MFSA Introduces New Fund Structures to Expand Malta’s Investment Options
MFSA Introduces New Fund Structures to Expand Malta’s Investment Options
The Malta Financial Services Authority (MFSA) has introduced two key initiatives under the Investment Services Act, providing additional structuring options for non-retail Collective Investment Schemes (CISs). These measures are designed to enhance flexibility and efficiency for fund promoters while reinforcing Malta’s position as a jurisdiction of choice for asset management and financial services.
Special Limited Partnership Fund (SLPF)
A new fund structure, the Special Limited Partnership Fund (SLPF), has been introduced as an alternative to the existing limited partnership framework under the Companies Act. This structure:
- Is available for authorised non-retail funds;
- Operates as a legal arrangement rather than a separate legal entity;
- Falls under the regulatory oversight of the MFSA.
The SLPF provides fund managers with greater structuring flexibility while maintaining regulatory requirements that align with investor protection and governance standards.
Extension of the NPIF Framework to Self-Managed Funds
The Notified Professional Investor Fund (NPIF) framework has now been extended to include self-managed NPIFs. Previously, this framework was only available to externally managed funds. This change allows fund promoters to establish self-managed structures while benefiting from the framework’s efficient onboarding process and regulatory standards.
Strengthening Malta’s Fund Services
These updates reflect ongoing efforts to expand the range of options available to fund promoters and asset managers. By introducing new structuring possibilities and refining existing frameworks, Malta remains an attractive hub for investment funds, offering efficient regulatory processes and operational flexibility. For more information on these developments and their implications for fund structures in Malta, contact our team.
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