News Releases


SEPTEMBER 01, 2022
The Board of Governors of the Malta Financial Services Authority has appointed Chief Officer Enforcement Dr Michelle Mizzi Buontempo as the Acting CEO of the Authority with effect from 9 September 2022. She will be taking over from Mr Joseph Gavin who is stepping down, as announced on 5 August 2022. ...
AUGUST 26, 2022
The MFSA announces with regret the sudden passing away of Dr Carmel Cascun, a Board Governor of the MFSA since February 2021. The Board of Governors, management and staff express their condolences to his family. ...
AUGUST 05, 2022
Following his recent absence for medical reasons, Chief Executive Officer Joseph Gavin has decided to retire early and will be stepping down as CEO of the MFSA later this year. ...
AUGUST 05, 2022
The MFSA has today launched its Corporate Governance Code for MFSA authorised entities. The Code provides a list of guiding principles, complemented with supporting provisions and its application is based on the principle of proportionality. These principles are designed to enhance the legal, ins ...
AUGUST 05, 2022
The Authority is looking into alleged money exchange activities being undertaken by entities, especially in tourist locations, which might require prior authorisation by the MFSA. These activities vary from retail outlets that accept payments in foreign currencies to physical exchange of foreign ...
JULY 27, 2022
With reference to the news release issued on 15 June 2022, the MFSA would like to advise that its CEO, Mr Joseph Gavin, will resume his role with effect from 28 July 2022. The Authority would like to thank Chief Officer Enforcement, Dr Michelle Mizzi Buontempo, for taking up the role of Act ...
JUNE 22, 2022
Over the past few years, the MFSA has pursued a strategic vision that builds upon and supports the sustainable growth and resilience of the financial services sector in Malta. In its Annual Report and Financial Statements for 2021, issued today, the Authority said that the sector continued to per ...
JUNE 15, 2022
Independent board members play a key role in challenging strategic decisions and in providing the checks and balances which are crucial for sound decision-making, an official from the European Central Bank said today. Vesselka Paneva works within the ECB’s Banking Supervision unit and is respon ...
JUNE 15, 2022
The MFSA would like to advise that its CEO, Mr Joseph Gavin, is currently indisposed. The Board of Governors has appointed Chief Officer Enforcement, Dr Michelle Mizzi Buontempo, as Acting CEO in Mr Gavin’s absence, effective 15 June 2022. ...
MAY 24, 2022
The Malta Financial Services Authority has issued a comprehensive document aimed at guiding insurers on how to handle the mandatory assessment of a client’s demands and needs prior to the offering of any insurance contract. The assessment was made mandatory by the Insurance Distribution Directi ...