The financial services sector is considered to be one of the
main pillars of the Maltese economy and is also its fastest growing
sector. This even more so after EU membership.
Malta has established itself as a reputable financial services
jurisdiction which adopts a serious approach to regulation with
embedded flexibility. Furthermore, Malta's very favourable tax
regime and effective double taxation relief mechanisms together
with the single passport regime, ensure an extremely attractive
environment for financial services operators to carry on
business.
Investment Services
Investment services are regulated by the Investment Services
Act, 1994 ('the Act'). The Act defines an "investment
service" as "any service falling within the First
Schedule to the Act when provided in relation to an
instrument".