The Malta Financial Services Authority (“MFSA” or “the Authority”) decided that Mr Markus Zeilinger can no longer be deemed as being fit and proper to hold any approved positions.

REGULATORY ACTION

On 18 August 2025, the MFSA has decided that Mr Markus Zeilinger can no longer be deemed as being fit and proper to hold approved positions by the MFSA. Therefore, in terms of Article 15(2) of the Investment Services Act and Article 16(2)(b) of the Malta Financial Services Authority Act, the MFSA has directed Mr Zeilinger to divest himself from all involvements approved by the Authority, held directly and/or indirectly.

In the event that Mr Zeilinger applies for any new position including as shareholder in entities or in relation to activities licensed and/or otherwise supervised by the MFSA and which necessitate the approval and/or authorisation of the MFSA, the Authority will re-assess and consider such applications on a case-by-case basis.

It should be noted that the MFSA’s decision may be appealed before the Financial Services Tribunal within the period as prescribed by the applicable law.

PUBLICATION

This notice is being published in terms of Article 16(8) of the Malta Financial Services Authority Act and the MFSA’s Publication Policy.