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.

PRESS RELEASE BY THE MINISTRY FOR FINANCE

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.

Wednesday 14th February 2018