PRESS RELEASE
4 April 2024

Malta Improves Standing In OECD Report

FM
Finance Malta

Contributor

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.
FinanceMalta welcomes the improvement in Malta’s ranking in an OECD report from ‘partially compliant’ in 2020 to ‘largely compliant’.
Malta

FinanceMalta welcomes the improvement in Malta’s ranking in an OECD report from ‘partially compliant’ in 2020 to ‘largely compliant’. The OECD Supplementary Report issued on March 28 looked into Malta’s legal and regulatory framework as well as its practical implementation, in particular related to requests for Exchange of Information. Progress was registered in four out of the ten metrics.

“FinanceMalta appreciates the huge amount of work which led to this improvement, which required collaboration from a wide range of stakeholders. We also welcome the OECD’s recommendations on ways to continue on this journey,”
Chairman George Vella said.

PRESS RELEASE
4 April 2024

Malta Improves Standing In OECD Report

Malta

Contributor

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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