News Releases
FEBRUARY 21, 2020
Following a report in a section of the media referring to Binance as a “Malta-based cryptocurrency” company, the Malta Financial Services Authority (MFSA) reiterates that Binance is not authorised by the MFSA to operate in the crypto currency sphere and is therefore not subject to regulatory ove ...
FEBRUARY 18, 2020
The MFSA publishes outcomes of survey, gauging consumer understanding about motor insurance policies
The Malta Financial Services Authority (MFSA) has today published a consumer study, entitled “Motor Insurance: Consumer Research on Attitudes and Behaviour.” This study was one of the deliverables tied to the MFSA’s Conduct Supervision priorities set out in the Authority’s three-year Strat ...
FEBRUARY 14, 2020
Following the restructuring which took place early last year, the MFSA has been actively engaged in strengthening its organisational capacity by creating new operational and supervisory functions which include risk management, supervisory ICT and cybersecurity risk, financial crime compliance, data ...
FEBRUARY 05, 2020
The Malta Financial Services Authority has today launched a stakeholder consultation setting out several proposals for the promulgation of a comprehensive principles-based Corporate Governance Code which is applicable to all entities authorised by the MFSA and Listed Companies, which would then be s ...
JANUARY 27, 2020
Today the MFSA published a Feedback Statement following a Consultation Document on Pillar 1 of the FinTech Strategy – Regulations. The Feedback Statement provides the MFSA’s position in relation to the proposed initiatives within the Consultation Document, namely the implementation of the MFSA F ...
JANUARY 21, 2020
With the turn of the year, the MFSA has renewed its commitment to create opportunities through which it can strengthen its engagement with stakeholders in the financial services industry. Placing this at the top of its agenda, today, the Authority organised an industry workshop, intended to assist ...
JANUARY 06, 2020
The Malta Financial Services Authority today released its Risk Culture and Risk Appetite Statements as part of its drive to place risk management at the centre of its strategy. These Statements seek to ensure the better identification, evaluation, management, and communication of the Authority’s a ...
DECEMBER 10, 2019
The MFSA has completed a second mystery shopping exercise within a number of branches of the main domestic banks, noting considerable improvements over the previous exercise, while acknowledging the need for further enhancements in the service offered by banks to their customers.
This exercise wa ...
DECEMBER 04, 2019
The MFSA has today published its Supervisory Priorities for 2020, laying out detailed key areas where the Authority will be focusing its supervisory efforts for the year ahead, based on the objectives set out in the Strategic Plan 2019-2021. The key areas of activity will range from governance and c ...
NOVEMBER 06, 2019
The Malta Financial Services Authority has laid down its supervisory expectations for licensed entities, supported by a number of best practices which these entities are expected to adhere to.
Through the publication of a document entitled “Supervision: Risks Identified, Weaknesses and Expected ...
