In a circular dated the 18th December 2023, the MFSA introduced a framework for an additional fund structure within the jurisdiction of Malta, namely, the Notified Professional Investor Fund (“NPIF”). The NPIF framework is designed to reap the benefits of an enhanced and expedited onboarding process, while concurrently complementing extant fund frameworks in Malta. The initiation of this framework by the MFSA is the outcome of a rigorous and thorough dual-phase process of soliciting public input and consultation earlier in 2023. The rules of the NPIF framework which were launched in December 2023 can be accessed here and the ongoing…
Mamo TCV Advocates21st December 2023