Malta Crypto Funds

Malta Investment Funds

Malta Investing In Crypto PIFS


Malta is positioned as an innovative, reliable and flexible EU financial services and Fintech centre, hosting and attracting a variety of financial services businesses and structures including Professional Investor Funds (PIFs), Alternative Investor Funds (AIFs), UCITS, Fund Managers and Fund Administrators. Malta established itself as one of the top jurisdictions in the Fintech and Blockchain when it announced that it shall publish the world’s first legal framework for businesses using distributed ledger technology (DLT) in their operations as well as businesses dealing in cryptocurrency such as exchanges shortly.






Country Highlights

GDP GROWTH: 6.6% in 2017 TIMEZONE: Central European Time Zone
(UTC+01:00)
MALTA FUNDS: 580+ Investment Funds with combined NAV of €9.7 billion MALTA FINANCIAL SERVICES
AUTHORITY: Approachable, Single Regulator
FUND DOMICILE RECOGNITION: Rated No. 1 Europe’s Favoured Fund
Domicile (Hedge Fund Review’s 2013 and 2014 Service Provider Rankings)
TOTAL ASSET VALUE PIFS: €6.6 billion
SECTOR EXPANSION: 25% Annual Growth FINANCIAL SERVICES FRAMEWORK: EU and OECD approved


Legal Basis

The principal legislation governing PIFs in Malta is the Investment Services Act, 1994 “ISA” as subsequently amended. The ISA establishes the regulatory framework for investment services providers and for Collective Investment Schemes including PIFs. A PIF licence is issued by the MFSA once the PIF fully satisfies the requirements and criteria relating to its nature and purpose.
PIFs investing in cryptocurrencies will need to submit additional application documents in line with the MFSA’s Investment Services Rules for Qualifying Professional Investor Funds.


Benefits

  • Structure Variants
  • Self Managed Fund Option
  • PIF New Benefit: Crypto Investments in a Regulated Framework
  • Freedom to use Foreign Administrators
  • No Investment / Borrowing Restrictions
  • Rules and Documentation in English


Eligibility

  • In- house Investment Committee
  • External Valuer
  • Fit & Proper Test
  • Approved Service Providers
  • Appropriate Legal Vehicle
  • Min. Investment: €100,000
  • MFSA Approved Offering Documents
  • Local Director, Compliance & MLRO


Process & Timeline




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Reference Materials

Key Contacts

Dr Priscilla Mifsud Parker

Senior Partner, Tax & Corporate

+356 22056422

Mr Steve Muscat Azzopardi

Head of Corporate Services

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