2017 another year of growth for Maltese Financial Services

Data published by the Malta Financial Services Authority (MFSA) has revealed that 2017 was another year of growth for the Financial Services sector in Malta with the issuance of various licenses and authorisations including in the areas of insurance, investment services, investment funds and trusts.

At the end of 2017 the MFSA had 63 entities authorised to conduct insurance activities under the Insurance Business Act and 162 investment services companies licensed of which 9 were licensed as Alternative Invesement Funds, 58 as Professional Investor Funds and 30 UCITS funds. Numbers which represent significant increases from the end of 2016.

Malta’s Financial Services sector thus has continued to flourish with Malta increasingly becoming a jurisdiction of choice for a growing number of internationally reputable investors.