{"kind":"evidence_file","company":{"id":"4449c03a-c6ff-4254-96a1-60f5994098ab","name":"Investors Europe (Malta) Limited","mergedInto":null},"asOf":"2026-10-25T01:45:14.590Z","asOfBasis":"instant","generatedAt":"2026-10-27T07:39:40.150Z","claims":[{"predicate":"name","value":"investors europe (malta)","source":"ESMA Sanctions Register","sourceUrl":"https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_sanctions","sourceRecordId":"sn14488","observedAt":"2026-09-12T19:09:03.982Z","confirmedAt":"2026-10-23T12:00:20.700Z","validFrom":null,"validTo":null,"supersededLater":null},{"predicate":"primary_country","value":"MT","source":"ESMA Sanctions Register","sourceUrl":"https://registers.esma.europa.eu/publication/searchRegister?core=esma_registers_sanctions","sourceRecordId":"sn14488","observedAt":"2026-09-12T19:09:03.986Z","confirmedAt":"2026-10-23T12:00:20.703Z","validFrom":null,"validTo":null,"supersededLater":null}],"listings":[{"listingId":"14488","regime":"Malta Financial Services Authority (MFSA)","program":"Debarment","state":"lifted","stateSince":"2026-09-12T19:14:37.309Z","recordedAt":"2026-09-12T19:09:04.013Z","designatedAt":"2025-09-04T00:00:00.000Z","validTo":null,"legalBasis":null,"reason":"Investors Europe (Malta) Limited (Previously known as Dolfin Asset Services Limited) (“the Company”) The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of one hundred and thirty-thousand-euro (€130,000) and the issuance of a directive on Investors Europe (Malta) Limited for the breaches of the MiFID Rules and the Investment Services Act (Control of Assets) Regulations. Address: Level 1,4 Triq L-Inginieri Valletta VLT 1320 Malta Business Activity: A Class 2 Investment Firm and a depositary of collective investment scheme in terms of the Investment Services Act. BREACHES The MFSA determined that the Company acted in breach of Rule R1-1.8.13, Rule R1-1.5.1.2 and Rule R1-1.5.3.6 of the MiFID Rules and Article 7(11) of the Investment Services Act (Control of Assets) Regulations. REGULATORY ACTION On 4 September 2025 the MFSA decided to proceed with imposing an administrative penalty of one hundred and thirty-thousand-euro (€130,000) for the breaches of R1-1.8.13 of the MiFID Rules and Article 7(11) of the Investment Services Act (Control of Assets) Regulations. The Authority further decided to issue a directive in terms of Article 16 of the MFSA Act and Article 15 of the ISA for the breach of Rule R1-1.5.1.2 and Rule R1-1.5.3.6 of the MiFID Rules: Directing the Company to amend its policies and procedures as requested by the Authority in its Report, in order to have effective systems and procedures in place as per the requirements of the ISA and its Rules within six (6) months from its decision. The Company is in the interim required to report to the MFSA on a monthly basis the progress of the required amendments to its policies and procedures. It should be noted that the MFSA’s decision may be appealed before the Financial Services Tribunal within the period as prescribed by the applicable law. PUBLICATION This notice is being published in terms of Article 16(8) of the Malta Financial Services Authority Act and the MFSA’s Publication Policy. UPDATE ON 13 OCTOBER 2025 The Authority’s decision was appealed before the Financial Services Tribunal within the period established by law. UPDATE ON 3 JUNE 2026 On 3 June 2026 the Authority decided to lift the directives imposed on the Company after careful consideration of all the circumstances of the case, including remedial action adopted by the Company.","sanctionType":null,"documentUrl":"https://registers.esma.europa.eu/publication/details?core=esma_registers_sanctions&docId=sn14488","assertedBy":["ESMA Sanctions Register"],"sourceNow":"ESMA Sanctions Register"},{"listingId":"14488","regime":"Malta Financial Services Authority (MFSA)","program":"MiFID","state":"in_force","stateSince":"2026-09-12T19:14:36.961Z","recordedAt":"2026-09-12T19:14:36.961Z","designatedAt":"2025-09-04T00:00:00.000Z","validTo":null,"legalBasis":null,"reason":"Investors Europe (Malta) Limited (Previously known as Dolfin Asset Services Limited) (“the Company”) The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing an administrative penalty of one hundred and thirty-thousand-euro (€130,000) and the issuance of a directive on Investors Europe (Malta) Limited for the breaches of the MiFID Rules and the Investment Services Act (Control of Assets) Regulations. Address: Level 1,4 Triq L-Inginieri Valletta VLT 1320 Malta Business Activity: A Class 2 Investment Firm and a depositary of collective investment scheme in terms of the Investment Services Act. BREACHES The MFSA determined that the Company acted in breach of Rule R1-1.8.13, Rule R1-1.5.1.2 and Rule R1-1.5.3.6 of the MiFID Rules and Article 7(11) of the Investment Services Act (Control of Assets) Regulations. REGULATORY ACTION On 4 September 2025 the MFSA decided to proceed with imposing an administrative penalty of one hundred and thirty-thousand-euro (€130,000) for the breaches of R1-1.8.13 of the MiFID Rules and Article 7(11) of the Investment Services Act (Control of Assets) Regulations. The Authority further decided to issue a directive in terms of Article 16 of the MFSA Act and Article 15 of the ISA for the breach of Rule R1-1.5.1.2 and Rule R1-1.5.3.6 of the MiFID Rules: Directing the Company to amend its policies and procedures as requested by the Authority in its Report, in order to have effective systems and procedures in place as per the requirements of the ISA and its Rules within six (6) months from its decision. The Company is in the interim required to report to the MFSA on a monthly basis the progress of the required amendments to its policies and procedures. It should be noted that the MFSA’s decision may be appealed before the Financial Services Tribunal within the period as prescribed by the applicable law. PUBLICATION This notice is being published in terms of Article 16(8) of the Malta Financial Services Authority Act and the MFSA’s Publication Policy. UPDATE ON 13 OCTOBER 2025 The Authority’s decision was appealed before the Financial Services Tribunal within the period established by law. UPDATE ON 3 JUNE 2026 On 3 June 2026 the Authority decided to lift the directives imposed on the Company after careful consideration of all the circumstances of the case, including remedial action adopted by the Company.","sanctionType":null,"documentUrl":"https://registers.esma.europa.eu/publication/details?core=esma_registers_sanctions&docId=sn14488","assertedBy":["ESMA Sanctions Register"],"sourceNow":"ESMA Sanctions Register"}],"ownership":[],"lists":[{"source":"ESMA Sanctions Register","readAt":"2026-10-23T12:00:38.517Z","recordsRead":845,"publishedAt":null,"publishedAtBasis":null,"publisherVersion":null,"publisherRecordCount":null,"daysOldWhenRead":null,"detail":null,"statement":"Read on 23 October 2026. No date from the publisher is read for this file, so its age is not known here."}],"reading":{"assessmentId":"8d0d6ac2-8f7f-4dce-a876-f7429a89db4d","takenAt":"2026-09-12T19:15:03.966Z","methodology":"v4","level":"medium","overall":65,"digest":"0985ae335d9e8fffe17411997adb0aaa3b87428c","coverage":{"dimensions":[{"counts":{"found":1},"sources":[{"name":"ESMA Sanctions Register","status":"found","attemptedAt":"2026-09-12T19:14:40.601Z"}],"dimension":"sanctions"}],"jurisdictions":[{"gap":"No company register for this jurisdiction has been connected to this system, and none has been examined.","reasons":["registered here"],"countryId":"MT","registers":[]}]},"ownership":null},"limits":["Whether each listing was in force is rebuilt from what was recorded here: when it was first read, when a source stopped or resumed carrying it, and when its published term ended. A listing in force at an authority before this system first read it is shown from that first read.","No ownership verdict is kept for this company. Verdicts are kept for companies registered where shareholders are read here: Estonia, Latvia and Poland."]}