A conference on Malta’s financial industry happening next week will feature the head of Iceland’s delegation to the Financial Action Task Force, who will be sharing his experience in leading his country off the grey list with attendees.
Teitur Már Sveinsson will be one of the keynote speakers during the 14th FinanceMalta annual conference, entitled “Malta’s Financial Services Industry: Emerging Stronger”, which will be held on 20th and 21st July.
FinanceMalta is the non-profit public-private initiative that was set up to promote Malta as an international business and financial centre.
Mr Sveinsson, who is also Chairman of the Steering Committee on Actions against Money Laundering, Terrorist Financing and Proliferation, will also share the lessons learned from the process of getting his country off the FATF’s list of countries subject to enhanced monitoring.
Another speaker at the conference is Prof. Sir Andrew Likierman, Professor of Management Practice at the London Business School, who will explore why good judgement is important for good governance in regulated environments in general and financial services in particular.
He will illustrate what judgement is while relating it to the development of artificial intelligence.
Meanwhile Graham Bishop, a commentator on EU financial regulation, will participate in a panel discussion on whether Malta should go for added or less regulation in the financial services sector.
As financial regulation continues to ramp up across the globe, the panel will discuss the future of London as a financial centre and its relationship with other European financial hubs, including Malta.
The panel will also tackle the impact of the new regulations being introduced by the Financial Conduct Authority on the European and global competitive landscape.
The second day of the annual conference will come to an end with two interviews, with Prime Minister Robert Abela and Leader of the Opposition Bernard Grech respectively, on their views on the 10-year vision for the financial services industry in Malta.
The FinanceMalta conference will be shedding light on the need and eagerness of the Maltese financial services industry to come forth following the changes and developments that took place globally and locally over the past 18 months.
The line-up of contributors includes C-level executives from Malta and abroad, European Union policymakers, Government representatives, officials of global standard-setting organisations, and renowned academics.
For further information on the programme, sponsorship opportunities and registration details visit the conference website.
The forum was chaired by Chief Officer of Financial Stability and Statistics Alan Cassar
While the local bond market has registered strong growth since 2019, there is a clear opportunity to accelerate this growth
The Energy Efficiency and Renewable Energy Malta Fund, used by banks to offer 0% green loans, has been fully utilised