Administrative Measures and Penalties


In terms of article 4(1)(c) of the Malta Financial Services Authority Act, one of the MFSA’s functions is to keep the general public informed of important developments in the sector that it regulates, and to provide the public with relevant information and guidance. Article 16(8) of the Malta Financial Services Authority Act also provides that:

Any administrative or disciplinary sanction or measure, of whatever type, including reprimands or warnings, imposed or decided by the Authority under any law for whose administration it is responsible, shall be published in such medium and in such manner and for such duration as may be deemed warranted by the circumstances and the nature and seriousness of the breach or wrongdoing.

Kindly refer to the Publication of Administrative Measures & Penalties Policy which can be accessed here.

 

  Administrative Measures & Penalties issued prior to 2020

DECEMBER 03, 2021
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of two thousand five hundred Euro (€2,500) on the Company Service Provider. Business Activity: Provision of company services in terms of the Company Service Providers Act (Chapter 529 ...
DECEMBER 03, 2021
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of two thousand five hundred Euro (€2,500) on the Company Service Provider. Business Activity: Provision of company services in terms of the Company Service Providers Act (Chapter 529 ...
DECEMBER 03, 2021
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five thousand seven hundred Euro (€5,700) on the Company Service Provider. Business Activity: Provision of company services in terms of the Company Service Providers Act (Chapter 52 ...
NOVEMBER 22, 2021
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of two thousand five hundred Euro (€2,500) on the Company Service Provider. Business Activity: Provision of company services in terms of the Company Service Providers Act (Chapter 529 ...
NOVEMBER 19, 2021
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of two thousand Euro (€2,000) on the Company Service Provider. Business Activity: Provision of company services in terms of the Company Service Providers Act (Chapter 529 of the Laws o ...
NOVEMBER 19, 2021
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five hundred Euro (€500) on the Company Service Provider. Business Activity: Provision of company services in terms of the Company Service Providers Act (Chapter 529 of the Laws of ...
NOVEMBER 19, 2021
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five hundred Euro (€500) on the Company Service Provider. Business Activity: Provision of company services in terms of the Company Service Providers Act (Chapter 529 of the Laws of ...
NOVEMBER 18, 2021
The Malta Financial Services Authority (“MFSA”) decided to issue a Directive to The Timeless Precious Metals Fund SICAV plc, a SICAV licensed as a collective investment scheme targeting retail investors (Non-UCITS). Address: The Timeless Precious Metals Fund SICAV plc 6, Third Floor Suite ...
NOVEMBER 18, 2021
The Malta Financial Services Authority (“MFSA”) decided to issue a Directive to Sierra Madre Gold & Silver Venture Capital Fund SICAV plc, a SICAV licensed as a Professional Investor Fund targeting experienced investors. Address: Sierra Madre Gold & Silver Venture Capital Fund SICA ...
NOVEMBER 18, 2021
The Malta Financial Services Authority (“MFSA”) decided to issue a Directive to The Timeless Uranium Fund SICAV plc, a SICAV licensed as a collective investment scheme targeting retail investors (Non-UCITS). Address: The Timeless Uranium Fund SICAV plc 6, Third Floor Suite 1 Market Stree ...