Asset Management Licensing Authority Act

GUOSMM-A-2026-008 · 2026-07-15T00:00:00Z

---

guosmmDocumentId: GUOSMM-A-2026-008

title: "Asset Management Licensing Authority Act"

instrumentVersion: 1.0

language: en

publishedAt: 2026-07-15T00:00:00Z

effectiveAt: 2026-07-15T00:00:00Z

signingAuthority: "Sovereign Military Order of Malta"

licenseId: LICENSE-SHOSJJ-ASSET-MANAGEMENT-LICENSING-2026-001

entityId: shosjj-licensing-authority

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GAZZETTA UFFICIALE DELL'ORDINE SOVRANO MILITARE DI MALTA

OFFICIAL GAZETTE OF THE SOVEREIGN MILITARY ORDER OF MALTA (GUOSMM)

FieldValue
Document ID`GUOSMM-A-2026-008`
SeriesA
Document typeLicensing Authority Act
Published2026-07-15T00:00:00Z
Effective2026-07-15T00:00:00Z
Licence number`LICENSE-SHOSJJ-ASSET-MANAGEMENT-LICENSING-2026-001`
Entityshosjj-licensing-authority

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Asset Management Licensing Authority Act

Section 1 — Purpose

1.1 This Act establishes the Gazette licensing framework for regulated asset management, including venture capital, hedge fund, and wealth management activity.

1.2 The Act creates the institutional basis for a controlled license stack rather than a single overbroad financial authorization.

1.3 The Act is intended to be published as a Tier 1 GUOSMM instrument and incorporated by reference into all sector add-ons under this package.

Section 2 — Licensing principle

2.1 A firm may be licensed as an investment manager, fund manager, adviser, or wealth manager only to the extent stated in its published instrument.

2.2 Additional regulated activities, including dealing, arranging, execution, custody, derivatives, commodities, or cross-border solicitation, require express separate authorization.

2.3 No implied permission arises from general asset-management status alone.

Section 3 — Role separation

3.1 The Licensing Authority is the sole issuer of licenses under this framework.

3.2 Prudential supervision, client-asset controls, tax treatment, and respondent-jurisdiction approvals remain separate matters and are not absorbed into the licensing act by publication alone.

3.3 The Act does not create banking, deposit-taking, payment-institution, broker-dealer, exchange, or custodian equivalence.

Section 4 — Publication mechanics

4.1 Every license instrument under this framework shall include:

  • a unique `licenseId`
  • a controlled `licenseClass`
  • a defined `activityScope`
  • a jurisdiction scope statement
  • a client-class statement
  • a custody statement
  • a revocation path
  • a supersession rule

    • 4.2 The Gazette registry shall expose each published instrument with status, effective date, and hash or signature references.

    Section 5 — Eligibility baseline

    5.1 The licensing authority may require, as conditions precedent:

  • fit-and-proper controllers and officers
  • minimum capital or financial resource thresholds
  • AML/CFT controls
  • conflicts-of-interest policies
  • outsourcing and data-protection controls
  • client-asset segregation controls
  • annual reporting and audit

    • 5.2 The authority may impose additional conditions for public, retail, or cross-border business.

    Section 6 — Revocation and appeals

    6.1 Suspension, variation, and revocation shall be recorded in the Gazette.

    6.2 Appeals shall follow the licensing ladder and any judicial review path specified in the foundational SHOSJJ instruments.

    Section 7 — Non-claims

    7.1 Publication under this Act does not itself create host-state authorization.

    7.2 External regulatory recognition, passporting, or market access remains subject to local law and bilateral approval where applicable.

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    *Signing authority: Sovereign Military Order of Malta*