The MFSA has announced its intention to consolidate and reduce the number of fund frameworks which are currently available to fund promoters in terms of the Investment Services Act and the applicable Investment Services Rules.

Fitch Ratings has affirmed Malta's Long-Term Foreign and Local Currency Issuer Default Ratings at 'A' and revised the Outlook to Positive from Stable.

The MFSA has published its feedback as well as a number of amendments to the proposed regulations based on the comments received by various stakeholders...

The European Central Bank has published the results of the comprehensive assessment exercise undertaken on 130 banks located in 19 Member States.

DBRS, a Canada-based credit ratings agency has assigned an A rating to Malta, reflecting "strong" growth performance.

The current account remains in surplus and the external position is broadly in line with fundamentals.

During 2014 the finance industry in Malta continued to grow and experience high levels of activity and business flow.

Malta featured in the March edition of Mondo Alternative, a leading Italian financial services journal.

The Governor of the Central Bank of Malta announced during the Institute of Directors Conference held at the Malta Financial Services Authority that the CBM, has agreed with the MFSA to establish a Joint Financial Stability Board within a few days .

The NSO data indicates that the position of foreign direct investment in Malta was estimated at €152.3 billion, an increase of €9.2 billion over the corresponding month in 2014.

One of the more evident consequences of the financial crises has been a disruption in capital supply lines and capital flows, resulting in market inefficiencies.

The Central Bank of Malta and the Malta Financial Services Authority have signed a Memorandum of Understanding for the setting up of a Joint Financial Stability Board.

The MFSA refers to the Industry Update dated 27th April 2015 wherein it had disseminated ESMA's Consultation Paper on draft guidelines on complex debt instruments and structured deposits.

Credit rating agency Fitch has issued a strong endorsement of the Maltese banking industry and the financial services sector as a whole in its assessment of different aspects of the Maltese economy.

The Consumer Complaints Unit Annual Report for 2014 was published this month, featuring extensive details on the operations, major initiatives and key challenges faced by the Unit throughout the year.

The amendments to the Trusts and Trustees Act, which were brought into force by Act XI of 2014 on 25th April 2014, introduced the concept of family trusts in Article 43B of the said Act.

It is also being proposed to issue a number of new regulations transposing specific provisions of the Solvency II Directive.

The NAIF, Ventura SICAV plc was notified to the MFSA, and is managed by Abalone Asset Managers in terms of the Investment Services Act (List of Notified AIFs) Regulations.

The consultation runs until 19th June 2015. Contributions can be submitted online by clicking on the 'send your comments' button on the consultation page within the EBA's website...

The Registry of Companies Online System is currently being upgraded.