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ARTICLE · 11 APRIL 2016

MFSA Launches New Framework For Alternative Investor Funds

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On the 11th February 2016, the Malta Financial Services Authority (the "MFSA") announced the launch of a new framework to be referred to as the Notified Alternative Investment Funds regime.

MaltaFinance and Banking
Mario Zerafa
Mario Zerafa
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On the 11th February 2016, the Malta Financial Services Authority (the "MFSA") announced the launch of a new framework to be referred to as the Notified Alternative Investment Funds regime (the "Notified AIFs"). This new regime is expected to solve time to market issues being faced by a number of AIFMs wishing to launch AIFs and market them to investors in a tight time frame to meet market opportunities.

While the MFSA has issued a notice in relation to the proposed framework applicable to the Notified AIFs1 setting out the key highlights of the new regime, the final MFSA rules in relation to the new framework are yet to be published.

Key Highlights

Full AIFMD compliance – The Notified AIF regime is fully compliant with Alternative Investment Fund Manager Directive (the "AIFMD"). This new regime relies on the AIFM's regulatory status and good standing and thus, the onus of ensuring AIFMD compliance has shifted on the AIFM, in line with the provisions of the

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