“It is quite thrilling to hear US companies express their intention to set up their digital business in Malta,” said Minister for Finance Edward Scicluna during a business promotion visit to New York between 17 and 19 April 2018. Professor Scicluna was leading a business delegation organised by the Malta Stock Exchange.

PRESS RELEASE BY THE MINISTRY FOR FINANCE

Minister Scicluna addressed a seminar organised by Adherence, a New York City based compliance firm, attended by over seventy professionals at the University Club, New York.

Minister Scicluna also participated in another event hosted by renowned international law firm White & Case during which major issues in global blockchain regulations were discussed. During this event US company ABE announced its intention to set up digital securities exchange in Malta. Miko Matsumura, who founded crypto exchange Evercoin, also expressed his intention to set up business in Malta.

The Finance Minister also held meetings with senior partners from a number of international law firms including Pillsbury Winthrop, KL Gates, and Kirkland & Ellis.

On the last day of his visit, Minister Scicluna was the special guest on Bloomberg live television programme Bloomberg Markets European Close, hosted by Vonnie Quinn in NY and Mark Barton in London. The topics covered during the programme included global trade issues, digital taxation, and immigration.

Minister Scicluna was also interviewed by Jeffrey Cane, News and Features Editor at American weekly newspaper Barron’s, published by Dow Jones & Company.

During the visit, Minister Scicluna was accompanied by Chairman of the Malta Stock Exchange, Joseph Portelli, Chief of Staff Paul Debattista, MSE CEO Simon Zammit, Director, Securities, and Markets Supervision Unit, MFSA, Chris Buttigieg, Chairman of Finance Malta Kenneth Farrugia and a number of legal practitioners from Malta’s leading law firms.

The delegation held over fifty meetings during the three-day visit.

Friday 20th April 2018