Over the last two decades, Malta has established itself as an innovative and reliable financial services centre, hosting a variety of financial services businesses and structures including AIFs, UCITS, fund managers, fund administrators, forex brokers, payment services providers, investment advisors and insurance
A number of factors have contributed to Malta’s rapid growth in the sector, including the approachability of the Malta Financial Services Authority (MFSA), Malta’s single regulator for financial services, and the high regulatory standards that the jurisdiction adheres to. Malta’s appeal is also enhanced by its highly skilled workforce, multilingualism, extensive tax treaty network, and reliable IT infrastructure.
Malta has been regulating investment funds since 1994 through the Investment Services Act as well as Investment Services Rules. The principal legislation governing Alternative Investor Funds (“AIFs”) in Malta is the Investment Services Act, 1994 (“ISA”) as subsequently amended. AIFs are a special class of collective investment schemes which fall within the provisions of the Act.