News Releases

The Malta Financial Services Authority (MFSA) recently published a "Dear CEO" letter outlining the results of a thematic review focused on governance and compliance within the Trustee and Company Service Provider (TCSP) sector. While the MFSA acknowledges the positive strides made by TCSPs in inv ...

The Malta Financial Services Authority has been engaging with Authorised Persons in scope of the Digital Operational Resilience Act (DORA) on an ongoing basis with a view to contribute towards their transition towards compliance to the Regulation by its date of applicability, that is, 17 January 202 ...

The Malta Financial Services Authority (MFSA) has released its Guidance for Money Laundering Reporting Officers (MLROs) in the financial services sector, outlining the Authority’s expectations for individuals proposed to fulfil MLRO positions and presently approved MLROs. This guidance document ...

As the momentum for sustainable finance builds, the risk of misleading practices may also increase. To empower consumers and combat deceptive practices, the Malta Financial Services Authority has launched a campaign aimed at educating the public on sustainable finance, while simultaneously shedding ...

The reform of the company service providers (CSPs) sector launched in 2019 by the MFSA has proved highly effective in raising the bar for CSPs. The reform was one of the main contributing factors to the lowering of the residual risk for the CSP sector, according to the recently published National Ri ...

The Malta Financial Services Authority (MFSA) has released its Supervisory Priorities for 2024. This document sets the MFSA’s focus for its supervisory engagement in 2024 and outlines how it is implementing an outcomes-based approach to supervision, which will be introduced through a pilot project ...

Following a recent collaborative mystery shopping exercise between the Malta Financial Services Authority (MFSA) and the European Banking Authority (EBA), several credit institutions have proactively taken steps to enhance consumer service levels based on the Authority’s recommendations. The evalu ...

The Malta Financial Services Authority held its first industry workshop for 2024, bringing together over 130 industry practitioners involved in Malta’s Asset Management sector. The primary aim of the workshop was to provide an update on the latest developments in relation to strategic regulatory a ...

Board of Directors within insurance companies need to enhance further their current composition and collective competencies in order to implement their system of governance more effectively. They also need to improve their understanding of the resilience of their business model to stress scenarios. ...

Malta’s 2023 National Risk Assessment (NRA) has recently been published, providing a comprehensive assessment of the country’s exposure to threats and vulnerabilities stemming from money laundering, terrorist financing, proliferation financing and targeted financial sanction risks. The NRA ho ...