Malta: Fund Management/ REITs

Recent guidance issued in relation to the Annual Compliance Report and the Compliance Monitoring Plan provides an important signal to financial institutions. The Authority is no longer reviewing the CMP as a routine compliance document. It is reviewing it as evidence of whether the institution understands its own risk profile and whether it is actively testing the effectiveness of its controls.

There has been considerable interest in a new product now available in Malta: the self-managed Notified Professional Investor Fund launched in February 2025.

The Malta Financial Services Authority (the "MFSA") has published a detailed circular following reviews of the valuation processes adopted by UCITS Management Companies and AIFMs...