We are living in a world where change has become the norm.
Consumer needs change, financial products are developed and
financial markets continuously evolve and innovate. As financial
markets adjust, so too must regulatory systems which oversee them.
Regulation must interface with innovation in a mutual and dynamic
relationship in order to enhance the positive regulatory effects on
innovation.
This is reflective of the approach of the Malta Financial
Services Authority which has been progressively developing as a
single financial services regulator since before Malta joined the
European Union in 2004 and adopted the Euro as a currency in
2008.
Malta's regulatory framework is known internationally to be
both robust and adaptable, allowing promoters to innovate and
develop new products in a stable, proactive and transparent
environment. The regulatory regime is built on an internationally
recognised secure and stable regulatory framework for prudential
supervision,
