A RICC is not itself a collective investment scheme and may therefore not itself carry out any licensable activity as such. A RICC may only provide services of an administrative nature to its associated funds (the Incoporated Cells or ICs), in relation to which it must first be issued with a Recognition Certificate by the Regulator, the Malta Financial Services Authority (MFSA), in terms of the Investment Services Act. The administrative services are listed in the Schedule to the Regulations and comprise:
Our RICC has a number of pre-arranged service providers, such as directors (including corporate directors), custodians, auditors and compliance or money laundering reporting officers. With the regulatory credentials in place and a near-identical, systematic method implanted, these service providers are able to offer their assistance with a pre-conceived structure already in place.