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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...

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...

Financial services firms expect to recruit more staff

More than four in five (81 per cent) senior professionals in Malta’s financial services sector expect their companies to increase the number of employees over the next five years, research commissioned by Managing Partners Group, the international asset management group, shows. The research – 43 senior professionals...

Financial sector could grow to 15% of GDP – survey

Main driver will be company relocation to Malta   A survey of 43 professionals working in Malta’s financial services industry reveals the clear majority expect the sector to enjoy strong growth over the next five years.   The sector currently contributes just over 12% of Malta’s GDP, but 87%...

Malta will be financial centre of choice after Brexit, analyst predicts

Malta will be a financial centre of choice for British companies wanting a base in the EU after Brexit, a financial services analyst has predicted. Jeremy Leach, CEO of Managing Partners Group, an international asset manager, said Malta will benefit more than any other financial centre...

European Commission publishes the 2017 Country Report for Malta

The European Commission today published its annual analysis of the economic and social challenges – the so-called Country Report – for each Member State, including Malta. The report is a tool under the European Semester for economic policy coordination, to monitor policy reforms and to...

Creditreform assigns A+ rating to Malta

German credit rating agency Creditreform Rating AG assigned an A+ long-term sovereign rating to Malta and described its outlook as stable.   Creditreform Rating AG, which forms part of the worldwide operating Creditreform Group, was established in 2000 and is considered as one of the leading rating...

MFSA Regulatory Briefings

Save the Date – 2nd December 2016   As part of its commitment to engage with the financial services industry the MFSA will be initiating a series of Regulatory Briefings.   The first Regulatory Briefing will be held on Friday 2 December 2016. During this Regulatory Briefing the MFSA...

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