New MFSA licences issued in October/November

The MFSA said that the following licences were issued in October and this month:

i Collective Investment Scheme Licences

• CIS licence issued to Altma Fund (SICAV) plc in respect of four sub funds. This fund is a Professional Investor Fund targeting Qualifying Investors.
• CIS licence issued to NBCG Fund (SICAV) plc in respect of two sub funds. This fund is a Professional Investor Fund targeting Qualifying Investors.
• CIS licence issued to Prague Development SICAV plc in respect of one sub-fund. This fund is a Professional Investor Fund targeting Qualifying Investors.
• CIS licence issued to VIP Select Funds SICAV plc in respect of three sub-funds. This fund is a Professional Investor Fund targeting Qualifying Investors.
• CIS licence issued to Novium Opportunity Umbrella SICAV plc in respect of two sub-funds. This fund is a Professional Investor Fund targeting Qualifying Investors.
• CIS licence issued to Aros Paradigm Master Fund SICAV plc. This fund is a Professional Investor Fund targeting Qualifying Investors.
• CIS licence issued to Aros Paradigm Fund SICAV plc. This fund is a Professional Investor Fund targeting Qualifying Investors.
• CIS licence issued to SBS Opportunities Fund SICAV plc in respect of one sub-fund. This fund is a Professional Investor Fund targeting Qualifying Investors.

ii Investment Services

• Category 2 IS licence to Aros Capital Management Limited;
• Category 2 IS licence to Pamplona Credit Opportunities Investments Limited;
• Category 2 IS licence to Pamplona FOF Investments Malta Limited;
• Category 2 IS licence to Pamplona PE Investments Malta Limited;
• Category 2 IS licence to Belay Management Limited;
• Category 3 IS licence to Ava International Trading Limited;

iii Insurance

• Authorisation granted to White Rock Insurance (Europe) PCC Limited to carry on business of insurance in Class 17;
• Approval granted to Cell F481 as a cell of White Rock Insurance (Europe) PCC Limited to write business in terms of the Companies Act (Cell Companies Carrying on Business of Insurance) Regulations, 2004.

iv Banking

• Authorisation granted to VoiceCash Bank Limited to carry out the business of banking and a number of additional activities listed in the Schedule to the Banking Act.

v Trusts and Trustees

• Authorisation granted to Dr. David Mallia (ID no: 416480M), to act as an administrator of Private Foundations, in terms of Article 43(12)(b) of the Trusts and Trustees Act.
• Authorisation to Dr. Bertrand Sciriha (ID no: 123381M), to act as an administrator of Private Foundations, in terms of Article 43(12)(b) of the Trusts and Trustees Act.
• Authorisation to Fides Fiduciary Limited, to receive property under trusts and to act as a trustee or co-trustee in terms of the Trusts and Trustees Act.