The NBCG Fund SICAV plc recently requested the Malta Financial Services Authority to accept surrender of the collective investment scheme licence granted in relation to one of its sub-funds, the “NBCG Multi-Strategy 2 Sub-Fund”.
The MFSA has accepted the scheme’s request. This surrender is entirely voluntary and does not arise as a result of any regulatory action taken by the MFSA. Accordingly, with effect from 6 February the sub-fund ceased to be licensed by the MFSA.