Investedge UCITS SICAV plc (“the Scheme”)
JULY 22, 2026

The Malta Financial Services Authority (“MFSA”) decided to proceed with the cancellation of the collective investment licence of the Scheme and that of its sub-fund in terms of Article 7(3)(b) of the Investment Services Act.

Address:

Investedge UCITS SICAV plc
Nu Bis Centre
Mosta Road, Lija,
LJA 9012
Malta

Business Activity: Collective Investment Scheme

BREACHES

The MFSA determined that the Scheme has acted in breach of:

  1. SLC 3.2 of Part BII: Malta Based UCITS Collective Investment Schemes (the “Rules”), due to the Scheme’s failure to appoint a Compliance Officer;
  2. SLC 3.8 of the Rules, due to the Scheme’s failure to appoint a Money Laundering Reporting Officer;
  3. SLC 12.6(i) of the Rules, due to the Scheme’s failure to inform the MFSA of the suspension of the Net Asset Value calculation and investor dealing which were put on hold;
  4. SLC 12.8 of the Rules, due to the Scheme’s failure to submit its half-yearly and annual reports and annual financial statements to the MFSA within the prescribed timeframes;
  5. SLC 12.19 of the Rules, due to the Scheme’s failure to pay all amounts due to the MFSA in a timely manner;
  6. SLC 15.2 of the Rules, due to the Scheme’s failure to have one or more Directors independent from the Manager and the Custodian;
  7. SLC 16.9 of the Rules, due to the Scheme’s failure to maintain sufficient financial resources on a continuing basis;
  8. SLC 16.11 of the Rules, due to the Scheme’s failure to have at least one Director resident in Malta and to maintain an Investment Committee composed of at least three members;
  9. SLC 16.13 of the Rules, due to the Scheme’s failure to maintain at all times sufficient management resources to effectively conduct its business; and
  10. Regulation 8 of the Investment Services Act (Custodians of Collective Investment Schemes) Regulations (SL.370.32), due to termination of the custodian appointment.

REGULATORY ACTION

On 21 July 2026, the MFSA decided to proceed with the cancellation of the collective investment licence of the Scheme and its sub-fund.

It should be noted that the MFSA’s decision may be appealed before the Financial Services Tribunal within the period as prescribed by the applicable law. If an appeal is made within such period, the cancellation shall become operative on the date of the decision of the Tribunal dismissing the appeal or the date on which the appeal is abandoned.

Furthermore, the MFSA has also decided to proceed in issuing a Directive in terms of Article 15 of the Investment Services Act, directing the Scheme to remove any reference to any activities requiring the authorisation of the MFSA from the objects clause contained in the Memorandum and Articles of Association. This Directive shall become operative should the decision to cancel the Scheme’s licence is not appealed within the stipulated period, or if appealed on the date of the decision of the Financial Services Tribunal dismissing the appeal or the date on which the appeal is abandoned.

The Authority has also directed the Scheme to file a winding up application before the Maltese law courts in terms of Article 214(2)(a)(ii) of the Companies Act within one month from the MFSA’s decision.

PUBLICATION

This notice is being published in terms of Article 16(8) of the Malta Financial Services Authority Act and the MFSA’s Publication Policy.