Guide to Malta post-Brexit discussed at London forum

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