ARTICLE
18 February 2016

Malta Launches The Notified AIFs Regime

GA
GVZH Advocates

Contributor

GVZH Advocates is a modern, sophisticated legal practice composed of top-tier professionals and rooted in decades of experience in the Maltese legal landscape. Built on the values of acumen, integrity and clarity, the firm is dedicated to providing the highest levels of customer satisfaction, making sure that legal solutions are soundly structured, rigorously tested, and meticulously implemented.
The MFSA have announced the launch of the new Notified AIF regime for funds managed by a full-scope AIFM and promoted to qualifying or professional investors.
Malta Finance and Banking

The MFSA have announced the launch of the new Notified AIF regime for funds managed by a full-scope AIFM and promoted to qualifying or professional investors. The said funds would be able to start operating within merely 10 business as they will be will not be subject to an authorisation/approval process nor be subject to ongoing supervision.

The AIFMs (whether Maltese, EU/EEA or third country having passporting rights) managing the Notified AIFs will assume full responsibility for the Notified AIF and for the fulfilment of the obligations of the Notified AIF.

The MFSA will shortly be publishing a list of documents required together with a pro forma prospectus template to be submitted as part of the notification process of the AIF.

The MFSA expects to start receiving requests for inclusion in the List of Notified AIFs from around the middle of the second quarter of 2016.

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