January 16, 2022

Joe Cuschieri to head MFSA, Adrian Hillman being suggested to chair MGA

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By David Lindsay & Rachel Attard From Independent mt Malta Gaming Authority chairman Joe Cuschieri will be taking the helm of the Malta Financial Services Authority once the current and long-serving chairman Joe Bannister steps down at the end of the year. This newspaper is also informed that Labour MP and former tourism minister Edward […]

MALTA: MFSA chief’s financial interests are not for public consumption, ministry says

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From Times of Malta FOI request about Joe Bannister’s financial interests turned down The Finance Ministry would not give this newspaper information on the financial interests of the Malta Financial Services Authority’s chairman Joe Bannister. A request made in terms of the Freedom of Information Act was turned down on grounds that “such information is […]

MALTA: Green MEP claims ‘serious conflict of interest’ on the part of MFSA’s Bannister

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From Independent Malta Green MEP Sven Giegold, member of the Banking Union Working Group of the European Parliament and former rapporteur for the establishment of ESMA, has written to the chairs of the European Supervisory Agencies (EBA, ESMA, Eiopa) and asked whether any peer reviews have been carried out with regards to the Malta Financial […]

MFSA Warns that Alpha Capital Markets is Unauthorised in Malta

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By Rosemary Barnes From Finance Magnates The company has allegedly been misleading investors by pretending to be regulated. Malta’s financial markets watchdog, the Malta Financial Services Authority (MFSA), today issued a warning against forex broker Alpha Capital Markets (Alphacmarkets). The firm, operating online as www.alphacmarkets.com, has been flagged by the regulator for falsely stating that […]

Malta: Evarist Bartolo insists: Bannister’s position is untenable [Director of Cayman Islands investment scheme]

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From Times of Malta Updated with tweet by Simon Busuttil, second post by Evarist Bartolo Education Minister Evarist Bartolo has maintained his attack on Joe Bannister, chairman of the Malta Financial Services Authority, insisting in a Facebook post today that his position is untenable because of his conflicting role as director of a collective investment […]

Malta: Labour MP urges Bartolo to ‘show prudence’ over MFSA head criticism

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By Tim Diacono From maltatoday Charles Mangion warns education minister against critcism of MFSA head Joe Bannister, arguing that the financial services sector is ‘very delicate’ Labour MP Charles Mangion urged Evarist Bartolo to “show prudence”, after the education minister declared his lack of faith in the Malta Financial Services Authority’s head for his interests in […]

Malta: MFSA Chairman denies minister’s claims, says he has no Cayman companies or funds

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From Independent mt Malta Financial Services Authority Chairman Joe Bannister has denied claims by Education Minister Evarist Bartolo, who claimed yesterday that he (Mr Bannister) “is directly involved with a company in the Cayman Islands, which is also considered as a tax haven.” Mr Bartolo declared that he had no faith in the MFSA chairman. […]