Guide to Malta post-Brexit dis­cussed at Lon­don fo­rum

The Malta Business Weekly - - FRONT PAGE -

In an ef­fort to show­case what the Mal­tese ju­ris­dic­tion can of­fer and why it should be re­garded as a vi­able so­lu­tion to EU fund struc­tur­ing and distri­bu­tion, Fi­nanceMalta to­gether with mem­ber or­gan­i­sa­tions, Chet­cuti Cauchi Ad­vo­cates, BOV Fund Ser­vices, Camil­leri Preziosi Ad­vo­cates and Apex Funds Ser­vices re­cently hosted three dis­tinct panel ses­sions at the Re­form Club, Pall Mall in Lon­don. The event was ex­tremely well at­tended and saw the par­tic­i­pa­tion of over 80 del­e­gates from dif­fer­ent in­dus­try or­gan­i­sa­tions seek­ing to re­lo­cate to dif­fer­ent ju­ris­dic­tions fol­low­ing Brexit.

Fi­nanceMalta chair­man, Ken­neth Far­ru­gia com­mented that: “Pick­ing the right EU ju­ris­dic­tion now that Brexit has been un­leashed is go­ing to be cru­cial, not just for start-up man­agers but also for es­tab­lished in­dus­try play­ers in the UK who will need a Plan B to en­sure con­tin­ued use of pass­port­ing rights to dis­trib­ute their funds to EU in­vestors.”

Far­ru­gia added: “Brexit is likely to prove ben­e­fi­cial for EU ju­ris­dic­tions, in­clud­ing Malta, which con­tin­ues to ex­pe­ri­ence growth of its funds in­dus­try, not just on the fund li­cens­ing side but, in­creas­ingly, through the num­ber of AIFMs be­ing set up on the is­land.”

The first panel dur­ing the sem­i­nar dis­cussed the le­gal and fund struc­ture con­sid­er­a­tion, while the sec­ond dis­cussed op­er­a­tional consider­a­tions and how Malta’s ser­vice provider in­fra­struc­ture stack up, the third and fi­nal panel dis­cussed the mar­ket­ing and distri­bu­tion of Mal­tese funds. For fur­ther in­for­ma­tion about up­com­ing events re­lated to fi­nan­cial ser­vices, see the Fi­nanceMalta cal­en­dar on www.fi­nancemalta.org/events

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