Digital finance and sustainable finance are among the
top cross-sectoral priorities identified in the Supervisory
Priorities for 2023 issued recently by the Malta Financial Services
Authority.
The document aligns the regulatory activities with the
MFSA's Strategic Statement, and these have also been drawn up
in line with the priorities identified by the European Supervisory
Authorities' and of the European Central Bank, as well as the
direction provided by the European Commission.
The comprehensive document explains specific areas of
supervision for each sector of financial services, most of which
are continuations of the actions already being taken last year.
However, there are also new elements outlined, explaining which
opportunities the Authority will now be looking at, and well as new
regulatory initiatives and legal developments that the sectors will
need to embrace.