worth individuals and highly qualified persons further encourage
a brain drain towards Malta. Bloomberg has favorably highlighted
Malta���s hedge fund industry, which are increasingly gaining more
attention globally.
Dr. Charles Cassar, a financial services lawyer with Chetcuti
Cauchi Advocates, writes that ���Malta is uniquely well suited as
a platform for investment services providers looking to target
a European clientele. The jurisdiction (Malta) provides an
affordable cost base, passporting rights and an ���open for business���
regulatory environment.���
Providing Malta, like so many other economies in Europe,
America and elsewhere, can address looming unsustainable
financial excesses, posing an increasing financial burden and
potential drain, even collapse, the increasing success of the high
tech and financial services industries in Malta bode well for
Malta���s economy and for the benefit of all of its citizens. Ranked
as having the 13th most stable banking system in the world, Malta
has great expectations and even greater prospects. H
HYLAND
