The MFSA has published a set of documents formalising the implementation of the National Private Placement Regime (‘NPPR') in Malta. The NPPR allows Alternative Investment Fund Managers (AIFMs) to market Alternative Investment Funds (AIFs) in the instances where these cannot be marketed in terms of the passporting regimes outlined in Articles 31...
Fitch Reaffirms Malta at ‘A’ with Stable Outlook
23 September 2014
Fitch's country rating published on 11th September reaffirms Malta at ‘A' with a stable outlook. It confirms the country's economic growth as sustainable and geared to keep outperforming other EU states on GDP growth and employment. Fitch observes that in 2013, "the economy grew by 2.9%, better than 2012 (1.1%) and higher than the euro zone...
World Economic Forum Competitiveness Report for...
23 September 2014
For the sixth year running, the last World Economic Forum competitiveness report just published, places Switzerland as leader out of the 144 countries surveyed, with Malta placing in 47th place. Singapore remains second, while Finland (fourth) and Germany (fifth) both drop one place. They are followed by Japan (sixth)and Hong Kong SAR...
Malta sees EU’s highest GDP growth in Q2 2014
20 September 2014
According to second estimates published by Eurostat, the statistical office of the European Union, GDP remained stable in the euro area (EA18) and rose by 0.2% in the EU28 during the second quarter of 2014, compared with the previous quarter. In the first quarter of 2014, GDP grew by 0.2% in the euro area and by 0.3% in the EU28. Malta recorded...
Proposals for Securitization Cell Companies...
15 September 2014
The Malta Financial Services Authority has kicked off a consultation process on the proposed Securitization Cell Companies Regulations to be issued under the Companies Act (Chapter 386 of the Laws of Malta) and the Insurance Business Act (Chapter 403 of the Laws of Malta). The regulations propose the setting up of a new type of Cell Company,...
