In January 2017, the Malta Financial Services Authority (MFSA) published revised application forms and documents in relation to the authorization of collective investment schemes. The revised packages comprise of application forms, checklists relating to the prospectus/offering documents and depositary agreement checklists.
Such revisions form part of the MFSA’s initiative to consolidate and streamline the investment funds regulatory framework with a view of increasing the competitiveness of the investment funds market in Malta, a process triggered by the MFSA in April 2016. This latest revision follows the MFSA’s decision to phase-out the acceptance of various license applications of certain collective investment schemes.
Prospective applicants may start submitting the revised application forms together with the relevant checklists. The MFSA’s aim is to have the revised application documents replace the current application forms by 1st March 2017.