Following on the success of the information and networking sessions in February, Finance Malta recently organised another two back-to-back events in New York.

The first event was held with the support of PKF and dealt with captives, ILS and reinsurance and was addressed by Kenneth Farrugia, chairman of Finance Malta, George Mangion from PKF Malta as well as a number of other international speakers.

The second event, which dealt with asset management and pensions, was extremely successful with attendance exceeding all expectations. Organised in collaboration with the Malta Funds Industry Association and the Malta Association of Retirement Practitioners, the event was entitled ‘Malta’s Value Propositions for Asset Managers targeting European Business’.

The first session reviewed the opportunities Malta has to offer as a jurisdiction where various fund typologies can be set up, as well as on the opportunities presented by new EU regulations governing funds and venture capital.

A second session highlighted the beneficial conditions for the structuring of international pensions in Malta and the evolving local pension’s regulatory and legal framework.

Mr Farrugia said: “Malta is still a relatively new jurisdiction in the American market and our objective in New York was to showcase Malta’s value proposition and provide information on the local legal, regulatory and fiscal framework. This is the second set of events that Finance Malta has organised in New York this year and we have had an extremely positive response both times.

“These activities are proving very successful at allowing us to access new markets, and in particular, American asset managers who are looking to expand their business to Europe.”