Insight Newsletter 4 | 2023

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Dear Readers, 

At the start of the year, FinanceMalta was already anticipating a packed schedule, and 2023 really lived up to expectations.Apart from the ever-intensifying timetable of events, FinanceMalta was also very involved in the launch of the Malta Financial Services Advisory Council’s (MFSAC) drawing up of the national strategy for financial services. The launch of the strategy in March was just the beginning of an intense period, and I am honoured to be appointed to the project management team of the MFSAC which will serve to align FinanceMalta’s promotional strategy to the its initiatives. Over 175 action points identified by the strategy are being assessed, planned and implemented, with some due to be in place by the end of this year.

The year also saw the appointment of a new Chief Operations Officer, Graziella Grech. The Henley MBA graduate has 26 years of experience in branch banking at HSBC Malta. Her leadership skills and dedication to excellence make her the perfect fit to guide the organisation to new heights.

FinanceMalta has also been busy with its FinTalks series of podcasts, which have transmitted a wide variety of messages across our platforms, showcasing important insights from companies operating on the island.

The number of events attended by FinanceMalta in the last quarter of the year was daunting, and three stood out for their impact. One of these was the Start-Up Festival held in Malta in early October and organized by Malta Enterprise, which is an important showcase for budding entrepreneurs, as well as for investors seeking inspiring innovation. In November, FinanceMalta also attended the European Captive Forum 2023, held in Luxembourg, an important event for the many captive insurance companies in Malta, and a chance for the island to explain its competitive advantage to many others. Later that month, FinanceMalta also attended the Web Summit in Lisbon, within the framework of the “inMalta” initiative in cooperation with other government entities and some FinanceMalta members.

The team is already working on next year’s busy programme and is constantly assessing other ways to disseminate its message about all that Malta offers as an international financial jurisdiction. One particular event to look out for is the Members’ Meeting on the 18th of January 2024. We look forward to meeting all our members in person to relay our promotional plan for next year and advise you on how you can benefit most from your membership.

We look forward to continue working with you in 2024 and, on behalf of the Team and Board of FinanceMalta, I wish you and your families a blessed Christmas and a prosperous New Year.

Dr. Bernice Buttigieg
Chief Strategy Officer


Meet The New Chief Operations Officer of FinanceMalta

Graziella Grech took over as the Chief Operations Officer just a few weeks ago and already describes herself as being ‘energised’ by her new role.

Read more


The INSIGHT Interview: Kenneth Farrugia, CEO, Malta Financial Services Authority

Kenneth Farrugia was appointed CEO of the Malta Financial Services Authority (MFSA) just eight months ago and had to hit the ground running. Malta had been taken off the FATF greylist the previous summer, the Malta Financial Services Advisory Council (MFSAC) had just launched its national strategy and the MFSA had updated its Strategic Statement in February 2023. It was clearly a time for decisive action.

Read more


The INSIGHT Interview: Joseph Caruana, Commissioner for Tax and Customs

Commissioner for Tax and Customs Joseph Caruana is under no illusions about the importance of transforming the Malta Tax and Customs Administration: the changes would tackle an impressive 80% of the objectives outlined for financial services in the strategy launched in March 2023 by the Malta Financial Services Advisory Council (MFSAC).

Read more


Members Spotlight: MeDirect

MeDirect is not resting on its laurels as a systemically important bank. Arnaud Denis, Group Chief Executive Officer at MeDirect, explains the wide range of services it offers, and its plans for the future.

Read more


Members Spotlight: Avenue 77

Chris Casapinta, the managing director of Avenue 77 Business Centre, explains how having a purpose-built space has enabled a range of additional offerings.

Read more


Members Spotlight: Zampa Debattista

Over the past decade, Zampa Debattista has gone from offering indirect taxation and financial reporting to a whole suite of business advisory services. VAT Leader Brandon Gatt traces this remarkable journey.

Read more


Members Spotlight: Eunoia

Eunoia constantly uses cutting-edge technology to push the boundaries of data and analytics. Its CEO, Stefan Farrugia, explains the journey which has put the company at the forefront of the sector. 

Read more


Members Spotlight: Cascade Lab S.A.

Cascade Lab S.A. was created to offer solutions to companies that were struggling to cope with the onerous regulatory requirements relating to Know Your Customer and anti-money laundering. Founder and managing partner Declan O’Hannrachain explains how the company’s services have evolved since then.

Read more


Members Spotlight: MZ Investment Services

MZ Corporate Broking was set up by MZ Investment Services Ltd in 2019 and is already the largest player on the market. Financial analyst for capital markets and investments, Josef Cutajar, explains what this entity does.

Read more


MFSA launches framework for Notified Professional Investor Funds

The Malta Financial Services Authority has launched a framework for Notified Professional Investor Funds (NPIFs), a new fund structure that benefits from a streamlined onboarding process.

Read more


Malta: A global financial services platform – Reception at the Great Hall at the Guildhall in the City of London

Over 600 international delegates attended a high-profile networking event organised at the 15th century Guildhall in London in early December, which was the brainchild of the Malta Financial Services Advisory Council (MFSAC).

Read more


FinanceMalta attends WAIFC annual general meeting

FinanceMalta participated online in the Annual General Meeting of the World Alliance of International Financial Centres, which was held in October in New York.

Read more

Become a member

Highlights | Q4 International Events 

Upcoming Events hosted by FinanceMalta

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

Upcoming International Events for 2024

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

#FinTalks podcast

Stay tuned to our website for new episodes of the #FinTalks podcast series



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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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