Today the MFSA has announced the launch of a new product, the Notified AIFs, promoted to either qualifying or professional investors. Notified AIFs, as long as they are managed by an AIFM, are not authorised or licensed by the MFSA and will not be subject to ongoing supervision. The AIFM managing such Notified AIF will assume full responsibility for the Notified AIF and for the fulfilment of the obligations of the Notified AIF.
Notified AIFS can be established as any structure allowed under Maltese law and the MFSA undertakes to include the AIF in the List of Notified AIFs within 10 business days from the date of submission of the documents required.
More detailed information will shortly be published by the MFSA.