https://www.um.edu.mt/library/oar/handle/123456789/4827 2026-04-09T04:42:03Z 2026-04-09T04:42:03Z https://www.um.edu.mt/library/oar/handle/123456789/122553 2024-05-21T13:55:16Z 2009-01-01T00:00:00Z

Title: Potential of, scope for, and obstacles facing the hedge fund industry in Malta Abstract: There is large scope for Malta in the Alternative Investments Industry yet this potential is tainted and limited to how well prepared Malta may be. This industry known to be results-based and cut-throat will pass Malta by in a 'flash' given the continual moving parts the ongoing and stiffening competition with other similar jurisdictions (competitors of Malta as a Hedge Fund Industry jurisdiction) which include larger well established and considered as more 'secure' jurisdictions. The potential for Malta is from both Hedge Funds as well as Hedge Fund Managers. The latter though will always have direct employment opportunities as well as require support services in Malta and consequently this is where the main growth opportunity lies from a workforce stand point. However, with an increase in Hedge Funds there will equally be an increase in demand for skilled labour through the service providers of such Hedge Funds. This thesis thus speaks to the general industry but encompasses the potential for Malta from both the Hedge Funds and the Hedge Fund Managers be it directly with the managers or indirectly through service providers. Malta has a unique situation which can lend towards its further growth in financial services. English being its main business language is of significance given the large number of hedge funds operating in or from the UK, as well as the business language used in the financial markets in UK and US amongst others. Malta is well positioned from a geographical and political stand point with access to Southern European, Northern Africa and the Middle Eastern block. Human Resources, though in dear need of further training, have in generations proved to quickly grasp change which is a key driver within the industry. Above all though is the size of Malta and its recognized regulated status and EU membership. The latter has proved, as seen in this document, that Malta has structured itself well over the past decade which should serve well in the years to come. The size of Malta and its workforce of approximately 160,000, 3.8% (or 6,000) of which are in financial services ( outside of the practitioners) , can be highly impacted with a small change. Malta's plans are to increase financial services to 12% of the work force so an expected increase of 13,200 or triple the current work force, with an increase from 12% as reported currently to 25% of GDP as reported by the Finance Minister at a recent Conference held by the MaltaFinance. The overall scope of the thesis as the title notates, is to review the potential opportunities brought to our shores from the hedge fund industry and compare and contrast various elements to other jurisdictions including a review of how Malta claims to be organized and ready for the managers /promoters and investors alike taking into account what investors and managers/promoters set-up in Malta have to say. [...] Description: M.A.FIN.SERVICES

2009-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/15518 2020-05-15T06:52:13Z 2009-01-01T00:00:00Z

Title: Master of Arts in Law 2009 Abstract: A list of the Master of Arts in Law dissertations submitted in 2009 Description: M.A.LAW

2009-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/15455 2020-05-15T06:49:11Z 2009-01-01T00:00:00Z

Title: Master of Arts in Financial Services 2009 Abstract: A list of the Master of Arts in Financial Services dissertations submitted in 2009 Description: M.A.FIN.SERVICES

2009-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/5123 2017-07-24T10:31:32Z 2009-01-01T00:00:00Z

Title: Consumer law : a historical perspective of the years 1930 to 1994 Abstract: Consumer legislation was inexistant in the 1930s as was the distinction between a consumer and an ordinary buyer. In the Maltese Civil Code, being the oldest law which this disertation made reference to, the consumer as a recognised figure was only present in its absence. Many years had to pass until in 1981 the Consumer Protection Act recognised the consumer not by laying down a definion but by recognising consumers organisations. Prior 1981 the consumer had to find redress in other laws as an ordinary buyer. No specific legislation was enacted and the consumer was deemed to be the passive subject of the law. The 1981 Consumer Protection Act was the first piece of legislation which was enacted specifically to protect consumers by the recognition and the granting of criminal and civil immunity to Consumers' Organisations when issuing bona fide statements. This was the first step in a long journey in consumer legislation albiet such step was seen as a false start. The Trade Description Act 1986 and the Door-to-Door Salesman Act 1987 were two laws which followed suite. The former piece of legislation was intended to protect consumers from misleading or fraudulent advertising of goods and services. The Door-to-Door Salesman Act was a specific legislation to regulate sales conducted in private residences. These two laws were public in nature but history showed that no or few prosecutions were made. 3 In 1994 the Consumer Affairs Act repealed the Consumer Protection Act. This legislation claims to be the basis of todays consumer protection. In 1994 however, it was not that comprehesive in substantive consumer law but provided a structure for a Department, the appointment of a Director, a Council and a Tribunal for the protection of consumers. It also provided a definition of who was a consumer. In spite of the these four pieces of legislation and the recognition of the figure of the consumer, the reality in 1994 has been somewhat short of the rhetoric as can be shown by the systematic analysis of these consumer protection legislation. Description: M.A.LAW

2009-01-01T00:00:00Z