February 7, 2024
CC Fund Services (CCFS) attended the MFSA Asset Management Developments Workshop promoted by the regulator for the financial services sector in Malta (MFSA). This workshop was attended by fund managers, fund administrators, law firms, management companies and operators of the Maltese fund industry: this initiative was aimed to present the current jurisdiction's positioning in the asset management sector and to provide an update on the latest developments in relation to the regulatory policy initiatives undertaken by the MFSA.
The workshop was delivered by both MFSA and the Financial Intelligence Analysis Unit (FIAU) officials with interventions from FinanceMalta, the Institute of Financial Practitioners and Malta Asset Service Association. The panel discussion was mainly focused on Malta as a Fund Management Jurisdiction. The members held several discussions in relation to the recently launched Notified Professional Investor Funds (NPIFs) regime, the framework being proposed for funds established as Limited Partnerships without Legal Personality (LPFs), as well as the enhancements which the MFSA has implemented in its authorisation process in order to increase the Malta's attractiveness towards the foreign financial operators.
The MFSA's commitment indeed is to continue refining and creating regulatory policies to strengthen Malta’s positioning in the area of asset management following the guidelines of the strategic national plan for financial services to be developed during the next 3 years.