A key theme across all three letters is the lack of robust root cause analysis

Suzanne Busuttil Naudi explains the ins and outs of due diligence at the MFSA

The campaign comes at a time when more consumers are being offered products linked to retirement planning and long-term savings

An increased effort to combat increasingly sophisticated fraud

The review fits into a much broader national effort to combat financial crime

The initiative is intended to support more effective supervision and help identify non-compliant entities operating within Malta’s financial services landscape

Regulatory strategy is no longer just a compliance function

Matthew Scicluna and Eric Micallef from the MFSA’s Financial Crime Compliance function, shed light on the MLRO Guidance document

The workshop focused on corporate governance, board effectiveness and enforcement practices within Malta’s financial services sector

The MFSA’s review should help level-set expectations and accelerate remediation where needed

After ESMA’s peer review of Malta’s crypto regulation, MFSA’s Christopher Buttigieg shared how the Authority plans to address the findings

Tokenisation refers to the process of representing traditional assets in digital format through smart contracts enabled by DLT

'Transparency is essential to maintaining trust in our capital markets'

Uncertainty also remains over the technology used and how enforcement will be applied

The session was aimed at licensed and prospective CASPs, as well as legal and compliance professionals