News Releases

The MFSA has today published a status update on the implementation of the 2019 MFSA Anti-Money Laundering/Countering Funding of Terrorism (AML/CFT) supervisory strategy. The document marks the Authority’s ongoing commitment to developing and embedding best practices throughout the financial servic ...

Despite the adverse circumstances generated by the COVID-19 pandemic the Maltese financial services sector saw an increase of 5.5% in real Gross Value-Added rate which grew to €1.028 billion in 2020. The Malta Financial Services Authority has today published its Annual Report and audited Financ ...

As communicated by Public Notice 30-2018 on 22 March 2018, the Authority appointed a competent person in terms of Article 29(1)(c) and (d) of the Banking Act (Chapter 371 of the Laws of Malta) and Article 15A(1)(b) and (c) of the Investment Services Act (Chapter 370 of the Laws of Malta) for Pilat ...

The MFSA today published a Feedback Statement following a Consultation on revisiting the Corporate Governance Framework. The Authority received several responses from a wide range of industry participants and interested parties and carefully considered all feedback received. In its Strategic Plan ...

Non-Executive Directors play an important role in ensuring there is appropriate governance for banks in Malta. With governance being a critical part of the regulatory assessment of a bank by the MFSA, the Authority, organised a webinar for Non-Executive Directors and professional advisors on the reg ...

The Malta Financial Services Authority (MFSA) and the Malta Police Force have signed a Memorandum of Understanding (MoU) that provides a formal basis for cooperation between the two entities. The MoU aims to strengthen the relationship between the two entities and enhance their collaborative efforts ...

By means of a decree of the Court of 13 April 2021 relating to Zenith Finance Limited (‘Zenith Finance’), Mr Hector J. Spiteri was appointed as administrator of Zenith Finance to take control of the business of Zenith Finance as well as to preserve all the assets of Zenith Finance. As a conse ...

The MFSA today met virtually with over 500 company service providers (CSPs) as part of its efforts to support the industry by providing a comprehensive overview of the CSP reform and its implementation, as well as facilitating the new authorisation process. Emily Benson, Head, stated that the aim ...

As the MFSA has entered the last year of implementation of its Strategic Plan for 2019 – 2021, it has today published a Strategic Update, with a focus on the long-term sustainability of the financial services sector. The document takes stock of the overall progress made in the first two years o ...

Today the MFSA published a Feedback Statement following a Consultation Document on the Updated CSP Rules. The revised CSP Rulebook is fully aligned with the amendments made to the Company Service Providers Act (Cap 529 of the Laws of Malta) which was passed by Parliament as Act No. L of 2020 and pub ...