Malta Switzerland of the Mediterranean

Indeed, Malta offers a unique mix of an EU-compliant regulatory framework for the financial services industry coupled with an interesting tax regime and a highly qualified and multi-lingual workforce. By harmonising the legal framework, the European legislator has created vast opportunities for Malta and its financial services industry. Relying on the European passporting regime, Malta-licensed insurers can write business throughout the whole Community and the EEA.

Against this background, more and more businesses target Germany with her robust economy and wealthy population.

At the same time, non-unified domestic laws or peculiarities in the application of European regulations remain relevant. This holds also true for the German BaFin. For compliance purposes and risk assessment, a Malta-licensed financial services provider will therefore have to consider certain legal issues in structuring its venture.