MFSA reveals ‘Vision 2021’

On the 31st of January 2019, the Malta Financial Services Authority (“MFSA”) revealed its strategy for the next three years in a public press conference. “Vision 2021” sets out the MFSA’s mission and strategic vision, underpinned by a set of goals and objectives. The Authority also published a consultation document on the MFSA’s FinTech strategy, which […]

Written By ACT Team

On February 6, 2019
"

Read more

On the 31st of January 2019, the Malta Financial Services Authority (“MFSA”) revealed its strategy for the next three years in a public press conference.

“Vision 2021” sets out the MFSA’s mission and strategic vision, underpinned by a set of goals and objectives. The Authority also published a consultation document on the MFSA’s FinTech strategy, which proposes the introduction of a ‘Regulatory Sandbox’ and ‘Innovation Hub’. The latter creates an ‘incubator’ wherein new technologies for financial services can be tried and tested in a specially designed environment. 

The Maltese business and regulatory landscape continues to evolve, embracing innovation while maintaining optimal standards. Such developments continue to attract more entrepreneurs in Blockchain, Fintech, and other related sectors to Malta’s shores.

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].