Growing jurisdiction plans for expansion

Malta’s fund industry has seen exceptional growth from a low base. While other jurisdictions have been contracting, Malta continued to expand in 2008 and 2009. Now it is determined to build on its success.

malta-seafront

Malta is gearing up to challenge the established hedge fund jurisdictions in Europe. Although the government is careful to say it is not competing head-on with the dominant players in the industry – Luxembourg and Dublin – the country is in an advantageous position following the financial crisis. Its rivals are looking decidedly less healthy.

Ireland annoyed its eurozone partners by declaring a bank bailout without consultation and is still dealing with the fallout from a near-collapsed banking

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