Most people know the carol “The 12 Days of Christmas” but do you know “The 12 Reasons Why Malta”?!
- Full Member of EU since 2004.
- Pension Scheme administrators and Individual Pension schemes are licensed.
- IFRS standards since 1997.
- Pensions are a regulated activity.
- Member of 5 Authorities:
EBA (European Banking Authority)
EIOPA (European Insurance & Occupational Pensions Authority)
ESMA (European Securities Marketing Authority)
IOSCO (International Organisation of Securities Commission)
IAIS (International Association of Insurance Supervisors)
- Comprehensive, legislative & regulatory framework.
- Compulsory independent auditing of pension schemes, submitted to the Regulator.
- Sophisticated ICT Infrastructure.
- Protection through the Tax Treaty network with over 58 Double Tax Treaties with more in the pipeline.
- Programmed withdrawal facility (similar to UK flexible drawdown).
- Single accessible and responsive regulator – MFSA.
All licences, legislation and regulations published on MFSA website
- Certainty: Complies with the new HMRC draft legislation 2012 No. The Overseas Pensions Schemes (Miscellaneous Amendments)
Regulations 2012, and HMRC cannot legislate against the pension rules of another EU member state.
For further information, please contact internationalpensions@tmf-group.com