IV. The circular provides a brief overview of the principal elements of the Key Investor Information (KII) together with information of CESR's advice on KII… The circular also provides an outline on how the Authority plans to transpose the requirements on the KII. In this regard, the industry is being consulted. Source


BG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Europe - UK investors to pay more tax on money in offshore funds, Do you want to hand your money to super-algo or a Swiss banker?[more]

    UK investors to pay more tax on money in offshore funds From FT.com: Hedge funds in Dublin and Luxembourg are set to be hit by new rules that will force UK investors to pay more tax on the money they hold in offshore funds. As part of the government’s Autumn Statement on the country’s fi

  3. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  4. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  5. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan