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.

Kenneth Farrugia
Chief Business Development Officer at Bank of Valletta

Gaming operators need to promote good practices to give banks ‘comfort’

iGaming companies should further strengthen the level of communication within the industry on governance matters, highlighting processes and procedures they have in place to manage the various risks posed by this sector, says Kenneth Farrugia, Chief Business Development Officer at Bank of Valletta.

Raymond Busuttil
Managing Director and CEO of IIG Bank

Increasingly stringent regulations are reducing banks’ risk appetite, says IIG Bank’s CEO

While new regulations are affecting banks’ bottom lines, Raymond Busuttil of IIG Bank urges smaller players to remain niche in their approach and not to emulate larger institutions with a full package of consumer services.

Paul Mifsud
Managing Director of Sparkasse Bank

Banks need to keep it simple, says Sparkasse’s Paul Mifsud

Banks are redefining what business they want to pursue and are increasingly choosing niche services to compete in global markets, Managing Director Paul Mifsud tells MaltaProfile.

Alessandro Bertoldo
General Manager of Insignia Cards Ltd.

Credit Card Concierge

After using Malta as a test bed for its credit card business, Insignia Cards is set to target foreign markets as more economies are moving from cash-based to cashless societies.