Notices and Decisions


DECEMBER 04, 2003
The Malta Financial Services Authority (‘MFSA’) informs the public that Fortress Insurance Agency Ltd has with effect from 4 December 2003, ceased to carry on business as an insurance agent in terms of the Insurance Business Act, 1998. ...
DECEMBER 04, 2003
This notice is to make the general public aware that La Valette Funds SICAV ("the Scheme") recently requested the Malta Financial Services Authority ("MFSA") to acceptsurrender of the Collective Investment Scheme Licence granted in re lation to its subfund the La Valette Global Fund ("the Sub-fund") ...
NOVEMBER 21, 2003
The MFSA is pleased to announce that it has issued its directives setting out the registration and regulatory requirements applicable to Retirement Schemes, Retirement Funds and their service-providers under the Special Funds (Regulation) Act, 2002. The directives may be viewed and downloaded from t ...
NOVEMBER 13, 2003
This notice is to make the general public aware that Alliance Malta Limited (“the Company”) of 35, Zachary Street Valletta VLT 10 has recently asked the Malta Financial Services Authority (“the Authority”) permission to cease to carry on business as insurance broker. The Authority has acc ...
NOVEMBER 10, 2003
The Malta Financial Services Authority (‘MFSA’) informs the public that Alliance Malta Ltd has with effect from 10 November 2003, ceased to carry on business as an insurance broker in terms of the Insurance Brokers and Other Intermediaries Act, 1998. ...
OCTOBER 27, 2003
The MFSA has reviewed its professional indemnity insurance (“PII”) regulatory requirement for investment services providers licensed in terms of the Investment Services Act, 1994. Such review was considered necessary due to a number of factors, including in particular, market developments which ...
OCTOBER 23, 2003
In the fulfilment of its responsibilities at law, the Malta Financial Services Authority (MFSA) has the task of ensuring compliance with financial services laws and regulations. Whenever the MFSA becomes aware of circumstances that, in its opinion, constitute breaches of the law or of licence condit ...
OCTOBER 22, 2003
In recent weeks, there has been an increase in the number of advertisements in the local media promoting financial products and services. Some of these adverts have portrayed “headline” benefits, some of which guaranteeing returns of up to 5 or 6% whilst stating that capital is also guaranteed i ...
JULY 08, 2003
The Authority informs all MFSA licence-holders that, following discussions with the authorities responsible for the Trading Licences Act, 2001 (Cap. 441), it has been clarified that MFSA licensed entities are exempt from the trading licence (formerly known as the Police licence) that would otherwise ...
JUNE 11, 2003
The general public should be aware that the Board of Directors of the Gasan Funds SICAV plc (‘the Scheme’) requested the Malta Financial Services Authority (‘MFSA’) to surrender the collective investment scheme licences granted under the Investment Services Act, 1994 to the Scheme in respect ...