Notices and Decisions

JULY 14, 2026
Regulatory Action against Collective Investment Scheme – Ref: 2026-25
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of one thousand and one hundred Euro (€1,100) on the Retail UCITS Scheme. BREACHES The MFSA determined that the Retail UCITS Scheme has acted in breach of SLC 1.3(i) of Appendix II ...
JULY 14, 2026
Regulatory Action against Retirement Scheme Administrator – Ref: 2026-24
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five hundred Euro (€500) on a Retirement Scheme Administrator. BREACHES The MFSA determined that the Retirement Scheme Administrator has acted in breach of Paragraph B.4.3.14 and ...
JULY 14, 2026
Regulatory Action against Recognised Incorporated Cell Company – Ref: 2026-23
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of three thousand and fifty Euro (€3,050) on the Recognised Incorporated Cell Company. BREACHES The MFSA determined that the Recognised Incorporated Cell Company has acted in breach ...
JULY 14, 2026
Regulatory Action against Collective Investment Scheme – Ref: 2026-22
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of six thousand and three hundred Euro (€6,300) on the Retail UCITS Scheme. BREACHES The MFSA determined that the Retail UCITS Scheme has acted in breach of SLC 12.8, SLC 12.8 (i)(i ...
JULY 08, 2026
Termination of registration of the STM Malta Personal Retirement Plan (“the Scheme”)
STM Malta Pension Services Limited (“the Company”) requested the Malta Financial Services Authority (“MFSA”) to accept the termination of registration of the STM Malta Personal Retirement Plan (“the Scheme”) as a Personal Retirement Scheme in terms of the Retirement Pensions Act, Cap. 51 ...
JULY 02, 2026
Regulatory Action against Karl Cordina (“the CSP”) – Ref: 2026-21
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of two thousand and four hundred Euro (€2,400) on the CSP. Address: 16, Ignazio Gavino Bonavita Street Pembroke PBK 1150 Malta Business Activity: Company Service Provider BR ...
JUNE 16, 2026
Surrender of Licence by FMG Funds SICAV p.l.c.
This notice is to make the general public aware that, as a result of the mergers of two Sub-Funds within FMG Funds SICAV plc (“the Scheme”), namely, FMG (EU) China Fund and FMG (EU) India Opportunity Fund, (collectively, “the Sub-Funds”) into the Emerging Market Favourites Fund, another Sub- ...
JUNE 16, 2026
Surrender of Recognition Certificate by Scotstone RICC Limited
This notice is to make the general public aware that Scotstone RICC Limited (“the Company”) requested the Malta Financial Services Authority (“MFSA”) to accept the surrender of its Recognition Certificate to provide administration services to incorporated cells. The MFSA has accepted the Com ...
JUNE 15, 2026
Regulatory Action against Company Service Provider (“the CSP”) – Ref: 2026-20
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of two thousand Euro (€2,000) on the CSP. Business Activity: Company Service Provider BREACHES The MFSA determined that the CSP has acted in breach of Rule R3-13.2 of the CSP Rul ...
JUNE 15, 2026
Regulatory Action against Company Service Provider (“the CSP”) – Ref: 2026-19
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of two thousand Euro (€2,000) on the CSP. Business Activity: Company Service Provider BREACHES The MFSA determined that the CSP has acted in breach of Rule R3-13.2 of the CSP Rul ...