meta_id 3345399

On July 21, 2026, the Malta Financial Services Authority (MFSA) decided to cancel the collective investment licence of Investedge UCITS SICAV plc and its sub-fund in terms of Article 7(3)(b) of the Investment Services Act. The Scheme, based in Lija, Malta, is a collective investment scheme that had failed to meet multiple regulatory requirements. The MFSA determined that Investedge UCITS SICAV plc breached numerous provisions of the Malta Based UCITS Collective Investment Schemes Rules, including its failure to appoint a Compliance Officer and Money Laundering Reporting Officer, its failure to inform the MFSA of suspensions to Net Asset Value calculation and investor dealing, and its failure to submit required half-yearly and annual reports and financial statements within prescribed timeframes. The Scheme also failed to pay amounts due to the MFSA in a timely manner, maintain independent Directors, maintain sufficient financial resources, ensure at least one Director was resident in Malta, maintain an Investment Committee with at least three members, and maintain sufficient management resources. Additionally, the Scheme breached Regulation 8 of the Investment Services Act (Custodians of Collective Investment Schemes) Regulations due to termination of its custodian appointment. The MFSA's decision may be appealed before the Financial Services Tribunal within the period prescribed by applicable law. If an appeal is filed within this period, the cancellation becomes operative on the date the Tribunal dismisses the appeal or the appeal is abandoned. The MFSA has also issued a Directive requiring the Scheme to remove references to MFSA-regulated activities from its Memorandum and Articles of Association. The Scheme must file a winding-up application before Maltese courts within one month of the MFSA's decision.