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Credit & Financial Institutions

Insight Newsletter – Issue 4 | 2022

by FinanceMalta

15th December 2022

Insight Newsletter 4 | 2022

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Dear Readers,

After more than seven years with the organisation, FinanceMalta’s chief operations officer Ivan Grech is moving to new pastures. Over the years, he has seen the sector grow and evolve, and has been part of the team taking part in dozens of events and conferences in Malta and around the world, promoting Malta as a thriving financial services jurisdiction. We wish him all the very best in his new endeavour and are sure that his insight and experience will continue to be of benefit to the sector. We would like to take this opportunity to thank him for the sterling service he has given to this organisation and to our sector.

International Events
The conference season was in full swing over the past few months – keeping our team on its toes. FinanceMalta attended 11 international events, in London, Copenhagen, the UAE, Casablanca, Luxembourg, and Zurich, followed a conference online, and took part in two local events. These events covered various sectors represented by FinanceMalta, from Fintech and wealth management, to insurance and funds & asset management.

WAIFC Membership
FinanceMalta is excited to announce that is now a full member of the World Alliance of International Financial Centers (WAIFC), which will expose its members to various projects and initiatives at a global level, working with other financial services centres.

Photo: FinanceMalta Chairman George Vella and Dr. Jochen Biedermann, Managing Director of the World Alliance of International Financial Centers

Global Financial Centres Index
Malta’s rating in the Global Financial Centres Index improved by 67 points, moving the jurisdiction up 27 places. Malta’s rating also improved by 55 points and its ranking promoted by seven places in the FinTech Index. The Index was introduced in 2007 by think-tank Z/Yen and the City of London, with the China Development Institute joining as a strategic partner in 2016. Reports are issued every March and September. A total of 119 centres are featured in the GFCI.

FinanceMalta 15th Annual Conference
Over 300 delegates attended the FinanceMalta 15th Annual Conference entitled “Learning from the past: Looking to the Future”. The event was held on 1 December 2022 at the InterContinental Arena Conference Centre.Over 30 speakers, contributors, experts and panellists from Malta and abroad contributed to the conference, including the President of the European Parliament Roberta Metsola; Minister for Finance and Employment Clyde Caruana; the former President of the Financial Action Task Force Marcus Pleyer; the Executive Director of the European Banking Authority François-Louis Michaud; Futurist and Professor of Practice, Imperial College Business School, Prof. David Shrier; as well as the Director for Financial and Enterprise Affairs at the OECD, Prof. Carmine Di Noia.Read the full PR

Forthcoming Events
We are currently finalising the calendar of activities for 2023 which will cover the normal span of international reach and sectorial emphasis.

Any suggestions you may wish to make in this regard would be truly welcome. Please send an email with your suggestions to Mr. Andrea Nurchi, Senior Manager – Business Development at andrea.nurchi@financemalta.org, and stay tuned for more!

FinanceMalta Rebranding
We have launched a new brand identity and logo. The rebranding gives a fresh look to the 15-year-old organisation, reflecting the innovation that the industry experienced in recent years, mostly with the rise of fintech and its applications.

Photo: FinanceMalta’s new logo

We look forward to continuing to work with all of you in 2023 and wish you all the best for the festive season.

Best wishes,
George Vella
Chairman

Watch | FinanceMalta Rebranding

INSIGHT Interview: David Xuereb, ESG Alliance

The recently set up ESG Alliance will, in the coming weeks, boost its original membership of 13 by several others, according to David Xuereb, one of the key people supporting the organisation set up in July 2022.

Member Spotlight

We shine the spotlight on three new members. In this edition, RMC Wise, Andaria Financial Services, and Zerafa Trustees share their growth stories.

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

One-on-one: Akshu Campbell-Holt, Head of member relations, WAIFC

FinanceMalta has just become a member of international non-profit association World Alliance of International Financial Centers (WAIFC). We caught up with their newly appointed head of member relations Akshu Campbell-Holt, to find out more about the association.

One-on-one: Kenneth Farrugia, Chief Executive Officer, Bank of Valletta plc

Kenneth Farrugia was recently appointed as Chief Executive Officer at Bank of Valletta plc. FinanceMalta caught up with its former Chairman to discuss his vision.

WAIFC report looks at recovery and growth of SMEs

Small and medium size enterprises (SMEs) may have received unprecedented levels of support and relief measures by governments during the COVID-19 pandemic, however, as these are phased out, they face increasing risks of default and bankruptcy.

Malta among top FinTech performers – McKinsey

Malta’s FinTech sector has been ranked among the top performers by global management consulting firm McKinsey & Company.

Malta moves up Smart Centres Index

Malta has moved up three places to 12th in the ranking of the Smart Centres Index, getting the highest position of EU jurisdictions.

FinanceMalta | Q4 Initiatives

2023 Events

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

Highlights | Pre-Conference Networking

Highlights | FinanceMalta 15th Annual Conference

Highlights | Q4 International Events

Keep yourself updated with FinanceMalta through the following

channels

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.

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Credit & Financial Institutions

Insight Newsletter – Issue 4 | 2022

Dear Readers,

INSIGHT Interview: David Xuereb, ESG Alliance

Member Spotlight

One-on-one: Akshu Campbell-Holt, Head of member relations, WAIFC

One-on-one: Kenneth Farrugia, Chief Executive Officer, Bank of Valletta plc

WAIFC report looks at recovery and growth of SMEs

Malta among top FinTech performers – McKinsey

Malta moves up Smart Centres Index

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