Malta

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €61,573 on Dr. Roderick Caruana for regulatory breaches.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €4.9 million on Pilatus Bank Plc for regulatory breaches.

Application by Alpene Ltd., of Hong Kong, described as "the 100% indirect owner of a bank in the Republic of Malta", to take discovery from Elizabeth McCaul, described as a resident of New York, for use in legal proceedings in Malta in which Alpene claimed that "Malta engaged in a series of allegedly retaliatory acts against Alpene's investment, Pilatus Bank", filed at the U. S. District Court for the Eastern District of New York.

Retired Olympic speed skating champion Apolo Ohno and companies operating from Cyprus, Hong Kong, Malta, and Singapore that he allegedly founded are being sued in California for an alleged $50 million crypto fraud.

Complaint alleging theft, misappropriation, and securities fraud regarding the raising of $50 million "from investors based around the world, including within the United States" from the sale of "digital tokens" that were "neither registered with the United States Securities and Exchange Commission nor qualified for any exemption from registration with the SEC, thereby depriving investors of the benefit of the disclosures required by the federal securities laws" in Brian Kang, Skyblock LLC, Mid-Wilshire Consulting LLC, Prasad Hurra, David Kim, Blue Rock Group, Artemio Verduzo, David Kwon, and Young Jae Kwon v. Hybrid Trade Limited, described as operating from addresses in Hong Kong, Malta, and Singapore; Asia Digital Asset Exchange, described as operating from an address in Cyprus; Allysian Sciences, Apolo Ohno, a former Olympic speed skating champion; Rod Jao, Eugenio Pugliese, and Henry Liu at the U. S. District Court for the Central District of California.

Public Notice by the Malta Financial Intelligence Analysis Unit that it was imposed a fine of €502,046 on AWS Malta Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Registrar of Companies showed that AWS Malta Limited was incorporated in Malta on February 12th, 2014, its directors are Jean-Pie Gauci-Maistre, a citizen and resident of Malta; Kilian Kämpfen, a citizen and resident of Switzerland; Ivo Ferdinando Mathier, a citizen and resident of Switzerland; Mark Portelli, a citizen and resident of Malta, and Steve Zammit Cutajar, a citizen and resident of Malta; former directors include Francis Zammit Dimech, of Malta, who resigned effective February 28th, 2019; Herman Zandt, a citizen of the Netherlands residing in Malta, who resigned effective March 29th, 2017, and Nelson Lopez Centeno, a citizen of Spain, who resigned effective January 30th, 2017; and its shareholders are Ivo Ferdinando Mathier and AWS Switzerland SA, a Swiss company whose representatives include Ivo Mathier, chairman, and Kilian Kämpfen, while a former representative is Urs Füglistaller.

Public Notice by Malta's Financial Intelligence Analysis Unit that it has imposed a fine of €500,017 on Rebels Gaming Limited, described as a "remote gaming operator", for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Rebels Gaming Limited was incorporated in Malta on January 26th, 2011, its directors are Yiorgos Metaxas and Grigorios Skornos, both citizens of Greece residing in Malta, and its shareholders are Grigorios Skornos and 15 Steps Limited, a Cyprus company whose sole director is Grigorios Skornos, according to the Cyprus Registrar of Companies.

Public Notice by the Malta Financial Services Authority that it has cancelled the license of Horus Malta Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Horus Malta Limited was incorporated on September 14th, 2015, its sole director is Gilles Farrugia, described as a citizen of France residing in Switzerland, former directors include Xavier Rubio, who resigned effective June 1st, 2020; David Raphael Busuttil, who resigned effective April 16th, 2020; Thierry Leger, a citizen of France residing in London, England, who resigned effective November 6th, 2017, and Diandra Muscat, who resigned effective September 1st, 2017, and its sole shareholder is Horus Europe Holdings Limited, which was incorporated in Malta on September 10th, 2015, whose directors are Gilles Farrugia and Thierry Leger, and whose shareholders are 5G Limited, a Maltese company whose sole director and shareholder is Gilles Farrugia; Jeanval S.A.R.L., of Luxembourg; Salvino Busuttil, of Malta, and Michael Fornara, a citizen of the United Kingdom residing in France.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €32,000 on Capricorn Trustees Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Capricorn Trustees Ltd. was incorporated in Malta on July 10th, 2012, its directors are Kevin Forrest, a citizen of the United Kingdom residing in South Africa, and Olivia Micallef, of Malta, and its sole shareholder is Guy William Edmunds, a citizen of Zimbabwe and the United Kingdom who "passed away" on June 15th, 2021.

Complaint that "arises out of a massive fraudulent scheme devised by Defendant Greg E. Lindberg and co-conspirators" and allegedly involved companies in Bermuda, Cayman Islands, Ireland, Malta, and the USA in Universal Life Insurance Company v. Global Growth Holdings Inc., Eli Global LLC, Greg E. Lindberg, UBS Financial Services Inc., Treatment Resources of Margate Inc., Alpine Capital LLC, Itech Funding LLC, Standard Financial Limited, of Malta; Academy Financial Assets LLC, Atlas Financial Investments LLC, Capital Asset Management I LLC, Global Insurance Capital LLC, Standard Advisory Services Ltd., of Malta; Triton Financial Limited, of Ireland; Hutchison Law Group PLLC, Satori Waters LLC, CSI Interco LLC, Forsyth LLC, Kite Asset Management Inc., Carnation Three LLC, Flowery Branch LLC, Goldman Sachs Bank USA, Morgan Stanley Senior Funding LLC, Verdesian Life Sciences LLC, Goldman Sachs Lending Partners LLC, Credit Suisse AG Cayman Islands Branch, AGH Parent LLC, Daisy Seven LLC, Dahlia Ten LLC, Tybee Island Asset Management Inc., Augusta Asset Management Inc., Pershing LLC, Macon LLC, Parallel Capital Assets LLC, Capital Asset Management II LLC, Standard Investment Capital Ltd., of Malta; New England Capital LLC, Global Bankers Insurance Group LLC, RevolverCap Partners Fund LP, Capital Assets Management III LLC, BLH Capital LLC, Netherlands Insurance Holdings Inc., Iron City Asset Management Inc., Hampton Asset Management Inc., Jackson Asset Management Inc., Chris Herwig, Bryn Mawr Trust Company, Begonia Eight LLC, CBI Group LLC, CBIG Capital LLC, and CBIG Holdings Inc. at the U. S. Bankruptcy Court for the Southern District of New York.

Public Notice by the Malta Financial Services Authority that it has cancelled the license of 3Sigma Riskcap SICAV Plc, described as an "Alternative Investment Fund Manager", for regulatory breaches: Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that F3Sigma Riskcap SICAV Plc was incorporated in Malta on February 4th, 2011, its sole director is Frank Pressler, a citizen and resident of Germany; its former directors include Joachim Lenz, of Germany, who resigned effective August 31st, 2016, and its shareholders are 3 Sigma Malta Holding Limited, which was struck off the Malta companies register on June 23rd, 2021; Sabine Bohm-Staudt, and Peter Gatti, both of Germany.

Public Notice by the Malta Financial Services Authority that it has cancelled the 'Alternative Investment Fund Manager' license of ProAurum Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that ProAurum Limited was incorporated in Malta on February 20th, 2007, its sole director is Jean Pierre Schumacher, a citizen and resident of Switzerland; former directors include Mark Busuttil and David Griscti, who both resigned effective July 31st, 2020, and Stephan Zimmermann, who resigned effective February 15th, 2016, and its shareholders are Jean Pierre Schumacher and ProAurum Holdings Limited, a Malta company whose sole director is Jean Pierre Schumacher and whose shareholders are Jean Pierre Schumacher and ProAurum Limited.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €1,000 on Finance House Plc, a lending institution, for failing to submit its audited financial statement. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Finance House Plc was incorporated in Malta on January 4th, 2013, its directors are Joseph Formosa, James Zammit, and Raymond Zammit, all of Malta, and its shareholders are James Zammit and Zammit Holdings Limited, a Maltese company whose sole director and shareholder is James Zammit.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €2,600 on Daily Payment International Limited for failure "to submit the Audited Financial Statements and the Auditors' Management Letter within the regulatory deadline". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Daily Payment International Ltd. was incorporated in Malta on October 5th, 2017, its directors are Carol Peralta, a citizen and resident of Malta, and Jia Jun Yu, a citizen of the United States residing in Malta, former directors include Augusto Quintano, who resigned effective April 15th, 2021, and John Pollacco, who resigned effective March 3rd, 2020, and its sole shareholder is Europa Payment System Ltd., a Maltese company whose sole director is Jia Jun Yu, and whose shareholders are Jia Jun Yu and Shengang Ye, a citizen of Italy residing in Malta.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €2,000 on Em@ney Plc for failure "to submit the Audited Financial Statements and the Auditors' Management Letter within the regulatory deadline".

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €1,800 on EMP Systems Limited for failure "to submit the Audited Financial Statements and the Auditors' Management Letter within the regulatory deadline". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that EMP Systems Limited was incorporated in Malta on April 16th, 2014, its directors are Ewa Kazmierska and Piotr Krzysztof Szpoton, both citizens of Poland residing in Malta, and its shareholders are Marcin Tomasz Wolski, a citizen and resident of Poland, and EMP Systems Holding Limited, a Maltese company whose sole director is Piotr Krzysztof Szpoton, and whose shareholders are Piotr Krzysztof Szpoton and Marcin Tomasz Wolski.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €2,000 on Mistral Pay Ltd. for failure "to submit the Audited Financial Statements and the Auditors' Management Letter within the regulatory deadline"

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €58,238 on Dr. Roberta Borg for regulatory breaches.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €3,750 on Ferratum Bank Plc for failure "to submit the Auditors' Management Letter within the regulatory deadline". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Ferratum Bank Plc was incorporated in Malta on May 9th, 2012, its directors are Charles Borg, of Malta; Fritz Krause Clemens-Matthias, a citizen and resident of Germany; Victor Alexander Denaro, of Malta; Erik Mikael Ferm, a citizen of the United Kingdom residing in Malta; Jorma Olavi Jokela, a citizen of Finland residing in Switzerland; Lea Ligius, a citizen and resident of Estonia; Jussi Matti Eevertti Mekkonen, a citizen and resident of Finland; Klaus Oscar Schmidt, a citizen and resident of Germany, and Esa Tapani Teravainen, a citizen and resident of Finland, and its shareholders are Ferratum (Malta) Holding Limited, of Malta, and Ferratum, of Finland.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of ‹3,750 on NBG Bank Malta Limited for failure "to submit the Auditors' Management Letter within the regulatory deadline". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that NBG Bank Malta Limited was incorporated in Malta on April 12th, 2005, its directors are Georgios Agioutantis, a citizen of Greece residing in Malta; Anastasios Lizos, a citizen and resident of Greece; Dorothy Kim Vella, a citizen and resident of Malta; and Thomas Zampopoulos, a citizen and resident of Greece, and its shareholders are National Bank of Greece S.A. and NBG (Malta) Holdings Ltd., a Maltese company whose directors are Georgios Agioutantis, Anastasios Lizos, and George Grigoropoulos, a citizen and resident of Greece, and whose shareholders are National Bank of Greece S.A. and NBG International Holdings B.V., of the Netherlands.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €5,000 on YAPI Kredi Bank Malta Limited for failure "to submit the Auditors' Management Letter within the regulatory deadline". Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that YAPI Kredi Bank Malta Limited was incorporated in Malta on March 13th, 2014, its directors are Özlem Mertoglu, a citizen and resident of the Netherlands, and Aldo Minuti, of Malta, its former directors include Erhan Adali, a citizen and resident of Turkey, who resigned effective June 1st, 2021, and its shareholders are Koç Finansal Hizmetler A.Ş., of Turkey, and YAPI Kredi Holding B.V., a Dutch company whose directors, according to the Netherlands Chamber of Commerce, are Semih Ulugöl and Gökhan Erün.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €5,000 on FCM Bank Limited for failure"t submit the Auditors' Management Letter within the regulatory deadline". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that FCM Bank Limited was incorporated in Malta on July 30th, 2010, its directors are Michael Borg Costanzi, a citizen and resident of Malta; Lino Casapinta, a citizen and resident of Malta; Petr Cumba, a citizen and resident of the Czech Republic; Martin Farsky, a citizen and resident of Slovakia; Ondrej Korecky, a citizen and resident of the Czech Republic, and John Soler, a citizen and resident of Malta, and its shareholders are Dusan Benda, a citizen and resident of Slovakia; SAB Finance A.S., of the Czech Republic, and SAB Europe Holding Ltd., a Maltese company whose directors are Dusan Benda and Petr Cumba and whose sole shareholder is SAB Finance A.S.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €5,000 on Lombard Bank Malta Plc for failure "to submit the Auditors' Management Letter within the regulatory deadline".

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €443,670 on Truevo Payments Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert showed that Truevo Payments Limited was incorporated in Malta on November 20th, 2013, its directors are Martin Azzopardi, Frank Xavier Caruana, Ivan Fsadni, and John Pollacco, all of Malta, and its shareholders are William Liu, of China, and Truevo Holdings Ltd., which was incorporated in Malta on July 27th, 2015, whose directors are John Pollacco and David Liu, of Malta, and whose shareholders are John Pollacco and Dalamear Investments Ltd., which was incorporated in the Isle of Man on June 12th, 2008, and whose directors are Sovereign Managers Limited and Sovereign Directors Ltd., both of the Isle of Man, represented by John Philip Dentith.

Complaint for Interpleader in Bank Leumi USA v. Trade Finance Trust, of Delaware; IIG Trade Finance, LLC, as the administrator of Trade Finance Trust; IIG Bank (Malta) Ltd., of Malta; Girobank International N.V., of Curaçao; Girobank N.V., of Curaçao; Valerie P. Maria, of Curaçao, as the foreign representative of IIG Trade Opportunities Fund Ltd.; Christopher Kennedy and Alexander Lawson, both of the Cayman Islands, as Joint Liquidators of IIG Global Trade Finance Fund Ltd. and IIG Structured Trade Finance Fund Ltd.; TriLinc Global Impact Fund LLC, of Delaware, and TriLinc Global Impact Fund - Trade Finance Ltd., of the Cayman Islands, at the U. S. District Court for the Southern District of New York.

Public Notice by the Malta Financial Services Authority that it has ordered MoonPay Ltd., which holds a "Class 2 Virtual Financial Assets Licence", to "cease the on-boarding of new clients with immediate effect". Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that MoonPay Ltd. was incorporated in Malta on September 27th, 2018, its directors are Maximillian Crown, a citizen of the United Kingdom with an address in London, England; Ivan Soto-Wright, a citizen of the United States with an address in London, England, and Theodora Vardi, a citizen of Greece with an address in New York, USA, and its shareholder is Hodl Ventures Limited, which was incorporated in Malta on September 25th, 2018 and whose directors are Maximilian Crown and Ivan Soto-Wright, and whose sole shareholder is MoonPay Inc., of Delaware, USA.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €259,927 on Merkanti Bank Limited, formerly MFC Merchant Bank Limited, for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Merkanti Bank Limited was incorporated on June 17th 2003, its directors are Christian Farrugia, a citizen of Malta; Friedrich Hondl, a citizen of Austria; Otto Karasek, a citizen of Austria; Samuel Morrow, a citizen of the United States, and George Portanier, a citizen of Malta, and its shareholders are Merkanti Holding Plc, of Malta, and Scully Royalty Ltd., of the Cayman Islands. Merkanti Holding Plc was incorporated on May 28th, 2015, its directors are Mario P. Galea, a citizen of Malta; Samuel Morrow, Benjamin Muscat, a citizen of Malta; Silke Stenger, a citizen of Germany, and Martin Ware, a citizen of the United Kingdom, and its shareholders are Merchants Employees Incentive Corp., of the Marshall Islands; Scully Royalty Ltd., and MFC 2017 II Ltd., of the Cayman Islands. The Cayman Islands General Registry showed that Scully Royalty Ltd.'s directors are Dr. Shuming Zhao, Friedrich Hondl, Indrajit Chatterjee, Jochen Dümler, Michael J. Smith, and Silke S. Stenger. There was no record of any company with the name MFC 2017 II Ltd. when OffshoreAlert searched the Cayman companies register.

Application by Helios Ventures FZE, of Ajman, in the United Arab Emirates, to take discovery from VistaJet US Inc., Rhône Capital LLC, and Rhône Group LLC for use in "contemplated civil proceedings in the United Kingdom and Malta", filed at the U. S. District Court for the Southern District of New York.

Public Notice by the Malta Financial Intelligence Analysis Unit imposing a fine of €359,339 on Em@ney Plc, described as a "financial institution", for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Em@ney Plc was incorporated in Malta on June 14th, 2012, its directors are Germano Arno, a citizen of Italy, and Konstantin Balassopulos, a citizen of Austria, former directors include Nicola Mattocks, who resigned effective October 22nd, 2020, and its shareholders are Malta-domiciled Absolute Holding Limited, whose sole director is Francesco Malandrino, a citizen of Italy, and whose shareholder is Trident Trust Company (Malta) Limited, and Malta-domiciled Tyke Holding Limited, whose sole director is Germano Arno and whose shareholder is Trident Trust Company (Malta) Limited.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €233,156 on Tumas Gaming Limited, described as a "Land Based Casino", for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Tumas Gaming Limited was incorporated in Malta on March 24th, 1998, its directors are Emmanuel Fenech, Raymond Fenech, and Ray Sladden, all of Malta, its former directors include Yorgen Fenech, who resigned effective November 12th, 2019, and its shareholders are Tumas Group Company Limited and Tumas Group Management Company Limited, both of Malta. Tumas Group Company Limited's directors are Emmanuel Fenech, Franco Fenech, and Raymond Fenech and its shareholders are Yorgen Fenech, TGI Limited, of Malta; Anna Fenech, Carmen Fenech, Franco Fenech, Josephine Fenech, Moira Fenech, Patricia Fenech, and Raymond Fenech, and Tumas Group Management Company Limited's directors are Emmanuel Fenech and Raymond Fenech and its shareholders are Spinola Investments Ltd. and Tumas Group Company Limited, both of Malta.

Public Notice by the Malta Financial Services Authority that an administrator has been appointed for Zenith Finance Limited. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Zenith Finance Limited, formerly known as MFSP Financial Management Limited, was incorporated in Malta on November 2nd, 2007, its directors are Lorraine Falzon and William Charles Van Buren, both citizens of Malta; its former directors include Matthew Pace, a citizen of Malta, who resigned effective March 8th, 2021, and André Micallef, who resigned effective August 24th, 2017, its shareholders are Matthew Pace and Lorraine Falzon, and its auditor, Nexia BT, resigned effective November 16th, 2020.

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €403,947 on Money + Card Payment Institution Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Money + Card Payment Institution Limited was incorporated in Malta on July 27th, 2015, went into liquidation on June 13th, 2019, has no current directors, its former directors include Zoltan Bota, who resigned effective May 11th, 2019; Terry Galea, of Malta, who resigned effective May 14th, 2019; Franco Falzan, of Malta, who resigned effective May 9th, 2019, and Dmitrij Kozelkin, of Hungary, who resigned effective August 9th, 2018, and its shareholders are Viktor Hujber, a citizen and resident of Hungary, and Prifolio Holding Limited, which was incorporated in Malta on September 16th, 2010, whose sole director is Otto Hujber, and whose shareholders are Otto Hujber and Viktor Hujber,

Complaint alleging fraud in Pelagos Shipping Company Ltd., of Malta v. PB Finance LLC, described as a Marshall Islands company based in Stamford, Connecticut, at the U. S. District Court for the Southern District of New York.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €160,000 on MC Trustees (Malta) Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that MC Trustees (Malta) Limited was incorporated in Malta on December 11th, 2009, its directors are Noel Buttigieg Scicluna, of Malta; William Daniel Dane, a citizen of the United Kingdom residing in Portugal, and Edward Thorpe, a citizen of the United Kingdom residing in Malta; its former directors include Martin Cadman, a citizen of the United Kingdom who resigned effective December 24th, 2019, and its shareholders are Christine Rhoda Grace Dane, a citizen of the United Kingdom residing in Portugal; William Dane, and MC Holdings (Malta) Limited, a Maltese company incorporated on March 14th, 2011 whose sole director is Martin Cadman and whose shareholders are Martin Cadman and Basi & Basi Financial Planning Limited, a British firm whose sole director is Michael Sudagar Basi, a citizen of the United Kingdom, and whose "persons with significant control" are Basi and Brite Advisory Group Limited, of Hong Kong.

Public Notice by Malta's Financial Intelligence Analysis Unit that it has imposed a fine of €88,937 fine on Meridian Gaming Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Meridian Gaming Limited was incorporated in Malta on May 9th, 2007, its sole director is Zoran Milosevic, of Serbia, previous directors include Anthony Axisa, who resigned effective September 15th, 2020, and Andjelina Rajacic, who resigned effective March 13th, 2019, and its shareholders are Aleksandr Milovanovic, of Serbia, and Meridian Gaming Holdings Ltd., the latter of which was incorporated in Malta on May 16th, 2016 and whose directors are Zoran Milosevic and Snezana Bozovic, of Serbia, and shareholders are Meridian Tech d.o.o., of Serbia; Zoran Milosevic, Snezana Bozovic, and Aleksandr Milovanovic.

Complaint for Interpleader regarding "the remainder of what was at one time several dozen accounts at the Bank opened by an affiliate of International Investment Group, LLC, a now defunct investment advisor accused by the Securities and Exchange Committee of perpetrating a fraud akin to a Ponzi scheme" in Bank Leumi USA v. Trade Finance Trust, described as "a Delaware Statutory Trust"; IIG Trade Finance LLC, of New York, as Administrator of Trade Finance Trust; IIG Bank (Malta) Ltd., of Malta; Girobank International N.V., of Curaçao; Girobank N.V., of Curaçao; Valerie P. Maria, of Curaçao, as the Foreign Representative of IIG Trade Opportunities Fund Ltd.; Christopher Kennedy and Alexander Lawson, both of the Cayman Islands, as Joint Liquidators of IIG Global Trade Finance Fund Ltd. and IIG Structured Trade Finance Fund Ltd.; TriLinc Global Impact Fund LLC, of Delaware, and TriLinc Global Impact Fund - Trade Finance Ltd., of the Cayman Islands, at the U. S. District Court for the Southern District of New York.

Public Notice by the Malta Financial Services Authority that it has taken action against Zenith Finance Limited and Zenith (Tied Insurance Intermediary) Limited.

Public Notice by the Malta Financial Services Authority that it has imposed directives on Zenith (Tied Insurance Intermediary) Limited, including an order that it must accept no new clients, and appointed Stephen Paris as its manager due to regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Zenith (Tied Insurance Intermediary) Limited was incorporated in Malta on August 6th, 2018, its directors are Lorraine Falzon and Albert Grech, both citizens of Malta; a former director is Matthew Pace, a citizen of Malta, who resigned effective March 8th, 2021, and its shareholders are Matthew Pace and Lorraine Falzon, and its auditor, Nexia BT, resigned effective November 16th, 2020.

Public Notice by the Malta Financial Services Authority that it has imposed directives on Zenith Finance Limited, including an order that it must accept no new clients, and appointed Stephen Paris as its manager due to regulatory breaches. Editor's Note: Research by OffshoreAlert at the Malta Business Registry showed that Zenith Finance Limited, formerly known as MFSP Financial Management Limited, was incorporated in Malta on November 2nd, 2007, its directors are Lorraine Falzon and William Charles Van Buren, both citizens of Malta; its former directors include Matthew Pace, a citizen of Malta, who resigned effective March 8th, 2021, and Andre Micallef, who resigned effective August 24th, 2017, its shareholders are Matthew Pace and Lorraine Falzon, and its auditor, Nexia BT, resigned effective November 16th, 2020.

Criminal Complaint alleging corruption, fraud, and money laundering in Republic of Malta v. Alfio Schembri, Malcolm Scerri, Keith Schembri, who is a former chief of staff of former Malta Prime Minister Joseph Muscat; Robert Zammit, Kasco Holdings Limited, of Malta; Kasco Limited, of Malta; Kasco Engineering Company Limited, of Malta; GSV Co Limited, of Malta; Holdforth Limited, of Cyprus; Malmos Limited, of Gibraltar; It's Good Limited, of Malta; Colson Services Limited, of the British Virgin Islands; Selson Holding Corporation, of the British Virgin Islands; Tekhne Industrial Limited, of Malta; Berner Malta Limited, of Malta, and Thoughtzone Limited, of Malta, at Malta Magistrates Court.

Criminal Complaint alleging money laundering in Republic of Malta v. Lorraine Falzon, Matthew Pace, and Zenith Finance Limited, of Malta, at Malta Magistrates Court.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €32,400 on Phoenix Payments Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Phoenix Payments Ltd. was incorporated in Malta on November 21st, 2016, its directors are Francesc Xavier Alabart Lopez, a citizen of Spain; Keith Farrugia, a citizen of Malta, and Marco Lavanna, a citizen of Italy residing in Switzerland, previous directors include Alexander Vella, who resigned effective May 8th, 2020, Ivan Fsandi, John Pollacco, who both resigned effective December 1st, 2019, and Dmitrij Kozelkin, who resigned effective September 2nd, 2019, and its shareholders are Fenice Holding SA, of Switzerland, and Marco Lavanna.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €23,000 on Axeria Re Limited for a regulatory breach. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Axeria Re Limited was incorporated in Malta on December 28th, 2007, recently changed its name to Axeria Limited, its directors are Andre Gabriel Arrago, a citizen of Germany; Jahide Assim Rajpar, Emmanuel Henri Maillet, both citizens of France, and Rosanne Tanti, of Malta, previous directors include Brian Borg, who resigned effective March 21st, 2020, and Ray Schembri, who resigned effective January 31st, 2019, and its shareholders are April Mediterranean Limited, of Malta, and April Group SA, of France.

Public Notice by the Malta Financial Services Authority that it has appointed an Inspector "investigate and report on the affairs of" Phoenix Payments Limited. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Phoenix Payments Ltd. was incorporated in Malta on November 21st, 2016, its directors are Francesc Xavier Alabart Lopez, a citizen of Spain; Keith Farrugia, a citizen of Malta, and Marco Lavanna, a citizen of Italy residing in Switzerland, its previous directors include Alexander Vella, who resigned effective May 8th, 2020, Ivan Fsandi, John Pollacco, who both resigned effective December 1st, 2019, and Dmitrij Kozelkin, who resigned effective September 2nd, 2019, and its shareholders are Fenice Holding SA, of Switzerland, and Marco Lavanna.

Public Notice by the Malta Financial Services Authority that it has issued a Directive against "virtual financial assets" firm OKCoin Europe Ltd. to "cease the on-boarding of new clients with immediate effect". Editor's Note: Research by OffshoreAlert in corporate registries in Malta, Hong Kong, and the Cayman Islands showed that OKCoin Europe Ltd. was incorporated in Malta on September 7th, 2018, its directors are Hong Fang, described as a citizen of China and the United States residing in Palo Alto, California, and Mingxing Xu, a citizen and resident of China, its previous directors include Veronica Dalli, a.k.a. Veronique Dalli, of Malta, who resigned effective October 21st, 2020, Jovan Gavrilovic, a citizen of Serbia residing in Hong Kong, and Tae Won Tim Byun, a citizen of the United States residing in Palo Alto, who both resigned effective December 23rd, 2019, and its sole shareholder is OKCoin Europe Technology Company Limited, which was formed in Hong Kong on November 14th, 2017, whose sole director is Mingxing Xu, and whose sole shareholder is OKC (HK) Company Limited, which was formed in Hong Kong on March 27th, 2015, whose sole director is Mingxing Xu, and whose sole shareholder is OKC Holdings Corporation, which was incorporated in the Cayman Islands on February 16th, 2015 and whose directors are Hong Fang, Bo Feng, Gang Mai, Yue Tang, and Mingxing Xu. On its website at www.okcoin.com, OKCoin describes itself as "the leading global cryptocurrency exchange".

Public Notice by the Malta Financial Intelligence Analysis Unit that it imposed a fine of €3.7 million on Satabank Plc for regulatory breaches, which was reduced to €851,792 by the Court of Appeal. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Satabank Plc was incorporated in Malta on October 7th, 2014 and its shareholders are Signia Holding Ltd., of Malta, and Christo Georgiev Georgiev, a citizen of Bulgaria with an address in Zurich, Switzerland. No directors are listed. Previous directors include Christo Georgiev Georgiev, who resigned effective October 11th, 2018; Anthony Paris, who resigned effective October 12th, 2018; Christoph Boeckle, who resigned effective October 21st, 2018; Mario Gauci, who resigned effective October 30th, 2018; Herbert Weininger, a citizen of Germany, who resigned effective October 21st, 2018, and Susanne Lehmann, who resigned effective April 8th, 2015. Signia Holding Ltd. was incorporated in Malta on December 5th, 2013, its directors are Eugene M. Alexander, a citizen of the United States with an address in Marathon, Florida, USA, and Christo Georgiev Georgiev, and its shareholders are E E Capital Limited, of Jersey, in the Channel Islands; Net-M Privatbank 1891 AG, of Germany; Signia Group AG, of Zurich, Switzerland, and Eugene Alexander.

Public Notice by the Malta Financial Services Authority that it has imposed a fine of €30,000 on CCGM Pension Administrators Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that CCGM Pension Administrators Limited was incorporated in Malta on August 31st, 2016, its directors are Nicholas Calamatta, Michael Galea, Julian Mamo, and Mark Mamo, all of Malta, and its shareholders are Calamatta Cuschieri Group Plc and Gasanmamo Insurance Limited, both of Malta.

Public Notice by the Malta Financial Services Authority that it was directed Real Exchange (REX) Limited "to cease the on-boarding of new clients with immediate effect". Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Real Exchange (REX) Limited was incorporated in Malta on September 3rd, 2018, its directors are Adriano Cefai, of Malta; Viktor Kochetov, and Alexander Yelsky, both citizens of Ukraine, and its sole shareholder is K-Worldwide Group 18 Ltd., which was incorporated in Malta on September 25th, 2019, whose directors are Adriano Cefai, Viktor Kochetov, and Alexander Yelsky, and whose shareholders are Kyrrex Holding Limited, of Cyprus; Peter's Lab Spolka z Ograniczona Odpowiedzialnoscia, of Poland; RV70 Holding Limited, of England; Adriano Cefai, Darko Perovic, of Marbella, Spain; Yermek Tursunov, of Kazakhstan, and Clarissa Zammit Maempel, of Malta. According to records maintained by the Cyprus Registrar of Companies, Kyrrex Holding Limited was incorporated on October 2nd, 2018 and its directors are Viktor Kochetov and Lazarus Ioannou. According to Companies House for England and Wales, RV70 Holding Limited was incorporated on November 20th, 2014 and its sole director and controlling person is Ruggero Venturini, described as a citizen of Italy residing in Malta. On the website of Real Exchange (REX) Limited at kyrrex.com, it is stated: "Founded in June 2016, Kyrrex is a digital wallet and professional platform where traders and consumers can trade in new digital assets - cryptocurrencies, such as Bitcoin, Ethereum, Ripple, EOS, Litecoin, Cardano, NEO, Monero and many others."

Public Notice by the Malta Financial Intelligence Analysis Unit that it has imposed a fine of €373.670 on Insignia Cards Limited for regulatory breaches. Editor's Note: Research by OffshoreAlert in the Malta Business Registry showed that Insignia Cards Limited was incorporated on November 17th, 2011, its sole director is George Kesidy, a citizen of the United Kingdom, with an address in London, England; previous directors include Joseph Zammit Tabona and Charles Rapa, citizens of Malta who both resigned effective July 31st, 2020, and its shareholders are George Kesidy and Insignia Malta Holding Limited, which was incorporated in Malta on November 17th, 2011, whose directors are George Kesidy and Nada Tucakov, a citizen of Serbia with an address in London, England, and whose shareholders are George Kesidy and Insignia International Limited, which, according to the Cyprus Registrar of Companies, was incorporated in Cyprus on November 11th, 2011 and whose sole director is Irodotos Kasapis. The Malta Business Registry shows that PricewaterhouseCoopers resigned as auditor of Insignia Cards Limited effective October 28th, 2020.

Following the recent collapse of criminal charges in New York against its beneficial owner, Ali Sadr Hasheminejad, Malta-based Pilatus Bank Plc intends to sue the Germany-based European Central Bank for damages for revoking its license.