Malta: Financial Services

Malta has signalled its intent to meet the 7th June 2026 deadline for transposing the Pay Transparency Directive 2023/970 (the Directive) into national law.

Recent guidance issued in relation to the Annual Compliance Report and the Compliance Monitoring Plan provides an important signal to financial institutions. The Authority is no longer reviewing the CMP as a routine compliance document. It is reviewing it as evidence of whether the institution understands its own risk profile and whether it is actively testing the effectiveness of its controls.

Drafting the Annual Report for FinanceMalta is always a daunting task – but it is also a satisfying reminder of how much we have achieved in the previous year, in spite of the fact that there are only five of us in the team!

The Maltese government has launched its strategic vision for the coming 25 years, outlining 100 measures to be reached by 2035, which will be regularly monitored to ensure that their delivery is on target.

The Office of the Arbiter for Financial Services has seen an uptick in the number of decisions issued, with 125 in 2025 compared with 94 the previous year.

Anabel Mifsud has been the chair of the Malta Asset Service Association (MASA) since 2022, eight years after she initially became involved within the Association.

Malta's Notified Personal Investment Fund regime is quietly becoming the structure of choice for discerning family offices seeking European presence with operational flexibility and regulatory...

The evolving landscape of online payments under the Payment Services Directive (2015/2366) ("PSD2") has consistently aimed to provide consumers with efficient, convenient and secure payment methods...

The enduring relationship between Malta and the United Kingdom continues to present significant opportunities for bilateral business engagement...