Citco opens Malta office
28 March 2013 London
Image: Shutterstock
The Citco Group of Companies has approval to provide fund administration and custody services from the Malta Financial Services Authority, it is opening an office in Malta.
Global director of Citco Fund Services William Keunen said: “We have been asked on numerous occasions whether we can service funds domiciled in Malta. Now, with the implementation of the AIFM directive in July 2013, Malta will provide a viable alternative to the main European hedge fund jurisdictions, in particular because the legislation is ready and the MFSA is engaged and proactive.”
Citco Fund Services (Malta) and Citco Custody will provide a comprehensive asset-servicing offering for funds domiciled both in and outside Malta.
Global director of Citco Fund Services William Keunen said: “We have been asked on numerous occasions whether we can service funds domiciled in Malta. Now, with the implementation of the AIFM directive in July 2013, Malta will provide a viable alternative to the main European hedge fund jurisdictions, in particular because the legislation is ready and the MFSA is engaged and proactive.”
Citco Fund Services (Malta) and Citco Custody will provide a comprehensive asset-servicing offering for funds domiciled both in and outside Malta.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
.jpg)