CFCL General information – Malta
Reference
CFCL eligible fund types
Register market
In Malta, a collective investment scheme can take any legal form including corporate form (typically the SICAV), unit trust, contractual fund or limited partnerships.
Majority of funds in Malta (99%) are established as SICAVs (i.e. corporate form) or open-ended investment company. SICAVs are typically public limited companies.
Mutual funds can take the form of UCITS (Undertakings for Collective Investment in Transferable Securities Directive), retail non-UCITS / Retail AIFs (Alternative Investment Fund), AIFs, NAIFs (Notified AIFs), PIFs (Professional Investor Fund).
Private equity funds and hedge funds must take the form of either AIFs, NAIFs or PIFs.
CSD link
No CSD link as the Malta market is register only.
Please refer to the Market Link Guide – Malta for more information.
Exchange Traded Funds (ETFs)
Exchange-Traded Funds (ETFs) are not permitted and cannot be traded within the Malta market.
Operational arrangements
This section describes the operational arrangements of the Argentina market:
| Register Market | Remarks | |
Settlement free of payment | Yes | |
Settlement against payment | Yes | Eligible settlement currencies (between CEU, CBL and CFCL counterparties only): AUD, CAD, CHF , CNY, CZK, DKK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD and ZAR. |