The Malta Financial Services Authority has launched a framework for Notified Professional Investor Funds (NPIFs), a new fund structure that benefits from a streamlined onboarding process.
NPIFs are a special type of non-retail collective investment scheme, which are notified to the Authority and solely available to professional and/or qualifying investors. They are governed by a set of proportionate and risk-based criteria. They must be serviced by specified, regulated service providers, and should fall within the established asset thresholds.
The establishment of this framework is one of a number of key regulatory and policy initiatives being undertaken by the Authority in relation to asset management.
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