Malta's path to sustained hedge fund growth

It has taken Malta 10 years to fully dismantle a budding eight year-old offshore centre, but the country now emerges as an EU member state and part of a huge onshore market with unlimited potential for the hedge fund community

Ten years ago, almost to the day, the Maltese Parliament unanimously approved a legislative programme that ushered in what has certainly been a period of deep structural change for Maltese financial services.

The programme's main objective was to eliminate the strict dichotomy that existed at the time between a domestic finance sector, dominated by well-established banking and insurance operators, and a young offshore regime that had achieved a degree of success in international finance.

The

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