MFSA issues new rules under the Retirement Pensions Act 2011

On the 7th January 2015, the Malta Financial Services Authority issued new Rules and Regulations under the Retirement Pensions Act.  These will have effect as from 1st January 2015. The purposes for which the new Pension Rules have been issued are to supplement the legal framework for the licensing and regulation of retirement schemes, retirement […]

Written By ACT Team

On January 6, 2015
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On the 7th January 2015, the Malta Financial Services Authority issued new Rules and Regulations under the Retirement Pensions Act.  These will have effect as from 1st January 2015.

The purposes for which the new Pension Rules have been issued are to supplement the legal framework for the licensing and regulation of retirement schemes, retirement funds and service providers, as well as for the requirement of recognition for persons carrying on back-office administrative activities. The new rules and regulations include more detailed regulatory requirements, which persons licensed or recognized under the Retirement Pensions Act 2011 are required to comply with.

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].