Insight Newsletter 1 | 2023

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Dear Readers, 

Welcome to the first newsletter of 2023, which will bring you up to date with all that FinanceMalta is doing, and some of the main news highlights that would interest you. Apart from the normal busy schedule of events, the team here is busy updating sectorial guides and has launched a new series of podcasts on topics of interest. You can find more about these on our website and on our social media. Please do not hesitate to contact us should you wish to enquire about future collaboration.

One major development to look out for is the launch of the national strategy for financial services, which will be taking place in a few weeks’ time. This comprehensive, multi-sectorial strategy is the result of years of painstaking work by the Malta Financial Services Advisory Council, headed by Joseph Zammit Tabona, and which involved a thorough analysis of financial services conducted by task forces composed of representatives from all the stakeholders involved, from Government and private operators, to regulators and enforcement authorities. FinanceMalta is proud to play a role in this strategy and will be issuing more information in due course.

New MFSA chairman
The Government has appointed Jesmond Gatt as the Malta Financial Services Authority (MFSA) chairman for the coming year. Mr Gatt spent 35 years with the Central Bank of Malta, ending his tenure there as Chief Officer responsible for retail banking services, management of currency and the regulation of payment systems and infrastructures. He formed part of the board of the Financial Intelligence Analysis Unit, serving as its chairman for three years. He takes over from Prof. John Mamo, who had held the post since 2018.

In the meantime, the MFSA recently issued a new Strategy Statement, identifying 27 strategic priorities for the coming three years, aiming to ensure that Malta is a “resilient and efficient” financial services jurisdiction. It also updated its Supervisory Priorities. More on these can be found in the news section of the newsletter.

The FinanceMalta team has started the year with the usual packed timetable of events, showcasing Malta at a number of local and international events.

These included The Tokyo-London Financial Seminar 2023, which was organised in a hybrid format by the Tokyo Metropolitan Government and the City of London Corporation, and the HFM European Emerging Manager Summit, held in the UK. FinanceMalta was also a gold sponsor for the Captive Insurance Companies Association (CICA) conference held earlier this month in California; apart from attending the conference, FinanceMalta also had a stand there.

Locally, the Malta Stock Exchange organised a well-attended summit in Malta on Governance, Risk and Compliance.

WAIFC Young Academic Award
Attention young academics! Applications are open for the World Alliance of International Financial Centers (WAIFC) Young Academic Award 2023.This is your chance to submit a paper or essay on the future of a sustainable and inclusive financial sector. Besides receiving prize money, the top three finalists will have the privilege of presenting their research at WAIFC’s Annual General Meeting in New York City in October 2023.

Application deadline: 15 May 2023
Final paper deadline: 15 June 2023

Best wishes,

George Vella


The INSIGHT Interview: David Power, CEO, BNF Bank

Taking over from Michael Collis, who had led the company since 2017, the message from Mr Power is one of continuity, with the same emphasis on the people who sit at the core of the Bank.

Read more

Member Spotlight

We shine the spotlight on three FinanceMalta members. In this edition, Apex Group LTD, CC Fund Services, and EZOPS share their growth stories.

Find out what these companies are currently working on and what plans they have for the future.


One-on-one: Dr. Marcus Pleyer, Former President, Financial Action Task Force (FATF). 

FATF reforms will improve fight against money laundering and terrorism financing – Pleyer

Read more


One-on-one: David Shrier, Futurist | Professor of Practice, Imperial College Business School

Malta should consider becoming the centre of excellence for ESG in the EU, according to futurist and innovation catalyst David Shrier.

Read more

Listen to the #FinTalks Episode 32 with David Shrier. 

Spotify Spotify

Website Website


One-on-one: Gonzalo Gasós, Senior Director of Prudential Policy and Supervision, European Banking Federation

The question of a level playing field in regulation is very important, and is now one of the major constraints to business in the financial services sector, according to Gonzalo Gasós.

Read more

Listen to the #FinTalks Episode 33 with Gonzalo Gasós

Spotify Spotify

Website Website


One-on-one: Isabelle Delas, CEO, LuxFlag

Isabelle Delas, the CEO of Luxembourg non-profit LuxFLAG, has seen awareness about sustainability grow considerably over the past years – with demand from customers and investors pushing more and more financial companies to reconsider their own products.

Read more

Listen to the #FinTalks Episode 34 with Isabelle Delas

Spotify Spotify

Website Website


MFSA issued Supervisory Priorities for 2023

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.

Read more

Highlights | Q1 International Events

2023 – Upcoming International Events

Stay tuned to our website and social media channels for upcoming events 

Panel Session | Women in finance


To celebrate Women’s Day, FinanceMalta hosted a panel session to discuss “Women in finance”. 
Vanessa MacDonald, Freelance PR and media consultant
Dr. Geraldine Spiteri Lucas, CEO, Malta Business Registry
Ms. Paulianne Nwoko, Managing Director, Apex Group Ltd
Dr. Ruth Agius Scicluna Buttigieg, Partner, Head of Tax & Advisory, FJVA.

Keep yourself updated with FinanceMalta through the following










FinanceMalta is the public-private initiative set up to promote Malta as an International Financial Centre. This newsletter is prepared for information purposes only and should not be construed as legal advice. It may be reproduced provided that due acknowledgement is given.

Copyright © 2023 FinanceMalta. All rights reserved.

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