A Stronger Framework for Single Family Offices
Malta is reinforcing its position as a leading jurisdiction for Single Family Offices (SFOs) through recent updates issued by the Malta Financial Services Authority (MFSA). These enhancements, developed together with the Malta Financial Services Advisory Council, aim to make the establishment and management of SFO structures more accessible and better aligned with the needs of families seeking a robust and regulated environment.
SFOs support families in managing private wealth, coordinating investment activity and planning for long-term continuity.
A Fit-for-Purpose and Flexible Structure
A Notified Professional Investor Fund (NPIF) may be used for an SFO structure when it is dedicated solely to the family’s own private wealth. These NPIF-based SFO structures may appoint an exempt fund manager, thereby reducing regulatory burden and removing a layer of licensing requirements for the family.
Eligibility thresholds have been introduced for NPIFs used in this context:
- €50 million minimum aggregate net asset value held by the family
- €5 million minimum investment into the NPIF
This approach offers a flexible structure while remaining grounded in Malta’s regulatory standards.
Greater Confidence for Families
These enhancements strengthen governance for families. Families and their trusted advisors may remain actively involved in oversight roles within their chosen structure – including through vehicles such as private trust companies – helping ensure alignment with long-term objectives, values and succession plans.
Why Malta?
These recent enhancements demonstrate Malta’s commitment to supporting the establishment and growth of SFOs. The updated framework provides greater clarity and proportionality, enabling families to structure arrangements that suit their specific needs while operating within a regulated environment.
Moreover, beyond regulatory advantages, Malta’s strategic location, favourable living standards, and supportive business ecosystem continue to make it an attractive option for families considering the establishment of an SFO.