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ARTICLE · 01 MAY 2023

Transformative Financial Services Strategy Welcomed By Practitioners

The Institute of Financial Services Practitioners (IFSP) has welcomed the comprehensive 10-year strategy for financial services in Malta, drawn up by the Malta Financial Services Advisory Council (MFSAC)...

MaltaFinance and Banking

The Institute of Financial Services Practitioners (IFSP) has welcomed the comprehensive 10-year strategy for financial services in Malta, drawn up by the Malta Financial Services Advisory Council (MFSAC) and launched on 29 March by the chairman of the MFSAC, Mr Joseph Zammit Tabona.

The IFSP, as the body representing financial services practitioners and whose members contributed to the drafting of the document, considers this to be a decisive moment for the sector in Malta. Over 175 initiatives have been identified and their implementation will transform the way forward for the industry.

The President of the IFSP, Mr Tonio Zarb, noted that "This is indeed a watershed moment for the financial services sector. When Government approved the strategy document last February, it was transformed from a set of ambitious aspirations of the hundred or so financial services professionals who penned it, into Government's formal strategy for the sector. The MFSAC, supported by

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