The financial services industry experienced one of the biggest legal developments which was brought about by the introduction of the Alternative Investment Fund Managers Directive (AIFMD) in 2011. In this regard, Malta was one of the first EU jurisdictions to formally finalise the implementation of this directive. The implementation of such into the national investment services law is considered to be of vital importance for the continuous development of Malta’s alternative investment fund business, which has been growing since the country’s accession to EU, as this ensures that all current and potential fund managers have access to the latest legislation.
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