The Malta Financial Services Authority’s (MFSA) chief executive, Joseph Gavin, is “currently indisposed”, according to an announcement issued on Wednesday morning.
The authority’s board of governors has appointed Michelle Mizzi Buontempo as acting CEO in Mr Gavin’s absence. Her appointment is effective from 15th June 2022 (today).
Dr Mizzi Buontempo is currently the MFSA’s lead enforcer, being appointed to the role in March 2020, after five years heading conduct supervision.
She has over twenty years of experience in the regulation and supervision of different areas within financial services, including supervision of investment firms and fiduciaries. During her career within the MFSA, Dr Mizzi Buontempo has been entrusted with the responsibility of piloting a number of projects including the setting up of a regulatory regime to enhance consumer protection in the investments and insurance sector, as well the establishment of a new regulatory framework for trustees and company service providers.
Top 5% of taxpayers responsible for one-third of all income tax paid in Malta
On the other hand, the bottom third of income earners pay just 1.7% of all income tax generated
The Malta Institute of Accountants prepares for its 2024 Anti-Money Laundering Conference
Held at the Radisson Blu, St Julians, this latest AML Conference promises to bring exclusive insights on new procedures
Eurozone interest rates to remain unchanged
The European Central Bank noted that price pressures remain persistent