The creation of deeper and more integrated capital markets throughout the European Union, known as the Capital Markets Union (CMU) will be given top priority on the agenda during the Maltese Presidency of the Council of the EU.

 

PRESS RELEASE ISSUED BY THE MINISTRY FOR FINANCE

Minister for Finance, Professor Edward Scicluna affirmed this as he addressed the second annual Malta Stock Exchange (MSE) investor education conference, aimed at increasing the level of financial literacy amongst investors.

The Minister also spoke about the challenges being faced by financial institutions, including the practice of de-risking which is affecting negatively investment in a number of EU Member States.

Minister Scicluna remarked that while the MSE held a good record with over €18 billion of new equities and bonds since the stock exchange’s foundation 25 years ago and with over 75,000 investors on the exchange today, ample scope for expansion exists.

It is against this background, said Minister Scicluna, that the MSE has developed a national capital markets strategic plan which has been subjected to public consultation with a view to place Malta in a good strategic position to attract new business, both domestically and internationally.

Minister Scicluna also praised the MSE for taking the initiative to help local investors develop adequate financial literacy through programmes such as the investor education conference.

The conference was also addressed by its Chairman Mr Joseph Portelli and a number of distinguished speakers from Malta’s leading institutions.

 

 

 

 

 

 

 

 

Saturday 29th October 2016