Latest News


MAY 11, 2021
Non-Executive Directors play an important role in ensuring there is appropriate governance for banks in Malta. With governance being a critical part of the regulatory assessment of a bank by the MFSA, the Authority, organised a webinar for Non-Executive Directors and professional advisors on the reg ...
MAY 10, 2021
The Malta Financial Services Authority (MFSA) and the Malta Police Force have signed a Memorandum of Understanding (MoU) that provides a formal basis for cooperation between the two entities. The MoU aims to strengthen the relationship between the two entities and enhance their collaborative efforts ...
APRIL 26, 2021
By means of a decree of the Court of 13 April 2021 relating to Zenith Finance Limited (‘Zenith Finance’), Mr Hector J. Spiteri was appointed as administrator of Zenith Finance to take control of the business of Zenith Finance as well as to preserve all the assets of Zenith Finance. As a conse ...
APRIL 15, 2021
The MFSA today met virtually with over 500 company service providers (CSPs) as part of its efforts to support the industry by providing a comprehensive overview of the CSP reform and its implementation, as well as facilitating the new authorisation process. Emily Benson, Head, stated that the aim ...
APRIL 14, 2021
As the MFSA has entered the last year of implementation of its Strategic Plan for 2019 – 2021, it has today published a Strategic Update, with a focus on the long-term sustainability of the financial services sector. The document takes stock of the overall progress made in the first two years o ...
APRIL 12, 2021
Today the MFSA published a Feedback Statement following a Consultation Document on the Updated CSP Rules. The revised CSP Rulebook is fully aligned with the amendments made to the Company Service Providers Act (Cap 529 of the Laws of Malta) which was passed by Parliament as Act No. L of 2020 and pub ...
APRIL 07, 2021
The Malta Financial Services Authority has today issued the fourth volume of the publication ‘The Nature and Art of Financial Supervision’. The document provides an overview of the Authority’s approach to the supervision of Fund Managers, Collective Investment Schemes, Recognised Persons an ...
MARCH 26, 2021
The Malta Financial Services Authority (“MFSA” or “the Authority”) has been monitoring and assessing the court developments relating to Zenith Finance Limited (C 42720) (“Zenith Finance”) and its former Directors, Mr Matthew Pace and Ms Lorraine Falzon. Mr Pace and Ms Falzon are also the ...
MARCH 16, 2021
Previously exempted individuals and entities have to register for MFSA authorisation by 16 May 2021 From today, the Malta Financial Services Authority (MFSA) is receiving applications for authorisation in terms of the Company Services Providers (CSP) Act. This applies to individuals and entities ...
MARCH 10, 2021
The Malta Financial Services Authority (‘MFSA’), together with the Malta Digital Innovation Authority (‘MDIA’), has today issued a consultation document to obtain industry feedback in relation to the proposed adoption of Innovative Technology Arrangement (ITA) certification with the MDIA in ...