About us
The Malta Financial Services Authority (MFSA) is the single regulator of financial services in Malta. The MFSA regulates banking, financial institutions, insurance companies and insurance intermediaries, investment services companies and collective investment schemes, securities markets, recognized investment exchanges, trust management companies, company services providers and pension schemes. Since 2018, it is also responsible for regulating Virtual Financial Assets.
About us
The Malta Financial Services Authority (MFSA) is the single regulator of financial services in Malta. The MFSA regulates banking, financial institutions, insurance companies and insurance intermediaries, investment services companies and collective investment schemes, securities markets, recognized investment exchanges, trust management companies, company services providers and pension schemes. Since 2018, it is also responsible for regulating Virtual Financial Assets.
Mission and Vision
Our mission and vision is driven by our five core values which guide the MFSA in the conduct of its operations and which are essential for the fulfilment of our mission and the achievement of our vision. They constitute the foundation of our governance and are instilled in our work ethic.
Read more about our Vision 2021 here.
Strategic Statement
The Strategic Statement published in February 2023 identifies the high-level areas that the MFSA will focus on to deliver on its statutory responsibilities in line with its mission and vision.
These focus areas will in turn inform our business plans and help define our priorities over the short to medium term, specifically until 2025.
Read more about our Strategy here.
Supervisory Priorities
The MFSA’s Supervisory Priorities indicate the key areas of activity which the Authority will be focusing on during the year 2024, building on the strategic objectives set out in the MFSA Strategic Statement. The Supervisory Priorities for 2024 were identified following careful consideration of the market environment and regulatory developments, as well as the European Supervisory Authorities’ priorities, those of the European Central Bank (ECB) and the direction provided by the European Commission. The recommendations of international standard setters, and MFSA’s own regulatory and supervisory experience were also taken into account.
Read more about our Supervisory Priorities 2024 here.
Mission
To be an independent, proactive and trustworthy supervisory authority whose purpose is to safeguard the integrity of markets and maintain stability within the financial sector for the benefit and protection of consumers.
Vision
To be a leading forward looking financial services regulator, having the respect and trust of the industry and the general public, contributing towards a strong and dynamic financial sector.
Governance
Our Governance Framework document establishes the parameters within which the Malta Financial Services Authority operates. The objective of the corporate governance framework is to define the constitution of the MFSA in the way that it is governed, directed, and controlled by its internal governing bodies, being primarily the Board of Governors and the Executive Committee.
Read more about our Governance Framework here.
Risk Appetite Statement
The MFSA acts in accordance with its risk appetite statement to achieve its strategic goals and objectives, in pursuit of its vision as the single regulator of financial services in Malta. The Risk Appetite document seeks to ensure the better identification, evaluation, management, and communication of the Authority’s approach to risk.
The MFSA’s Risk Appetite Statement sets boundaries of acceptable levels of risk in key areas of the Authority’s activities as a financial services supervisor.
Supervisory Risk-Based Approach
Adopting a risk-based approach to supervision enables the MFSA to better allocate its resources, supervisory plans and procedures on the basis of the unique risk profile of each firm under its supervision.
Read more about our Supervisory Risk-Based Approach here.
Our values
Integrity
Trustworthiness
Dependability
Excellence
