BOV takes Bank of the Year award for Malta from FTs The Banker

Bank of Valletta wins prestigious Bank of the Year award for 2015

BOV takes Bank of the Year award for Malta from FTs The Banker


MALTA a stable country with a strong Financial system

Bank of Valletta won the ‘Bank of the Year Award 2015’ for Malta, the prestigious award from The Banker, the monthly banking title of the Financial Times.

The award was presented to Charles Borg, CEO at Bank of Valletta by Brian Caplen, Editor of The Banker during an awards ceremony held at Hilton London Bankside Hotel in London.

The Banker has been a trusted source of global financial intelligence since 1926 and the Bank of the Year Awards listing has become an international key indicator of financial performance. The accolade of ‘Best Bank’ for a given country is awarded by the global editorial team of The Banker after it scrutinises the banks’ data re their earnings, assets, Tier 1 capital growth and return on equity.

They also look out for banks that are setting new standards for their local industries by being innovative in harnessing new technology as well as finding cost-efficient ways of expanding their business, whilst investing in their community. The award for a single bank in every country is for the best overall performance and qualitative achievements.



maltaway_curve maltesi_economia

Malta’s reputation as a hedge fund domicile was established with the island’s accession to the European Union in May 2004. Malta regularly receives high rankings in benchmarking reports and the World Economic Forum ranks Malta above average for almost every metric in financial market development. Oliver Wyman recently analyzed all European fund domicile jurisdictions, and Malta came out as the one with the strongest growth.

Flexible regulation, transparency and good governance have long been some of Malta’s key advantages, as well as its status as a cost-effective domicile for funds, asset managers, fund administrators and for custodians catering to the thriving fund industry.

Malta’s banking system is well regulated by the Malta Financial Services Authority (MFSA). On 1 May 2004, the Central Bank of Malta joined the European System of Central Banks (ESCB) and on 1 January 2008, it became part of the Eurosystem.

While this Roundtable highlights some of the strong points for Malta like geography, low labor costs, etc., what fund managers and fund promoters are really interested in is how the regulator works. Here Malta stands out for its approachability of the regulator and a strong drive to innovate, obviously within the larger European framework.

Passporting Opportunities for Funds and Fund Managers

EU membership positioned Malta on a level playing field with other European Union countries, and introduced passporting rights so that investment services and UCITS schemes may be registered in Malta and passported to any EU country.

The basic structure used for collective investment schemes is the SICAV, which offers a variable capital nature and the possibility to establish sub-funds. To date, this is the most widely used vehicle, particularly in the non-retail sector and it can be structured to include master feeder funds and umbrella funds with segregated sub-funds.

Professional Investment Funds (PIFs) retain their popular regime, targeted at increasingly financially literate investors. PIFs refer to the Experienced Investor Fund, the Qualifying Investor Fund and the Extraordinary Investor Fund. The PIF regime is a very attractive structure for non-harmonised Funds of 1 and Family Office Funds.

From licensing regime for de minimis managers to Recognised Incorporated Cell Companies, Loan Funds and SME financing

The creation of a new regime for Alternative Investment Funds (AIFs) is one of the biggest recent developments in Malta. But Malta also created a licensing regime for de minimis managers. The MFSA decided to regulate de minimis managers with a stricter regime than what is prescribed in the Directive. In the interest of investor protection and financial integrity, a licensing regime was seen as more preferable than registration.

Malta’s legislation also provides for the setting up of UCITS and non-UCITS retail funds. It has also created a private collective investment scheme structure, in terms of which the private CIS is subject to recognition by the MFSA. These structures are exempt from the AIFMD.

Moreover, a new vehicle was added to Malta’s repertoire of cellular fund vehicles in 2012, called the Recognised Incorporated Cell Company(RICC). Directly targeting fund platform providers, this is a structure which allows the RICC to provide, in exchange for payment of a platform fee, certain administrative services to its Incorporated Cells (ICs). This cell structure is meeting a lot of interest, more and more securitization transactions and structures are now set up in Malta.

In 2014, the MFSA has issued — again, as one of the first jurisdictions in Europe — a Loan Funds regime where funds may originate loans to unlisted companies and SMEs, and may also buy loan portfolios. At the moment the MFSA is working on finding new ways how for SMEs can to go directly to the market and raise funding themselves without having to go to the banks or prepare huge prospectuses. Sometimes the companies only need a little bit of money, and the professional fees will be more than the actual amount of money they need to raise.

The Opalesque 2015 Malta Roundtable, sponsored by Eurex and IDS, took place in May at the office of the MFSA

The group also discussed:

  • Why Malta retained the Professional Investor Fund Regime (PIF) after AIMF. Benefits for fund managers.
  • Doing business in Malta: High employee loyalty, low comparative costs, diversity of languages
  • Malta’s new private equity structure
  • Benefits of a real compliance culture
  • How to avoid having regulations going against their own objectives
  • Who is coming to Malta: An influx of people and companies – educational initiatives, quality of life


Malta, il nuovo vero centro finanziario al centro del Mediterraneo e dell’area EMEA (Europa, Middle Est, Africa)


Malta, il nuovo vero centro finanziario al centro del Mediterraneo e dell’area EMEA (Europa, Middle Est, Africa) .

100% OCSE e EU compliant, per fare business alla luce del sole condividendo il valore della stabilità, della trasparenza, dell’efficienza dei costi e della competitività fiscale e regolatoria

Qui insieme a Maltaway puoi trovare le soluzioni migliori per la gestione e la protezione del tuo patrimonio, per rispondere alle tue esigenze corporate di servizi finanziari, per domiciliare un fondo o una struttura assicurativa

Connetti i punti per arrivare qui a MALTA e disegna il futuro con MALTAway

1 regolatore unico per tutto il settore, MFSA (Malta Finance Service Authority) con la seconda miglior reputazione di tutta Europa

578 Hedge Funds

460 Professional Investor Funds


10,3 B€ net Asset Value

32 Funds listed on Malta Stock Exchange

26 Fund Administrators


La Complessità della Semplicità per esigenze di protezione a Malta dei tuoi investimenti e patrimonio presso banche, sistema finanziario di Malta

Corporations, Imprenditori, Famiglie, Singoli, HNWIs, con i servizi ed il supporto di MALTAway, trovano a Malta Banche e un sistema Finanziario esteso, professionale, sicuro e un contesto legale, fiscale, finanziario adatto a rispondere alle loro esigenze Internazionali di protezione dei tuoi investimenti e patrimonio, in un sistema paese stabile, con un’economia in forte crescita, membro sia dell’Europa sia del Commonwealth

Dietro a queste parole, ci sono 3 concetti fondamentali:

  • salvaguardia del patrimonio
  • crescita del patrimonio
  • rendita dal patrimonio

Dall’immobiliare al mercato finanziario, passando attraverso soluzioni sofisticate di Investment Protection & Management, possiamo guidarvi sulle vie migliori da percorrere

MALTAway consente di trovare a Malta una soluzione unica che combina

  • veicoli legali,
  • bassa struttura dei costi e fiscale
  • efficienti strumenti finanziari
  • professional advice

per avere protezione e crescita del tuo PATRIMONIO in una giurisdizione  compliant con le norme OCSE ed Europee e ai vertici globali per stabilità ed efficienza fiscale

Delle 22 banche autorizzate a svolgere attività a Malta, tre sono di proprietà maltese, 19 sono istituti di credito stranieri.
Il sistema bancario è costituito dalla Banca Centrale di Malta e dalla “Malta Financial Service Authority” (M.F.S.A.), Ente Autonomo istituito legalmente nel 2002.
Il Governo maltese ha varato una riforma legislativa destinata a trasformare l’isola da centro off-shore a polo finanziario dotato di servizi bancari, finanziari e assicurativi di standard elevato.
Banche Malta
Con alcune delle banche più sicure e più liquidi nella zona euro, Malta si sta affermando come centro bancario internazionale e centro per la finanza nella regione del Mediterraneo














Vuoi investire a Malta? Intervista a Joseph Bannister, Chairman della MFSA (Malta Financial Services Authority)

Vuoi investire a Malta? Intervista a Joseph Bannister, Chairman della MFSA (Malta Financial Services Authority)

Sei interessato a Malta? Nonostante la rapida crescita, il sistema paese rimane ancora molto aperto (ma selettivo) ad accogliere nuovi investitori
Crediamo fondamentale adattarci alle esigenze delle società, così come le aziende debbano allinearsi al nostro modello