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