Malta confident of expansion fillip with introduction of EU alternative fund managers directive

Special report Malta 2012/2013: Dawn of a new era

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The next 12 months will be crucial for Malta as a jurisdiction for alternatives. First up on the agenda is an election. In mid-December a vote against the proposed budget brought down the government of Prime Minister Lawrence Gonzi. President George Abela agreed to dissolve parliament on January 7 with elections scheduled for March 9, 2013.Many in Malta believe the Labour party will win the election and if that happens, there could be some impact on the financial services sector, even though