Set up a protected cell with the first PCC in Malta

Assessment

After an initial exchange to understand the context of the enquiry and whether there are any material aspects that make such a proposal fall outside of the PCC’s own risk appetite or put into some doubt the cell’s feasibility, the client will get some indications on cost & other requirements and would then need to formally engage the PCC to assess the proposal in more detail.

During this process the additional information is analysed,and this would also cover a significant portion of the groundwork necessary for the potential cell set-up phase, including preparation of detailed financial projections and estimation of regulatory capital requirements.

Application and Setup

Before creation, each cell goes through the Malta Financial Services Authority application process, including the submission of a three- year business plan.