The Malta Financial Services Authority (“MFSA”) has decided to issue a reprimand against Curmi & Partners Ltd., for the Company’s failure to submit a Personal Questionnaire for the appointment of a Chief Executive Officer within the deadlines stipulated by the MFSA.

Address:

Finance House,
Princess Elizabeth Street,
Ta’ Xbiex XBX 1102
Malta

Business Activity: Investment Firm

Breaches

The identified deficiency related to the Company’s failure to submit a Personal Questionnaire for the appointment of a Chief Executive Officer within the deadlines stipulated by the MFSA. However, the Company has revised its governance structure and actively sought to rectify this deficiency by nominating a Chief Executive Officer. The Company’s cooperative approach and the extent of the Company’s remedial action have been taken into consideration by the Authority when determining what action to take.

Regulatory Action

On 18 January 2024, the MFSA issued a reprimand against Curmi & Partners Ltd.

Publication

This reprimand is being published in terms of the powers vested in the Authority under Article 16(8) of the Malta Financial Services Authority Act.