Trive Financial Services Europe Ltd.

• In forceMalta Financial Services Authority (MFSA)

  MiFID

  In this state since

  2 Oct 2026

  Designated

  24 Sept 2026

  Reason given

  Trive Financial Services Europe Limited (“the Company”) The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing directives against the Company in terms of Article 15 of the Investment Services Act and Article 16(2)(b) of the Malta Financial Services Authority’s Act. Address: Floor 5, The Penthouse, Lifestar, Testaferrata Street, Ta’ Xbiex XBX 1403 Malta Business Activity: Investment Firm REGULATORY ACTION Effective 1 September 2026, the MFSA decided to impose the following directives on the Company, directing it to: a) cease, with immediate effect, the onboarding of new clients until such time as the Authority is satisfied that the deficiencies identified in relation to the safeguarding of client assets and reconciliation procedures have been adequality addressed; b) direct the Board of the Company to, amongst others, approve and sign off transactions, with immediate effect, involving client designated accounts or pertaining to clients’ monies and assets, ensuring robust oversight and adequate supervisory controls; c) provide the Authority with all documentation confirming that client monies held by liquidity providers are maintained in the relevant accounts, by not later than forty-eight (48) hours from the receipt of the MFSA’s directive; and d) transfer client monies with counterparties that meet the requirements of Regulation 9(1) of the Investment Services Act (Control of Assets) Regulations (S.L. 370.05) as a matter of priority within one (1) week from the date of the MFSA’s directive. Furthermore, on 24 September 2026, the MFSA decided to direct the Company to cease any incoming or outgoing transactions from the accounts of the clients with immediate effect. This directive shall remain in place until the Company transfers client monies with counterparties that meet the requirements of Regulation 9(1) of the Investment Services Act (Control of Assets) Regulations (S.L. 370.05) or until the MFSA decides otherwise. 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. CLIENT QUERIES Clients of the Company are encouraged to refer to the MFSA website for information and updates. Dedicated Contact Line: +356 2548 5500 UPDATE ON 7 October 2026 Following recent developments, on 7 October 2026 the MFSA has decided to appoint Grant Thornton to occupy the role of a Competent Person who shall have the power to: take charge of the assets of the licence holder, or any portion of them, for the purposes of safeguarding the interests of investors, consumers, creditors or, if any, shareholders, of the licence holder; and assume control of the business of the licence holder, either to carry on that business or to carry out such other function or functions in respect of such business, or part thereof, including to take the necessary action for the licence holder to be dissolved and wound up, as the competent authority may direct. The term of the appointment of the Competent Person shall commence on 7 October 2026 and shall remain in force for a term of one (1) year unless extended by the parties. Grant Thornton can be contacted on: [email protected]

  Document

  The publisher's document (https://registers.esma.europa.eu/publication/details?core=esma_registers_sanctions&docId=sn15280)

  Stated by

  ESMA Sanctions Register

  First recorded here

  2 Oct 2026

  Listing id

  15280

No ownership verdict was on file for this company on 24 October 2026.

As recorded by the assessment reading taken on 2 October 2026, 12:15 UTC, the newest on or before the date. Only “checked, not found” means a source was read in full and held nothing for the company.

Where the company is registered or connected

• MT: registered here

  No company register for this jurisdiction has been connected to this system, and none has been examined. No register here states who owns this jurisdiction's companies, so an ownership chain reaching one stops.

• 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.

For each source behind this file, the newest read made on or before the date: the version of it that stood.

• ESMA Sanctions Register

  Read on 23 October 2026. No date from the publisher is read for this file, so its age is not known here. 845 records read.

Taken

2 October 2026, 12:15 UTC

Methodology

Version 5

Level

Low

Score recorded

49 of 100

Digest

3ef46a544d6ebea686bb549f2fc918b4ac5031f6A fingerprint of everything the reading says. The same reading always has this digest, and any change in it gives another.

Reading id

405ea45c-0a7a-46a0-86fe-20afe55cf9ab

Address

https://apolika.com/entities/aa5f56e5-c885-47fb-a125-997d49067101/evidence?as_of=2026-10-24The same address gives the same day's file tomorrow. What was recorded after the date is not in it.

As data

https://apolika.com/api/entities/aa5f56e5-c885-47fb-a125-997d49067101/evidence?as_of=2026-10-24T19%3A26%3A23.408Z

Made

24 October 2026, 19:26 UTC