Speaking at a conference held by the Society of Trust and Estate Practitioners (STEP), held in Malta earlier this month, Finance Minister Professor Edward Scicluna noted that the development of new regulations and the improvement of existing rules are important to ensure that Malta remains competitive within the trusts industry, whilst securing...
Proposed Amendments to the Trust and Trustees Act
11 March 2014
Speaking at a conference held by the Society of Trust and Estate Practitioners (STEP), held in Malta earlier this month, Finance Minister Professor Edward Scicluna noted that the development of new regulations and the improvement of existing rules are important to ensure that Malta remains competitive within the trusts industry, whilst securing...
MFSA Clarifies Limits Applicable to Cross...
05 March 2014
On February 6th, 2014 MFSA published clarifications on the manner in which the sub-fund of a PIF or AIF which is constituted as a SICAV may invest its assets into another sub-fund. There is currently a 50% limitation, meaning that only up to 50% of the assets of the sub-fund can be invested in another sub-fund within the same umbrella scheme....
Malta at the Forefront of the Gaming Sector
11 February 2014
Speaking during Europe's leading iGaming conference and exhibition - ICE 2014 at ExCel in London UK - Parliamentary Secretary Edward Zammit Lewis highlighted Malta's complete gaming package and conveyed the Government's vision supporting the iGaming sector. The island is deemed to be very attractive and considered to be on the forefront in the...
Malta launches Individual Investor Programme
06 February 2014
Malta is set to launch an Individual Investor Programme (IIP), to allow for the grant of citizenship by a certificate of naturalization to foreign individuals and their families who contribute to the economic development of Malta. Identity Malta will handle the applications via its concessionaire and approved agents. In order to qualify, an...
