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ARTICLE · 15 SEPTEMBER 2014

Innovation Through Regulation

MFSA – Malta Financial Services Authority
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The Upper Reach team interviewed Prof. Joseph Bannister, Chairman of the Malta Financial Services Authority, and asked him about Malta’s economic performance.

MaltaFinance and Banking
MFSA – Malta Financial Services Authority
MFSA – Malta Financial Services Authority
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The Upper Reach team interviewed Prof. Joseph Bannister, Chairman of the Malta Financial Services Authority, and asked him about Malta's economic performance, his role as regulator of the financial sector, and opportunities for Maltese-UK partnerships. Prof. Bannister spoke about the financial sector as being an important part of the economy and how the Authority has put in practice its motto, "innovation through regulation."

This is a year of celebrations for Malta, and one comes to celebrate not only what the country has achieved in the last 50, 40, 35 & 10 years, but more importantly, the firm direction where the country is going. At a time of global economic recession, Malta has been one of the fastest growing economies in Europe with this new administration even doubling its GDP growth for last year alone. How has this growth though impacted the finance sector and indeed its financial stability?

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