Notices and Decisions
FEBRUARY 14, 2011
The Companies Act (SICAV Incorporated Cell Companies) Regulations 2010 (hereinafter referred to as the “Incorporated Cell Regulations”), have been published by Legal Notice 559 of 2010 and have come into force on the 1st February, 2011. These Regulations provide for the establishment of incorpor ...
FEBRUARY 14, 2011
The MFSA wishes to bring to the attention of all licence holders the recent coming into effect of Council Regulation (EU) No 101/2011, published on 5 February 2011. This Council Regulation imposes restrictive measures directed against certain persons, entities and bodies relating to the situation in ...
FEBRUARY 02, 2011
International developments in insurance legislation have led the MFSA to propose a new set of regulations that would enable the establishment of Incorporated Cell Companies (ICCs) under Maltese law. The relevant framework is now contained in the Companies Act (Incorporated Cell Companies Carrying on ...
FEBRUARY 02, 2011
This notice is to make the general public aware that Utility Capital Management Limited (“the Company”) recently requested the Malta Financial Services Authority (“MFSA”) to accept voluntary suspension of its Category 1B investment services licence for a six month period. The MFSA has accept ...
JANUARY 20, 2011
This notice is to make the general public aware that Primvalue (Malta) SICAV plc (“the Scheme”) recently requested the Malta Financial Services Authority (“MFSA”) to accept surrender of its collective investment scheme licence granted in relation to the Scheme. The MFSA has accepted the Sche ...
JANUARY 17, 2011
Contractual Funds are collective investment schemes which are set up by agreement and consequently do not have legal personality.
In response to renewed interest in the establishment of these types of funds, the MFSA has revisited the current provisions related to contractual funds under the prin ...
JANUARY 14, 2011
Following the financial crisis that has exposed important failures in financial supervision and following approval by the European Council, the European Commission has in September 2009 presented a package of proposals reforming the EU’s supervisory structure;
The reform of the EU’s superviso ...
JANUARY 14, 2011
This notice is to make the general public aware that Celsius Global Funds (SICAV) plc (“the Scheme”) recently requested the Malta Financial Services Authority (“MFSA”) to accept the surrender of the collective investment scheme licence granted in relation to its sub-fund, namely European Val ...
JANUARY 14, 2011
These regulations are aimed at aligning the Tenth Schedule of the Maltese Companies Act with the SICAV Regulations (L.N. 241 of 2006 as amended). This alignment was considered necessary so as to bring en commandite, or Limited Partnership structures on a level playing field with SICAVs.
In 2008, ...
DECEMBER 22, 2010
The Malta Financial Services Authority (the MFSA), on the 12 July 2010 revoked the authorisation of European Insurance Group Ltd in terms of Article 26 of the Insurance Business Act (Cap 403) (the Act). The company has filed an appeal to the Financial Services Tribunal.
The MFSA, with effect from ...