Notices and Decisions

JULY 05, 2021
Regulatory Action against 3 Sigma Riskcap SICAV PLC (“the Scheme”)
The Malta Financial Services Authority (“MFSA”) decided to proceed with the cancellation of licence and the issuance of a directive against the Scheme. Address: 3 Sigma Riskcap SICAV plc TG Complex Suite 2 Level 3 Brewery Street, Mriehel, Birkirkara, Malta BKR 3000 Business Activity ...
JULY 05, 2021
Regulatory Action against ProAurum Limited (“the Company”)
The Malta Financial Services Authority (“MFSA”) decided to proceed with the cancellation of licence and the issuance of a directive to the Company. Address: ProAurum Limited 41a Triq il-Hemel Swieqi Business Activity: Alternative Investment Fund Manager - De Minimis AIFM BREACHES ...
JUNE 25, 2021
Surrender of Licence by AUM Total Return Umbrella Fund SICAV plc
This notice is to make the general public aware that AUM Total Return Umbrella Fund SICAV plc (“the Scheme”) recently requested the Malta Financial Services Authority (“MFSA”) to accept the surrender of the collective investment scheme licences granted in relation to the Knight Shield Fund ( ...
JUNE 23, 2021
Regulatory Action against Credit Institution – Ref: 2021-05
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of three thousand and seven hundred and fifty Euro (€3,750) on the Credit Institution. Business Activity: Credit Institution in terms of the Banking Act (Chapter 371 of the Laws of Mal ...
JUNE 23, 2021
Regulatory Action against Credit Institution – Ref: 2021-04
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of three thousand and seven hundred and fifty Euro (€3,750) on the Credit Institution. Business Activity:  Credit Institution in terms of the Banking Act (Chapter 371 of the Laws of M ...
JUNE 23, 2021
Regulatory Action against Credit Institution – Ref: 2021-03
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five thousand Euro (€5,000) on the Credit Institution. Business Activity: Credit Institution in terms of the Banking Act (Chapter 371 of the Laws of Malta). BREACHES The Bank ...
JUNE 23, 2021
Regulatory Action against Credit Institution – Ref: 2021-02
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five thousand Euro (€5,000) on the Credit Institution. Business Activity: Credit Institution in terms of the Banking Act (Chapter 371 of the Laws of Malta). BREACHES The Bank ...
JUNE 23, 2021
Regulatory Action against Credit Institution – Ref: 2021-01
The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of five thousand Euro (€5,000) on the Credit Institution. Business Activity:  Credit Institution in terms of the Banking Act (Chapter 371 of the Laws of Malta). BREACHES The Ban ...
JUNE 15, 2021
Withdrawal of authorisation of Felicitas Management Investment Services Ltd (EU) by the Cyprus Securities and Exchange Commission
The Cyprus Securities and Exchange Commission (“CySEC”) has notified the Malta Financial Services Authority that, with effect from 19 May 2021, it has wholly withdrawn the authorisation of Felicitas Management Investment Services Ltd (EU) (“the Company”) due to the Company’s non-compliance ...
JUNE 04, 2021
Surrender of Licence by Magiston Funds SICAV p.l.c.
This notice is to make the general public aware that Magiston Funds SICAV p.l.c. (the “Scheme”) requested the Malta Financial Services Authority (“MFSA”) to accept the surrender of the collective investment scheme licence granted to the Scheme in relation to its sub-fund – Prime Fund (the ...