Choice and flexibility characterise

Castigated in the past for its detailed regulation, Malta’s legislative framework for the fund industry is now seen as a competitive advantage within the EU.

Malta’s fund legislation is both detailed and flexible. Many in the island state see it as a blueprint for onshore regulation of hedge funds and believe international as well as European steps to regulate the industry will bring other countries closer to the Maltese model.

Its biggest advantage, perhaps, is its bilingual legislation. All of Malta’s laws are published in English and Maltese, both official languages in the state. This gives the legislation a clarity and ease of understanding absent