News Releases

Further to previous communications by the Authority on the appointment of a competent person for Nemea Bank plc (‘the Entity’), and the withdrawal of the licence of the Entity, the Authority has appointed Mr Michael Spiteri Bailey (‘Controller’) pursuant to article 29(1)(h) of the Banking Ac ...

The Malta Financial Services Authority (MFSA) has published its contribution to the growing literature on climate transition risk by estimating the short-term implications of the introduction of a hypothetical carbon taxation on the stability of the Maltese financial system. The research, conduct ...

MFSA Introduces New Application to License Crowdfunding Service Providers European Crowdfunding Service Providers are now able to provide crowdfunding services on a cross-border basis throughout the EU without needing to obtain separate authorisation in each Member State. This development is part ...

Climate change will expose banks to physical and transition risks which will need to be properly assessed and incorporated into their business plans, risk quantification and governance, according to David Eacott, the Head of Banking Supervision at the Malta Financial Services Authority. However, ...

The introduction three years ago of a framework by Malta Financial Services Authority to regulate virtual financial assets was ground-breaking at the time but has since been adopted by numerous regulators as a way to prevent money-laundering and terrorism financing, according to the Authority’s CE ...

The Malta Financial Services Authority has published a Discussion Paper for stakeholders reviewing the MFSA Asset Management Strategy, aimed at boosting this important sector. This Discussion Paper is the first to be issued under the new CEO, Joseph Gavin, and reflects the importance that he is a ...

The Malta Financial Services Authority has developed a Domestic Insurance Stress Test framework, which is the first comprehensive exercise of its kind to assess the resilience of the domestic insurance sector should there be an adverse scenario. The scenario chosen for this stress test was a prot ...

The need for a depositary passport was highlighted by the Malta Financial Services Authority during a webinar on Wednesday dedicated to the ongoing review of the directive covering asset management. The webinar about the Alternative Investment Fund Managers Directive (AIFMD) was organised by the ...

The Malta Financial Services Authority is participating in the fifth annual World Investor Week (WIW) which is being organised by the International Organisation of Securities Commissions (IOSCO) from 4 to 10 October 2021. The WIW is a global campaign that raises awareness of the importance of invest ...

Hon. Clyde Caruana, Minister for Finance and Employment was welcomed by Prof. John Mamo, Chairman of the Board of Governors, and introduced to the MFSA’s new CEO, Joseph M. Gavin. The Minister also met with the Board of Governors and the Authority’s Executive Committee members. Together with MFS ...