About Strategy Policy & Innovation
The Strategy, Policy and Innovation function is responsible for providing advice, analyses and reviews on current and prospective strategies and policies related to key priority areas in respect to the various financial services sectors. The function also proposes new areas which could potentially be delved into by the MFSA and provides insight on how related frameworks may be developed.
By virtue of a decision taken in July 2021, the SPI function has also been tasked with the setting up of a Sustainable Finance platform within the function with the aim of proposing and implementing a strategy for the integration of sustainable finance regulation across the Authority’s structures.
In formulating and proposing policies, the function seeks to ensure that the Authority is proactive in the face of new opportunities, perceived risks and changing international standards which may impact the financial services sector, whilst fostering innovation and enhancing access to financial products. The function hence contributes towards strengthening Malta’s framework for the regulation of the sector, whilst promoting and coordinating strategic thinking across all functions within the MFSA.
As part of its remit, the function is also responsible for participating in selected local, EU and international fora, including committees of the European Supervisory Authorities, which may impinge on the Authority’s strategies and policies.