News Releases

The importance of good corporate governance extends beyond regulatory requirements and may help to protect depositors, policyholders and investors, according to the Chief Officer for Supervision at the Malta Financial Services Authority, Christopher P. Buttigieg. He believes that well-managed and ...

The Malta Financial Services Authority is working closely with banks to ensure that they are able to recognise early warning signs of credit deterioration once COVID support measures are phased out. A number of measures were introduced by the Authorities to support the real economy but these coul ...

Proposals which would streamline EU Member States’ approach to anti-money-laundering and countering terrorism financing will be on the agenda at a two-day conference being organised by the Malta Financial Services Authority, in collaboration with its training arm, the Financial Supervisors Academy ...

The Malta Financial Services Authority on Tuesday issued 194 authorisations for practitioners to act as company service providers, nearly doubling the previously authorised population. The concept of authorisation for company service providers was introduced by a law enacted in 2013. However, thi ...

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 ...