The MFSA’s new Trustees of Family Trusts Rulebook
January 16, 2025
On the 27th November 2024, the Malta Financial Services Authority (the “MFSA”) published the new Trustees of Family Trusts Rulebook (“Rulebook”), replacing the first set of rules in the context of family trusts that were published way in back in 2016.
The Rulebook applies to trustees registered (“Registered Trustees”) in terms of Article 43B of the Trusts and Trustees Act (CAP 331 Laws of Malta) (the “Act”). It is important to note that the Rulebook is binding and must be read in conjunction with the provisions of the Act.
To read the rest of the article, please visit the following link: https://ganado.com/news/practice-news/the-mfsas-new-trustees-of-family-trusts-rulebook/
Author: Abigail Galea (Senior Associate)
The Rulebook applies to trustees registered (“Registered Trustees”) in terms of Article 43B of the Trusts and Trustees Act (CAP 331 Laws of Malta) (the “Act”). It is important to note that the Rulebook is binding and must be read in conjunction with the provisions of the Act.
To read the rest of the article, please visit the following link: https://ganado.com/news/practice-news/the-mfsas-new-trustees-of-family-trusts-rulebook/
Author: Abigail Galea (Senior Associate)