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?