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ARTICLE · 02 OCTOBER 2014

Solid Banking Sector Helps Malta's Global Competitiveness Rating To Increase Again

TMF Group BV
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The World Economic Forum’s annual competitiveness report has confirmed Malta’s place as one of the world’s top financial jurisdictions.

MaltaFinance and Banking
Bethell Codrington
Bethell Codrington
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The World Economic Forum's annual competitiveness report has confirmed Malta's place as one of the world's top financial jurisdictions; this bodes well for your clients' international pensions, says our expert

The Malta Financial Services Authority has been shouting from the rooftops about the latest Global Competitiveness Report from the World Economic Forum – and well it should. It says the "increasing soundness" of Malta's banking institutions can be seen in a significant improvement in the relevant score, now putting the country amongst the best 10 rankings, up four from last year's report. Malta also maintained its 13th position in terms of the strength of auditing and reporting standards.

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