Minister For Finance Addresses Investment Managers' Forum

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Finance Malta is a non-profit public-private initiative set up to promote Malta as an international financial centre, both within, as well as outside Malta. It brings together, and harnesses, the resources of the industry and government, to ensure Malta maintains a modern and effective legal, regulatory, and fiscal framework in which the financial services sector can continue to grow and prosper. The Board of Governors, together with the founding associations: The Malta Funds Asset Servicing Association, the Malta Bankers Association, the Malta Insurance Association, the Association of Insurance Brokers, the Malta Insurance Managers Association, the Institute of Financial Services Practitioners; its members and staff are all committed to promote Malta as an innovative international.

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While addressing an Investment Managers' Forum organised by the Malta Stock Exchange, in collaboration with Thomson Reuters, Minister for Finance Edward Scicluna stated that "the reason for the financial services performing so well is that Malta is professional, and has the needed expertise to attract business to its shores." The forum was addressed by speakers from the Thomson Reuters Company, and was attended by financial practitioners, including fund managers.

The Minister said that there are greater risks in the financial and iGaming services, but Malta has in place the appropriate legislation. He also stated that, following a National Risk Assessment by a reputable international firm, actions will be taken over a three-year period in order to strengthen the sectors.

Minister Scicluna said that Malta has the standards to attract business organisations from North African countries, and is capable of assisting their development and economic growth.

This event was sponsored by FinanceMalta.

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