The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five thousand and forty Euro (€5,040) on the Alternative Investment Fund Manager (“AIFM”).

BREACHES

The MFSA determined that the AIFM has acted in breach of SLC 5.02 and SLC 5.02 (i)(ii)(iii) of Part B of the Investment Services Rules for Notified AIFs as it failed to submit a NAIF’s Audited Financial Statements, Annual Fund Return, Auditor’s Report and Representation Sheet (both related to the NAIF’s Annual Fund Return) for the financial year ended 30 April 2024 within the regulatory deadline.

REGULATORY ACTION

On 10 July 2026, the MFSA decided to impose an administrative penalty of five thousand and forty Euro (€5,040) on the AIFM.

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.