Malta’s Ministry for Finance has this March 2016 enacted regulations implementing provisions of the Regulation on European Long-Term Investment Funds, which was published in the Offical Journal of the European Union on 19 May 2015 and which came into force throughout the Union in December 2015.

 The new Maltese rules set out a framework of applicable powers for the Maltese regulator, the Malta Financial Services Authority (MFSA), in order to ensure full implementation of the harmonised rules creating a new form of investment fund vehicle, designed to provide investors with long-term, stable returns. These new vehicles, known also as ELTIFs, are centred on alternative investments that fall within a defined category of long-term asset classes.

 ELTIFs target both professional and retail investors, and both categories of investors are well-protected by the EU rules, in particular retail investors.

 

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