Growing jurisdiction plans for expansion

Malta’s fund industry has seen exceptional growth from a low base. While other jurisdictions have been contracting, Malta continued to expand in 2008 and 2009. Now it is determined to build on its success.

Malta is gearing up to challenge the established hedge fund jurisdictions in Europe. Although the government is careful to say it is not competing head-on with the dominant players in the industry – Luxembourg and Dublin – the country is in an advantageous position following the financial crisis. Its rivals are looking decidedly less healthy.

Ireland annoyed its eurozone partners by declaring a bank bailout without consultation and is still dealing with the fallout from a near-collapsed banking