RICCs - a new opportunity in the Maltese funds sector

The Companies Act (Recognised Incorporated Cell Companies) Regulations (“the Regulations”) (L.N. 119 of 2012), issued in the Government Gazette on 17th April 2012, have introduced a new legal structure, namely, the Recognised Incorporated Cell Company (RICC) as a possible alternative to the ICC SICAV. This is an important development that introduces new structuring options for the Maltese funds industry, and will likely improve ease of access to the jurisdiction for smaller players in the industry. We've put up an introduction to the topic - you can find it here

Dr Charles Cassar

Financial Services Lawyer

Chetcuti Cauchi, Malta

Insurance Managers in Malta: an Introduction

I've already had the opportunity of writing briefly about Malta's growing captives industry in a previous post. There's also plenty more information on the industry on our website practice page. However today we want to speak about a sector which is intimately related with, and in some sense a necessary prerequisite, to this growth: the insurance management sector. Insurance managers provide a variety of essential services to the industry and are particularly important in the context of captive business. Our website now features a handy publication that can serve as an introduction to the area. You can find the publication here.

Dr Charles Cassar
Financial Services Lawyer
Chetcuti Cauchi Advocates

What is a 'recognized jurisdiction'?

The term 'recognized jurisdictions' features quite broadly in the Maltese funds regulatory regime. The term may sound innocuous enough, but it has a number of important implications which need to be taken into account when structuring funds in Malta. We've just uploaded a detailed publication on our website analyzing the term in extensive detail. You can find the publication here. As usual, get in touch if you have questions about hedge funds in Malta, Maltese investment services set-ups, or any other aspect of Malta's financial services sector.

Dr Charles Cassar
Financial Services Lawyer
Chetcuti Cauchi Advocates