RiskCap International Ltd.: €4.5K Fine
Public Notice by the Malta Financial Services Authority that it has imposed a fine of €4,500 on RiskCap International Limited for regulatory breaches.
Malta FSA cancels licenses of three investment firms, fines two others
In a series of regulatory actions announced on Friday, the Malta Financial Services Authority cancelled the licenses of three investment firms and imposed fines on a retirement scheme and its administrator.
US affiliate of Malta bank accused of massive fraud by SEC
New York-based, Cayman Islands-administered investment adviser International Investment Group LLC, which is affiliated with Malta's IIG Bank, with both owned by a bankrupt fund in Curaçao, committed "a string of frauds to cover up tens of millions of dollars in losses", the SEC has alleged.
STM Malta Trust and Company Management Ltd.: Appeal Withdrawal
Announcement by the Malta Financial Services Authority that STM Malta Trust and Company Management Limited has withdrawn its appeal against an administrative penalty.
Malta regulator shuts down funds managed by Swiss firm Novium AG
Malta-domiciled investment fund firm Excellence Investment Umbrella SICAV Plc, which is managed by Swiss investment manager Novium AG, has been ordered to go into liquidation by its local regulator, the Malta Financial Services Authority.