Tribunal criticises MFSA’s ‘manifestly unfair’ treatment of Satabank shareholders
The Financial Services Tribunal has dismissed a preliminary plea made by the MFSA in an appeal lodged by Signia Holding Ltd and Satabank, saying the authority had failed to...
Risk culture and appetite emphasised in MFSA drive
The Malta Financial Services Authority has released a Risk Culture and Risk Appetite Statements as part of its drive to place risk management at the centre of its strategy
Revolut rampage: 100,000 Maltese are now using the digital bank

Over 200 customers signing up to the mobile payment service every day

Over 200 customers signing up to the mobile...

[WATCH] ‘We can no longer promise super profits’, says Bank of Valletta CEO

Prudence is Bank of Valletta’s watchword as bank announces de-risking process to close down accounts of businesses with no Malta ties

Prudence is Bank of Valletta’s watchword as bank...

Bank of Valletta downgraded by S&P over cyberattack and international litigation

Standard & Poor’s lowers BOV’s ratings over cyberattack event and various litigation cases

Standard & Poor’s lowers BOV’s ratings...

Government says finances for first half of 2019 in line with targets

The Finance Ministry said that government expenditure in the first half of the...

The Finance Ministry said that government expenditure in...

JobsinMalta celebrates third anniversary and continued growth

Jobsinmalta.com announced that the number of clients advertising on its website...

Jobsinmalta.com announced that the number of clients...

We need to be seen by one and all as fighting money laundering, Commerce Chamber says

The Malta Chamber of Commerce said that the doubts cast on financial services sector must be cleared decisively

The Malta Chamber of Commerce said that the doubts cast on...

Updated | After Swedish pensions headache, Bank of Valletta to stop custodian services

With some €4 billion in assets under Bank of Valletta’s custodianship, the bank sends out warning that it will no longer oversee funds for its...

With some €4 billion in assets under Bank of...

Italian bank that holds BOV shareholding is in for major restructuring

Unicredit, which holds a 14% stake in Bank of Valletta, is reported to be planning a major restructuring of its business by year’s end

Unicredit, which holds a 14% stake in Bank of Valletta, is...

Hili Ventures launches €80 million bond for acquisition of Comino Hotel

Comino Hotel valued at over €55 million, to be acquired by Hili Ventures for development into luxury hotel and upmarket bungalows

Comino Hotel valued at over €55 million, to be...

Difficult banks causing businesses to reconsider Malta investment, GRTU warns

GRTU meets with Prime Minister Joseph Muscat to discuss what they describe as an 'unprecedented' banking situation

GRTU meets with Prime Minister Joseph Muscat to discuss...

Bank of Valletta holding 158 individuals liable for lost Falcon Funds savings

Bank of Valletta has filed a judicial letter saying it will hold 158 individuals and companies responsible for any losses the bank might incur after millions...

Bank of Valletta has filed a judicial letter saying it will...

Fitch upgrades Malta’s economic rating outlook to positive

Credit rating agency Fitch attributed the upgrade to Malta’s robust...

Credit rating agency Fitch attributed the upgrade to...

Maltese financial services sector registers 9.5% growth

Financial services now employ 12,000, and is one of the highest-contributors to...

Financial services now employ 12,000, and is one of the...

Qatar Airways celebrates Malta route opening in style

Qatar Airways CEO Akbar Al Baker says the airline has gone from strength to...

Qatar Airways CEO Akbar Al Baker says the airline has gone...

MFSA recruits American experts to boost financial crime team

The financial services regulator has set up a specialised financial crime team...

The financial services regulator has set up a specialised...

[WATCH] Updated | Bank of Valletta to lose US dollar transactions provider by December

Dutch multinational bank ING will terminate its correspondent banking relationship with BOV on 14 December 2019

Dutch multinational bank ING will terminate its...

Water Services Corporation wins European Water Governance Prize

The Water Services Corporation CEO Richard Bilocca said that Malta...

The Water Services Corporation CEO Richard Bilocca...

De La Rue sells International Identity Solutions business

HID Corporation Limited will acquire De La Rue’s international identity...

HID Corporation Limited will acquire De La Rue’s...