Investment Services Act (UCITS Administrative Penalties, Measures and Investigatory Powers) (Amendment) Regulations, 2016 INVESTMENT SERVICES ACT (CAP. 370)

This regulation updates the rules regarding administrative penalties, enforcement measures, and investigatory powers under the Investment Services Act. It specifically focuses on Undertakings for Collective Investment in Transferable Securities (UCITS), ensuring that regulatory authorities have the necessary tools to oversee investment funds and maintain market integrity. This affects financial institutions and fund managers operating UCITS in Malta. It clarifies the penalties for non-compliance and strengthens the ability of regulators to investigate potential breaches of investment laws.