The implementation of the AIFMD in Malta brought about significant changes in the regulatory regimes for funds and their managers. For regulatory purposes, a distinction is now made between the following main types of collective investment schemes (“CISs”), when established in Malta:
- Professional Investor Funds;
- Alternative Investment Funds;
- Retail Collective Investment Schemes, including UCITS;
- Private Collective Investment Schemes.
We have summarised the salient features of each category in a memo, which is available from our website:
http://www.mamotcv.com/files/4/PIF%20MEMO%20(August%202013).pdf