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I am sure that during the past quarter you have experienced, or at least, heard of Malta's varied activity...

FinXP, an MFSA-licensed Electronic Money Institution, has unveiled a new market positioning that emphasizes its expanded role as a payments infrastructure provider for fintechs and online platforms. The company now offers Banking-as-a-Service, card issuing, and BIN sponsorship alongside its traditional payment processing services, backed by independent ownership, direct SEPA access through CENTROlink, and a flexible approach to client onboarding that goes beyond standard automated criteria.

Malta's long-term foreign and local currency Issuer Default Ratings (IDRs) were affirmed 'A' by credit ratings agency Fitch as Malta's outlooks were deemed to be stable.

Despite a very challenging global economic environment in 2015, financial services in Malta have continued to expand.

In the face of the highest rate of HF closures recorded since 2010, exceeding for the first time that of new launches in 2014, AUMs in Europe grew substantially thanks to the popularity of UCITs hedge funds.

Payment Institutions and Electronic Money Institutions handle customer funds differently under EU law. While Payment Institutions use payment accounts for short-term transaction processing, Electronic Money Institutions store monetary value indefinitely in digital wallets. Understanding the legal distinction between these account types is crucial for fintech companies navigating PSD2 and EMD2 compliance requirements.

Before the coming into force of the substantive provisions of the so-called Short Selling Regulation on the 1st of November 2012, Malta did not have any rules restricting short selling or requiring disclosure of short positions.

As we reflect on what FinanceMalta has achieved in 2024 - clearly evidenced by the growth in our Annual Report - it is encouraging to see how far we have come.

Have you missed attending conferences and networking in person?

On the 9 September 2016 the MFSA issued feedback to its consultation of the 1 April 2016 in relation to intra-group loans.

On 27 May 2019, the European Securities and Markets Authority published an updated version of its question and answer document on Regulation 2017/2402.

In the second episode of the ‘Ganado Meets Finance' podcast, Nicholas Curmi, partner and head of the capital markets practice at Ganado Advocates, meets the Malta Stock Exchange's Executive Chairman Joseph Portelli for...

The Maltese economy grew by 4.7 per cent during the first half of this year, sustaining the growth momentum recorded in the last five years; nominal GDP grew by 7.3 per cent.

In May 2021, the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Funding of Terrorism (MONEYVAL) published its enhanced follow-up report on Malta.

Trading in binary options is considered to be a high risk practice and therefore the MFSA has issued a circular setting out additional conditions in this regard...

The LEI is a unique identifier consisting of a 20-character alpha-numeric code, which allows for the identification of legally independent entities across global financial markets.

On 4th September 2023, the Malta Financial Services Authority (the "MFSA") issued a Circular outlining various amendments made to the Investment Services Rulebooks, ensuring inter alia that they are aligned...