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The Association of Insurance Brokers in Malta, in conjunction with FinanceMalta, will be organising an event in London entitled ‘Malta – The Insurance Market Landscape' on the 3rd of October...

EIOPA has published a report on data quality in Solvency II reporting. The report acknowledges the importance of data quality and the work done to improve it, including, inter alia, the contributions by legal entity identifiers (LEIs).

EIOPA published a supervisory statement which aims to promote supervisory convergence on the treatment of exclusions relating to risks arising from systemic events in insurance contracts.

The EIOPA Recommendations urge competent authorities to ease reporting and disclosure requirements falling under the Solvency II Directive applicable to the insurance sector.

These updates are intended to keep Maltese regulated entities informed of regulatory changes and developments taking place in the local financial services space.

We would like to notify everyone that in line with the Healthcare (Fees) Regulations – Subsidiary Legislation 35.28 of the Laws of Malta, new healthcare requirements...

The amendments being introduced by the MFSA require the external audit of certain sections and specific templates forming part of the Solvency and Financial Condition Report ("SFCR").

Dr Matthew Bianchi, the Partner heading GANADO Advocates' Insurance practice, moderated a panel discussion at the European Risk Seminar that was organised by the FERMA.

Download the latest FinanceMalta 2024 Finacial Sectorial Brochures for FREE!! Follow the next three steps to download the 2024 financial sectorial brochures:

On 14 March 2018, the European Parliament and the Council of the European Union adopted Directive 2018/411 postponing the application of the Insurance Distribution Directive ('IDD') to 1 October 2018.

The Authority has issued an explanatory Guide to Reinsurance Special Purpose Vehicles established in Malta.

On the 20th of February 2024, the following annual Certificates ( as applicable ) will expire for most of the merchant vessels...

The MFSA has issued new guidelines on Product Oversight and Governance arrangements by insurance undertakings and insurance distributors as required by the Insurance Distribution Directive ("IDD") to be implemented by manufacturers of insurance products.

Earlier last month, in early November 2024, the Council of the European Union adopted legislation aimed at introducing new rules on insurance recovery and resolution.

What are the implications of COVID-19 for the insurance industry? And what longer-term trends might the outbreak serve to usher in for the future.

FinanceMalta speaks with Alex Konewko of Finductive to explore the emerging world of embedded finance and its implications for the financial services industry. Is embedded finance disrupting traditional banking models, or does it represent a natural evolution that benefits all stakeholders? This conversation examines how this transformation is reshaping the relationship between customers, businesses, and financial institutions.

The financial services sector in Malta continued to register growth in 2017 with the issuance of various licences and authorisations predominantly in the areas of insurance business, investment services, investment funds and trust.