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The Financial Intelligence Analysis Unit (FIAU) has proposed a series of amendments to Part I of the Implementing Procedures issued under the Prevention of Money Laundering and Funding of Terrorism...

In Malta securitisation has enjoyed the support of successive Maltese governments and local authorities. Structuring Maltese securitisation transactions is regulated by the Securitisation Act.

The MFSA carries out its Supervisory Review Processes taking a risk-based, proactive and proportionate approach to the supervision of licence holders across all sectors.

Despite being a small island nation, Malta's influence on the wider European financial sector is a significant one. Michael Imeson looks at how the country so consistently punches above its weight.

On the 21st March, 2020 the MFSA published a circular it drew up the day before on the timing of certain regulatory reporting due by various licensed entities, licensed by the MFSA.

In July 2022 the Financial Intelligence Analysis Unit (the ‘FIAU') issued a guidance note to provide further guidance on obtaining source of wealth information related to parties other than the customer.

With less than one month to go to the implementation of the EU Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088) ("SFDR"), published in the Official Journal of the EU on 9 December 2019.

Malta has emerged as a favourable jurisdiction for investment funds, leveraging its strategic location and robust regulatory framework.

In an attempt to alleviate the adverse effects which COVID-19 is causing to the financial services industry, the MFSA announced, by means of the issuance of a circular, that it will be accepting delays by entities licensed by the MFSA in making the required reporting submissions/publications which fall due by March or April 2020.

Recently decided VAT cases concerning the VAT exemption applicable to the ‘management of special investment funds’.

According to Dr Zerafa, the funds industry in Malta has evolved from being heavily focused on hedge funds to being much more diverse, with most funds being set-up in private equity or real estate.

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.

On 1 August 2022, the Court of Justice of the European Union ("CJEU"), in delivering a ruling in the case of HOLD Alapkezelő Befektetési Alapkezelő Zrt. v Magyar Nemzeti Bank...

Under the novel regime, the Notified AIFs may be established as either closed-ended or open-ended and can avail themselves of any legal structure from the wide spectrum already in place, ..

On 1 August 2022, the Court of Justice of the European Union ("CJEU"), in delivering a ruling in the case of HOLD Alapkezelő Befektetési Alapkezelő Zrt. v Magyar Nemzeti Bank, clarified that the payment of dividends to...

TPR will not cover new investors/clients on-boarded after 31 September 2019.

Recent guidance issued in relation to the Annual Compliance Report and the Compliance Monitoring Plan provides an important signal to financial institutions. The Authority is no longer reviewing the CMP as a routine compliance document. It is reviewing it as evidence of whether the institution understands its own risk profile and whether it is actively testing the effectiveness of its controls.