Notification of Concentration
In terms of regulation 5(4) of the Control of Concentrations Regulations, 2002 published in Legal Notice 294 of 2002, the Director General of the Office for Competition notifies for general information that a notification of a concentration between Apex Consolidation Entity Ltd (London, UK), and ZASMalta Limited (Sliema, Malta) was filed on Friday, 1 July 2022.
The nature of the concentration is an acquisition of sole control by Apex Consolidation Entity Ltd of ZASMalta Limited.
Apex Consolidation Entity Ltd is a financial holding company that is an indirect wholly owned subsidiary of Apex Group Ltd. Apex Group Ltd is a global financial service provider that delivers a range of services to asset managers, financial institutions, private clients and family offices. Its broad range of services include fund services, digital onboarding and bank accounts, depositary, custody, super ManCo services, corporate services, including HR and Payroll, and ESG Ratings and Advisory solution. ZASMalta Limited mainly provides regulatory compliance and risk management services to fund managers and funds. It also offers supplementary regulatory reporting and internal audit services.
The Director General of the Office for Competition invites interested third parties to submit their written objections on this notified concentration within seven days following publication of this notice at the following address:
Malta Competition and Consumer Affairs Authority
Office for Competition
Mizzi House
Triq Nazzjonali
Blata l-Bajda, HMR 9010
Malta