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ARTICLE · 01 OCTOBER 2014

Strength Of Malta’s Financial Services Sector Confirmed By WEF

MFSA – Malta Financial Services Authority
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Malta’s ranking as one of the world’s top financial jurisdictions has been confirmed by the World Economic Forum in its annual Global Competitiveness Report for 2014-2015.

MaltaFinance and Banking
MFSA – Malta Financial Services Authority
MFSA – Malta Financial Services Authority
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Malta's ranking as one of the world's top financial jurisdictions has been confirmed by the World Economic Forum in its annual Global Competitiveness Report for 2014-2015. The increasing soundness of its banking institutions has been reflected in a significant improvement in relevant score which now puts the country amongst the best 10 rankings (14th in 2013-2014). Malta also maintained the 13th ranking position in terms the strength of auditing standards and reporting standards.

This year's Report provides an overview of the competitiveness performance of 144 economies, and thus continues to be a highly comprehensive assessment of economic performance. It contains a detailed profile for each of the economies included in the study, as well as an extensive section of data tables with global rankings covering over 100 indicators. For the sixth consecutive year Switzerland leads the table, ahead of Singapore as the second-most competitive economy in the world.

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