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Author: Lizianne Pace Frendo

Gaming authority boss Joseph Cuschieri to become MFSA’s CEO

Joseph Cuschieri, an accountant who has been heading the Malta Gaming Authority since Labour was returned to power in 2013, has been selected by the Office of the Prime Minster to serve as the new CEO of the Malta Financial Services Authority, The Sunday Times...

EU revises its growth forecast for Malta

Minister for Finance Edward Scicluna welcomes the European Commission’s 2018 Winter Forecast wherein Malta’s growth rates have been revised upwards for the years 2018 and 2019.   Minister Scicluna stated that, “this upward revision on behalf of the EU is a confirmation that Malta’s high rates of...

Sustainable economic growth on government agenda

Malta’s strong economic performance has been lauded over and again by various international credit rating agencies, the IMF, and the European Commission and is expected to continue growing at significant rates during the coming years. The Government’s strategy in bringing about this growth and plans...

Safer Banking

It was exactly three years ago that the European Central Bank assumed joint supervisory responsibility with local regulators of large and systemically important banks in the Eurozone. Malta’s larger banks are now regulated and supervised directly by the ECB and the Malta Financial Services Authority.   There...

Lino Buttigieg Prize for 2017 awarded

Ms Mariestell Dalli has won the Lino Buttigieg Prize for 2017. Ms Dalli obtained the highest score in the IFSP Foundation Certificate in Trusts Law and Management examination held on 1 July 2017. She obtained an impressive 87.5% for her answers to the varied questions,...

Tax, regulatory benefits for asset manager, Malta funds

People wishing to establish an individual portfolio management and/or a collective portfolio management require a Category 2 licence in terms of the Investment Services Act, but there are a number of regulatory and tax benefits tied to the establishing of an asset manager or setting...

Malta’s first financial institution association launched

The local financial services industry has gained significant ground in the past years and currently boasts over 40 licence holders regulated under the Financial Institutions Act. Licence holders undertake a number of activities, including lending, factoring, payment services, money broking and the issuance of e-money.   Over...

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