Through our business partners we offer comprehensive fund structuring solutions, including the identification of the appropriate fund structure based on client circumstances and preference. In addition, we handle the preparation of all necessary application documents, communication with the authority, opening of bank accounts and assistance with the entire regulatory process until the attainment of the license. We are also able to introduce to our client’s other service providers (audit, tax) in order to obtain competitive fee quotations for ancillary services.
Fund Structuring & Setup
We offer a complete fund accounting solution with full back-office support, including maintenance and filing of the fund’s financial books, processing and payment of invoices, reconciliation of cash and securities’ holdings with custodian and broker records and liaison with auditors.
We perform the calculation of the Net Asset Value (NAV), including the calculation of the fund’s income and expense accruals, processing of corporate actions, calculation of performance fee and the pricing of securities at current market value. We are also able to automate fund price feeds with pricing platforms. Our fully integrated system enables us to deliver accurate financial information, multi-currency/class transaction processing, and flexible valuation periods, being daily, weekly or monthly etc.
Transfer Agency Services
We also act as your Transfer Agent, and we are responsible for all liaison with investors, both existing and prospective. We process investment subscription requests, transfers, redemptions, and maintain the shareholder register updated.
We comply to KYC and AML legislation and ensure that the funds investors understand the due diligence and obligatory reporting processes required. We have a vital role in liaising between a company’s registrar and the funds investors. We also offer comprehensive reporting via our platforms, and are able to automate the distribution of end-of-period shareholder statements to investors as required.
Preparation of financial statements
We have dedicated and accounting professionals who are able to consolidate fund structures and prepare interim and/or annual financial statements according to International Financial Reporting Standards (IFRSs).
We will also co-ordinate of the annual audit in relation to supporting documents and timelines.
We can act as the company secretary for your fund, and we will be responsible for the submission of all applicable forms and returns to the relevant authorities, assisting with the preparation of board meetings, resolutions, and drafting of board minutes.
Registered Office / Domiciliation
We can provide the service of domiciliation and registered address including management of receipt and transmission of mail.
Money Laundering Reporting Officer services (MLRO)
We can provide you with a MLRO who will be responsible to report any suspicious transactions to the relevant authority and assist with the set-up of internal procedures to ensure full AML compliance including KYC procedures, maintanance & identification, records of corporate entities, implementation of the AML policy and staff training.
We can provide you with ongoing compliance services for your funds to ensure they meet all regulatory requirements. Our main responsibilities will be to exercise proper day-to-day supervision and control over the activities of the Company, implement and maintain adequate policies, Identifies breaches and ensure proper reporting to the regulator.
We can assist you in preparing regulatory returns, including but not limited to FATCA/CRS reporting and Central Bank of Malta Returns, whilst ensuring deadlines are met in a timely and cost-effective method.