News Releases

The financial services industry is undergoing a digital transformation, introducing innovative products, services and organisational forms. Yet, while recent technological advancements such as distributed ledger technology foster innovation within the financial services industry, they also introduce ...

The MFSA has today published its Anti-Money Laundering/Countering Financing of Terrorism (AML/CFT) supervisory strategy articulating its plans of how AML/CFT supervision will be fused within its conduct and prudential supervisory activity. The strategy is focused on enhancing the MFSA’s approach t ...

The Malta Financial Services Authority has today launched its mission and vision for the next three years. During a press conference held this afternoon, Chief Executive Officer Joseph Cuschieri unveiled MFSA’s Vision 2021, setting out the Authority’s mission and strategic vision underpinned by ...

Further to the previous communications issued by the MFSA and as part of the ongoing controlled release of funds, the MFSA have directed the competent person to contact Corporate customers of Satabank to initiate the return of funds. Customers are being contacted on a staggered basis, with all Satab ...

As part of a series of efforts aimed at enhancing the financial jurisdiction and strengthen the fight against money laundering and terrorist financing, Malta has implemented a number of regulations aimed at implementing the relevant provisions on beneficial ownership information. The regulations ...

Staff at the Malta Financial Services Authority have collected 2,500 euro during a Bake Sale held in the Staff Canteen. Nine teams took part in this event and all contributions received from the Bake sale will be donated to the Karl Vella Foundation. This Foundation was established to provide edu ...

Staff at the Malta Financial Services Authority have collected 2,500 euro during a Bake Sale held in the Staff Canteen. Nine teams took part in this event and all contributions received from the Bake sale will be donated to the Karl Vella Foundation. This Foundation was established to provide e ...

Citizens legally residing in Malta have the right to open a basic payment account, for personal use, in a number of Maltese banks. Banking services are today considered as essential and consumers depend upon access to modern payment services. The right to open a basic payment account seeks to elimin ...

Further to the MFSA’s Public Notice dated 22 November 2018, and the setting up of the Hardship Fund on 23 November 2018, Satabank has contacted all personal account holders resident in Malta with deposits between €50 to €15,000. Satabank will next week start to contact all personal account hol ...

Following the MFSA’s announcement regarding the release of personal deposits, a hardship fund for Corporate clients of Satabank has been established. The Fund will be managed by Malta Enterprise. The Hardship Fund will provide a bridge loan to assist affected companies. The fund will effect and ...