Thu, Feb 23, 2017
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. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Manager Profile - Eddie Lampert: a painful entanglement with Sears[more]

    From Moneyweek.com: "In the long run we are all dead." Lex in the Financial Times reached for the famous quote from John Maynard Keynes in January when, after a long and unforgiving decline, the clock finally appeared to be running out on Sears, the iconic US department store group. Yet the group's

  3. Investing - Hedge funds quit Aberdeen shorts as shares begin to recover, Hedge funds' next big short: U.S. malls, O'Connor fund owns 9.5% of Protalix Biotherapeutics, U.S. hedge fund takes position in Macau hotel The 13[more]

    Hedge funds quit Aberdeen shorts as shares begin to recover From Investmentweek.co.uk: The last two hedge funds to short Aberdeen Asset Management have removed their positions, as the fund group's shares begin to show signs of recovery after a difficult few years. According to the Financ

  4. Latin America, high yields and Asia Pacific strategies dominate hedge fund returns in January[more]

    Komfie Manalo, Opalesque Asia: Latin America (+7.04%), high yield (5.63%), and Asia-Pacific (+5.06%) strategies dominated hedge fund performance in January, data provider Hennesee Fund Research said. The bottom three strategies for the mont

  5. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio