GANADO capital markets lawyer Nicholas Curmi was interviewed by Structured Credit Investor, a market data website for the structured finance
News & Events
GANADO Advocates will be participating in a seminar with the theme "Setting up a reinsurance SPV & listing of Insurance-Linked Securities in Malta."
GANADO Advocates Partner Richard Ambery (Securitisations and SPV's) will be participating in the SIFMA's annual Insurance-and-Risk-Linked Securities Conference.
Malta’s financial services regulator, the Malta Financial Services Authority, has signalled its willingness to fast-track applications for structures issuing insurance linked securities, provided timeframes are agreed with participants in advance and accurate and complete information is provided at every stage of the structuring and documentation process.
On 31 May, 2013 the Malta Financial Services Authority (MFSA) published a consultation note and draft regulations permitting the establishment of Special Purpose Reinsurance Vehicles (Reinsurance SPVs) in Malta.
A project to rationalise the bank debt of Enemalta Corporation, Malta’s state-owned single generator and distributor of electricity, finally came to fruition after a lengthy and intense commercial and governmental process leading to the transaction documents being signed on the last day of 2012. What the transaction parties dubbed “Project Vault” represented probably both the largest ever transfer of Government immovable property and domestically arranged debt financing in Maltese history.