The new MFSA : placing the recent changes in different contexts

Abstract

In this paper, the writer draws on eleven years of regulatory experience with the MIBA / MFSC / MFSA to analyse what the new MFSA represents as an institution growing up in an increasingly complex Maltese legislative and administrative mosaic. Placing it in a number of five different relevant contexts, the paper will attempt to show that there are various ways of looking at the MFSA recently reconstituted as the single regulator for financial services. The comments and conclusions are the writer's sole responsibility. The writer lectures on.financial services and consumer at the University of Malta and heads the unit responsible for legal matters, EU and other international issues at the MFSA.