Malta continues to be a competitive jurisdiction for the establishment of Alternative Investment Funds. The Malta Financial Services Authority introduced a new application process and have committed to efficient turnaround times when reviewing fund applications. Funds and fund managers also benefit from a fiscally efficient tax framework and while other EU jurisdictions have become expensive, Malta offers numerous cost advantages including professional fees, licence and supervisory fees, cost of staff, office space, and set-up costs. One of the most recent additions to Malta's fund framework is the Notified AIF regime, which is designed to optimize time-to-market, while also increasing cost-efficiency of the set-up for emerging managers.