Recently, one of the main priorities for the EU Commission was to establish a harmonised EU regime for collective investment funds. As a result, the Alternative Investment Fund Managers Directive (AIFMD) was officially approved in November 2010 and has been enforced by all EU member states since 22nd July 2013. The Directive provides an authorisation and supervisory framework for Alternative Investment Fund Managers (AIFM) that administer Alternative Investment Funds (AIF) situated in the European Union - with the notion of being very similar to the UCITS Directive. In this way, both regulatory agencies as well as investors will be in a better position to assess the fund more effectively.

Sparkasse Bank Malta plc’s infrastructure and procedures are skewed to cater for Collective Investment Schemes that fall under the two European Union regulatory regimes namely, UCITS and AIFMD.


Sparkasse Bank Malta plc 101 Townsquare, Ix-Xatt ta' Qui-si-Sana, Sliema SLM3112, Malta
Tel: +356 21 335 705 / Fax: +356 21 335 710