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

Additional oversight at this stage could harm the digital asset sector’s competitiveness, the regulator said

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'

Malta Capital Management Limited's license had been officially cancelled 5 years ago due to regulatory deficiencies

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

Remote gaming companies remained the largest source of STRs

Malta’s financial services sector continues to demonstrate resilience

The Authority provided clear expectations and guidance to address certain concerns.

Denise Borda, Senior e-Commerce Analyst at the MCA, dissects the Digital Services Act, and what it means for local businesses.

The fine was issued over the provider’s AML failures surrounding external reporting of suspicious activity