Tag: Malta Financial Services Authority

MFSA improves communication with shuttered bank’s concerned depositors

A complaint with the Ombudsman led the Malta Financial Services Authority to change a policy which meant that account holders of banks whose banking licence was withdrawn were being kept in the dark about what was happening.

Satabank’s banking licence withdrawn

The European Central Bank has withdrawn the licence of Satabank plc as from Tuesday, on the advice of the Malta Financial Services Authority.

MFSA issues new shareholding policy for credit institutions and insurance companies

In a statement, the MFSA said that the policy set out its assessment of shareholding structures of credit institutions and insurance companies, as well the risk appetite in relation to the assessment of their shareholding structures.

Binance not under Maltese jurisdiction, MFSA confirms

The Malta Financial Services Authority denied that cryptocurrency exchange company Binance falls under Maltese jurisdiction, two years after then-Prime Minister Joseph Muscat had heralded its move to Malta.

Chair of Supervisory Board of SSM visits MFSA

The Chair of the Supervisory Board of the Single Supervisory Mechanism (SSM) at the European Central Bank, Andrea Enria visited the Malta...

MFSA is aiming to become self-funded by 2024

The Malta Financial Services Authority is aiming to reform its financing model in order to become self-funded by 2024.The financial regulator published its strategic...

Repubblika asks NAO to investigate reemployment of MFSA official

Non-governmental organisation Repubblika has formally asked the National Audit Office (NAO) to investigate the re-employment of a Malta Financial Services Authority (MFSA) top official...

MFSA engages American experts to boost its Financial Crime team

A Financial Crime team which is supported by American experts has been set up by the Malta Financial Services Authority.In a statement, the MFSA...

‘Unprecedented that the CoE looks into an EU member state’ –...

Council of Europe special rapporteur and Dutch MP Pieter Omtzigt stressed that this was the first time that the Council of Europe looks into...

MFSA issues first circular on possible financial issues following No-Deal Brexit

The Maltese Financial Services Authority has issued the first of a series of circulars to UK financial services, outlining what happens in the event...