On the 12th of April 2021, the Malta Financial Services Authority (‘MFSA’) introduced the requirement for all collective investment schemes that are locally licensed or notified to submit a novel return, being the Annual Fund Return. Various amendments to the Annual Fund Return have been made as can be seen in the Circular issued by the MFSA on the 21st of December 2021, along with the updated Guidelines.
On the 18th of November 2022, the MFSA issued a Circular to inform licence holders of another minor amendment made to the Annul Fund Return. The MFSA informed the public that the ‘Scheme Combined’ columns for each relevant section within the Annual Fund Return are no longer going to be automatically aggregated since such function has been removed and replaced with manual inputs.
Version 1.6. of the Annual Fund Return is still going to be accepted by the MFSA for the remainder of 2022 as well as 2023. However, please note that licence holders are encouraged to make use of the latest updated version of the Annual Fund Return, being version 1.7.
Disclaimer: This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do not hesitate to contact Dr. Anthea Sammut.