Regulatory Alerts2020-11-18
Added · Updated
Circular to the Industry on Brexit Readiness
The Malta Financial Services Authority (MFSA) updates Maltese licence holders and UK entities on post-Brexit requirements following the end of the transition period on 31 December 2020. UK entities must obtain necessary authorisation or establish themselves in Malta by 1 January 2021, as passporting rights cease, while UK UCITS and AIFs may be marketed under the National Private Placement Regime with applications accepted immediately. Maltese licence holders wishing to provide services in the UK must submit outbound passporting notifications by 10 December 2020, and the MFSA Financial Services Register will be updated to remove references to UK passporting activities.
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