2026-04-28
Added · Updated
The Malta Financial Services Authority amends the Notified Professional Investor Fund (NPIF) framework to allow self-managed NPIFs to be exempt from the asset under management thresholds in Rule 6.01(i) and (ii) of the NPIF Supplementary Rules. The definition of "family member" in the NPIF Rulebook is aligned with the Trustees of Family Trusts Rulebook by expressly including descendants by consanguinity, adoption, or affinity. Exempt self-managed NPIFs are relieved from establishing an investment committee but must comply with the requirements for exempt third-party managed NPIFs set out in Section 5 of the Supplementary Rules. The amendments also introduce a limited exemption for Due Diligence Service Providers from assessing the competence of individuals responsible for portfolio management and update relevant notification forms and annexes.
More like this from MFSA
MFSA published 5 documents in the last 30 days. We email you each new one the day it's published.