Transitional Process
Application for a PersonalRetirement Scheme
SECTION 1
Details Of ThePersonal Retirement Scheme
1.1 / Name of the Scheme1.2 / Please confirmthe Legal Form of the Scheme
-An investment company with variable share capital under the Companies Act (Cap 386 of the Laws of Malta)
-A Trust by trust deed under the Trusts and Trustees Act (Cap 331 of the Laws of Malta)
Non-Discretionary
-Contract in terms of the Civil Code (Cap 16 of the Laws of Malta)
-Any other legal form as approved by the MFSA
SECTION 2
GOVERNANCE AND STRUCTURAL DETAILS OF THE Personal Retirement SCHEME
Governance
2.1 / If the Scheme is established in the form of a SICAV, please list the names of the Board of Directors2.2 / If the Scheme is established in the form of a Trust, Contract or SICAV please confirm the name of the appointed Retirement Scheme Administrator
2.3 / Does the Scheme intend to appoint or has appointed an Investment Manager?
Yes / No:
If Yes, please indicate the name of the Investment Manager:
2.4 / Does the Scheme intend to appoint or has appointed a Custodian?
Yes / No:
If Yes, please indicate the name of the Custodian:
2.5 / Does the Scheme intend to appoint or has appointed an Investment Advisor?
Yes / No:
If Yes, please indicate the name of the Investment Advisor:
2.6 / Does the Scheme intend to appoint or has appointed a Back Office Administrator?
Yes / No:
If Yes, please provide us with the contact details (including name, address, e-mail address, contact person and contact number) of the proposed Back-Office Administrator:
2.7 / Please describe how the independence requirements between the Scheme, Retirement Scheme Administrator and service providers, as may be applicable, are being satisfied.
Contributions and Benefits
2.8 / Please confirm whether the contributors to the Scheme are different than the members of the Scheme. If yes, please provide details.2.9 / Will members have the option of transferring to another pension scheme?
Yes: No:
Investment of Scheme Assets
2.10 / Please confirm whether the Members’ contributions are being invested in line with the Investment Restrictions set out in B3.2 of the Personal Retirement Scheme Rules2.11 / If the Scheme offers an element of member direction, please provide details as to how compliance with the applicable investment restrictions is being achieved:
Member Directed Investments Schemes
2.12 / Please give details of the arrangements entered into by the member with Investment Managers and / or Investment Advisors and the relationship thereof with the Scheme / Retirement Scheme AdministratorSECTION 3
Other Information
Please submit a revised Scheme’s Constitutional Document, Scheme Document and Scheme Particulars (all in tracked format) reflecting, as a minimum, the information outlined in Appendices 1 to 3 (as applicable) of Part C - Appendices to Pension Rules for Personal Retirement Schemes.
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