On the 30th of October 2023, the MFSA issued a circular about the Corporate Governance Manual it issued in relation to directors of Collective Investment Schemes (CIS). This Manual is an updated version from the one issued by the authority on the 22nd August 2022 and is based on a set of core principles which shall act as a foundation for good governance practices which the MFSA have recommended to directors, for them to apply to the best of their abilities, and in proportion to the fund’s nature and size. The Manual outlines numerous best practices for directors to apply,…
Matteo Muscat Filletti14th November 2023