In the interests of developing a medium to long term strategy for financial services in Malta, the MFSA the IFSP, along with other actors in the Financial Services arena, has been asked to provide feedback to a set of specific questions. This is an important exercise, and one...
Are you planning a conference, a seminar or an information webinar you would like posted on https://ifsp.org.mt/events/? Apart from IFSP Events, on our website calendar we are starting to list conferences, seminars and information webinars that have been developed and will be presented by our members. Please...
The Company Service Providers (CSP) Act regulates persons who provide CSP services to third parties by way of business. Late last year, Act L of 2020 passed through Parliament amending the CSP Act and a legal notice will be published giving notice of the coming into force of...
Malta’s financial services regulators have been cracking the whip with exorbitant fines but operators are complaining and government now intends to step in. Finance Minister Clyde Caruana confirmed that he will shortly appoint a group of experts to evaluate the operations of the Financial Intelligence Analysis...
The government has “ticked all the boxes” when it comes to issues flagged by Moneyval”, Prime Minister Robert Abela said on Tuesday. He was speaking ahead of a meeting with the Malta Council for Economic and Social Development (MCESD). He was invited to discuss issues related...
In view of the current COVID-19 situation and in the interest of public health, allow us to remind you that we are working remotely until further notice. Should you wish to contact us, please feel free to do so by sending us an email on info@ifsp.org.mt...
The Council and the Executive Team of the IFSP are grateful to all members, stakeholders and regulators for their fruitful cooperation throughout 2020 and we are looking forward to a better 2021, which will probably be full of opportunities and challenges that we will welcome...
IFSP announces new course for CSPs and will cover the new regulatory framework The MFSA has just published its updated CSP Rulebook implementing the brand new CSP Framework set up through the new Company Service Providers (Amendment) Act 2020, also fresh off the press. This is...
Edward Scicluna will resign as Finance Minister in the coming days, and as an MP by the end of the year, to take up a new position as Governor of the Central Bank. Meanwhile, the current Central Bank Governor Mario Vella will be appointed Special Commissioner...
FIAU Director Kenneth Farrugia sheds light on changes made at the Authority in line with international recommendations. Since 2017, the Financial Intelligence Analysis Unit (FIAU) has been in an intense process of transformation – the same year that Director Kenneth Farrugia took the helm to steer...