MALTA: MFSA publishes additional guidance on AIFMD

Tuesday August 13 2013

The Malta Financial Services Authority has launched two guides relating to the implementation of the Alternative Investment Fund Managers Directive (AIFMD): “A Guide to Establishing an Alternative Investment Fund Manager in Malta” and “Alternative Investment Fund Manager Directive – The Passporting and Third Country Framework”.

The “Guide to Establishing an Alternative Investment Fund Manager in Malta” outlines the authorisation process and the operating conditions applicable to alternative investment fund managers seeking to be licensed by the MFSA under the terms of the AIFMD. The Guide also includes detail on the entity appointed as Custodian to the alternative investment funds (“AIFs”) under management and contains a section on the transitional provisions applied in the implementation of the AIFMD.

The guide entitled “Alternative Investment Fund Manager–The Passporting and Third Country Framework” describes the manner in which the EU passport will be applied both in relation to EU managers and in relation to third country managers wishing to market AIFs in the EU.

Click on the above link for more details.