Malta ranked “most favoured domicile” in europe

Photo credit: wparadiso

The Hedge Fund Service Provider charts show that the tiny island carried off a big coup, rising from third place in 2012’s table to seize the first spot.

The survey asked individuals from hedge funds and investors, such as insurance companies, to vote for the most financially favourable domicile in the continent. After two months of voting closed mid-October 2013, Malta came out on top, with its regulatory framework and pro-business environment encouraging financiers, companies, property investors and expats to turn to the island.

FinanceMalta's Chairman Kenneth Farrugia was in London to receive the award. He commented:

“I am highly pleased that Malta’s value proposition as a European Fund Domicile has been recognised through this Award as conferred by Hedge Funds Review.  Malta’s ranking as the most favourite European Fund Domicile is in essence a reflection of the critical success factors that have underpinned our value proposition over the past years primarily driven by the presence of a steadfast legal and regulatory framework, an accessible and pro business regulatory body, a highly developed operational infrastructure and above all the presence of a ‘can-do’ mindset in the industry.”