Public Statement
OCTOBER 30, 2020

In keeping with the principles of good governance, the Malta Financial Services Authority (MFSA) is hereby giving notice that the Chief Executive Officer, Joseph Cuschieri, has, earlier on today, advised that he is voluntarily suspending himself from his duties to allow the Board of Governors to carry out any verifications necessary in relation to events reported in the media in recent days.

The MFSA’s General Counsel, Edwina Licari, who, at the time of the events, was not yet in the Authority’s employ, has similarly suspended herself for the Board to conduct its due process.

The MFSA’s management and staff shall, of course, remain focused on the implementation of the Authority’s vision and strategy.