About us


The Malta Financial Services Authority (MFSA) is the single regulator of financial services in Malta. The MFSA regulates banking, financial institutions, insurance companies and insurance intermediaries, investment services companies and collective investment schemes, securities markets, recognized investment exchanges, trust management companies, company services providers and pension schemes. Since 2018, it is also responsible for regulating Virtual Financial Assets.

About us


The Malta Financial Services Authority (MFSA) is the single regulator of financial services in Malta. The MFSA regulates banking, financial institutions, insurance companies and insurance intermediaries, investment services companies and collective investment schemes, securities markets, recognized investment exchanges, trust management companies, company services providers and pension schemes. Since 2018, it is also responsible for regulating Virtual Financial Assets.

Mission and Vision


Our mission and vision is driven by our five core values which guide the MFSA in the conduct of its operations and which are essential for the fulfilment of our mission and the achievement of our vision. They constitute the foundation of our governance and are instilled in our work ethic.

Read more about our Vision 2021 here.

Strategic Plan


The Strategic Plan highlights the MFSA’s supervisory priorities and the key priority areas which will be addressed in order for the Authority to achieve its ambitious Vision by 2021.

Read more about our Strategic Plan here.

Supervisory Priorities


The MFSA’s Supervisory Priorities indicate the key areas of activity which the Authority will be focusing on during the year 2020. These priorities have been developed taking into account our past supervisory experience, the current market environment, legislative and regulatory developments, as well as recommendations from international standard-setters.

Read more about our Supervisory Priorities 2020 here.

Mission

To be an independent, proactive and trustworthy supervisory authority whose purpose is to safeguard the integrity of markets and maintain stability within the financial sector for the benefit and protection of consumers.

Vision

To be a leading forward looking financial services regulator, having the respect and trust of the industry and the general public, contributing towards a strong and dynamic financial sector.

Governance


Our Governance Framework document establishes the parameters within which the Malta Financial Services Authority operates. The objective of the corporate governance framework is to define the constitution of the MFSA in the way that it is governed, directed, and controlled by its internal governing bodies, being primarily the Board of Governors and the Executive Committee.

Read more about our Governance Framework here.

Risk Culture and Risk Appetite Statements


As part of our drive to place risk management at the centre of our strategy, we have issued our Risk Culture and Risk Appetite Statements as at January 2020. These Statements seek to ensure the better identification, evaluation, management, and communication of the Authority’s approach to risk.

The MFSA’s Risk Culture Statement provides guidance in relation to best practice and implementation of the MFSA’s Risk Culture change programme, whilst the MFSA’s Risk Appetite Statement sets boundaries of acceptable levels of risk in key areas of the Authority’s activities as a financial services supervisor.

Risk Culture Statement

Risk Appetite Statement

FAQs on the MFSA’s Culture Statement

FAQs on the MFSA’s Appetite Statement

Our values


Integrity

Integrity is an integral part of our mission, guiding our actions and decisions.

Trustworthiness

To act with fairness, objectivity and respect when dealing with consumers and licence holders.

Dependability

To act in a reliable, transparent and accountable manner at all times.

Excellence

To have the right competencies to combine quality with efficiency to demonstrate professionalism and to contribute to the setting of high standards.

Independence

To perform the Authority’s duties without external influence