SECTOR PROFILE: Financial Services

Insights

Joe Bannister
Chairman of the Malta Financial Services Authority

Look to banking, and you’ll see the future of financial supervision, says MFSA Chairman

Joe Bannister, Chairman of the Malta Financial Services Authority, says the financial services sector needs to brace itself for more centralised and integrated financial supervision at EU level. Despite this, he thinks that the opportunity for Malta to position itself as an innovative finance hub has never been greater, and blockchain technology could play a key role in the finance centre’s future.

Dr. Christian Kälin
Group Chairman of Henley & Partners

Redefining Global Mobility

Paris, London and New York define cosmopolitan living at its best and are home to the most ethnically diverse populations. While Malta is not as fast-paced as these metropolises, there aren’t many places in the world that make it so easy for foreigners to feel at home. Malta’s international outlook and its fast-growing economy, combined with a lifestyle that comes with the Mediterranean environment, are attracting people from all over the world to work and live on the island. In addition to offering the common routes to residency and citizenship, in Malta foreigners can also take advantage of special residency programmes, as well as a citizenship-by-investment programme.

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