MFSA issues Consultation Document on Revised Fund Rules
The MFSA issued a consultation document on the proposed revised rule books applicable to collective investment schemes on 23rd November, 2016.
This consultation follows the announcement made by the MFSA on 1st April 2016 of its intention to consolidate and reduce the number of fund frameworks in Malta available to fund promoters. The consultation process will run until 5th January 2017 and the MFSA will consider all comments received from stakeholders during this time.
The MFSA will also be holding an information session on 2nd December 2016 with the industry in order to outline the changes in the authorisation process.