Timberland Invest Ltd, a financial services firm licensed by the Malta Financial Services Authority (MFSA), this year commemorated its fifth-year anniversary since it set up office in Malta.
Timberland Invest Ltd forms part of the Timberland Group of Companies, which has over 25 years’ experience with authorised entities in Malta, Germany and Luxembourg. After successfully operating throughout all these years within the EU, it made sense to strategically grow the operations of the group in the Mediterranean region and establish a foothold in other jurisdictions within the EU. Malta thus became the location of choice for the management of the Timberland Group.
Timberland Invest Ltd was registered in Malta in 2013 and since 2014, has been authorised by the MFSA under the Investment Services Act of 1994 with a Category 1A licence. The European Union law, through various Directives applying to all EU member states, provides a harmonised regulatory framework for investment service providers across the EU member states.
Through this common framework, financial products and services can be passported in or out of Malta, through the Prospectus Directive. In fact, in 2016, Timberland Securities Investment plc was set up, and has published and passported a prospectus in terms of this Directive.
Timberland Securities Investment plc raises capital by issuing bonds to the general public. So far, two bonds have been issued in August 2016 and July 2017 with the same terms and conditions during the tenure of the bond. Following on the success of these bond issues, in the fourth quarter of 2018, Timberland Securities Investment plc has issued two new bonds in terms of a new prospectus. Timberland Invest Ltd has been appointed as the authorised distributor of the bonds in Malta.