MC Trustees to appeal regulator's decision
Spending money may feel great but spending all that we earn will not build us much wealth. As Marlene Dietrich once put it, there is a gigantic difference between earning a great deal of money and being rich! When we earn money, we need to budget and...
Globalisation has a very long story, one that has changed in content and intensity over the past decades. Technology-driven globalisation picked up in the early 1990s, delivering a great deal to the global economies. Supply chains spread like wildfire,...
The European Central Bank (ECB) decided on Thursday to keep policy unchanged as market players look for clues on when its massive monetary stimulus might start to be wound down. The Governing Council kept the size of its pandemic bond-buying programme...
FinanceMalta participated in the UK FinTech Week, one of the world’s leading events in the financial services industry. The Maltese public-private entity, tasked to promote Malta as an International Financial Centre, hosted one of the break-out...
Malta placed sixth overall in an international financial literacy competition which was held online on April 20 for teenagers between 13 and 15 years of age from all over Europe. Keira Privitera from St Clare College Secondary School Pembroke and Jamie...
German rating agency highlights fiscal prudence and strong growth potential
Public sector net borrowing balloons to £303.1bn in the year to March
The MFSA calls on Company Service Providers to apply for a licence by May 16
Retail Price Index shows 0.4% upward move in inflation
At a time of global economic crisis, fiscal rectitude drops down the list of priorities of policymakers and politicians. Last year, the European Commission suspended the Stability and Growth Pact, which binds member states to strict fiscal limits of...
50,000 jobs threatened at companies that relied on its supply chain financing
Action group urges NGOs to continue collecting funds without applying for permit
Switzerland’s second-largest bank suffers Q1 net loss of €229m
Maltese investors who have been investing internationally over the years may have gained exposure at some point in time to a number of the companies forming part of the FTSE 100. Today’s article aims at providing an overview of the UK’s main benchmark...
The MSE Equity Price Index partially recovered from yesterday’s sharp decline as it rebounded by 1.1% to 3,879.748 points. The gains in eight companies outweighed the declines in BMIT, GO and MaltaPost whilst MIA closed unchanged. Meanwhile, trading...
The COVID-19 pandemic has been costing the government €5million a day in increased outlay and lost revenue, but no new or additional taxes are planned, Finance Minister Clyde Caruana said on Tuesday. He made his comment shortly after the publication of...
Fight against money laundering 'not a sprint but a marathon'
ECB monetary operations On April 12, the European Central Bank announced the seven-day main refinancing operations (MRO). The operation was conducted on April 13 and attracted bids from euro area eligible counterparties of €137 million, €53 million...
“Bought gold at 1,738 today,” texted a friend a few weeks ago, “hope this was not a mistake.” Any meaningful judgement would, of course, depend on one’s views on the immediate future of the world’s major economies and the markets serving them. But it...
Inflation is defined as the change in the prices of a basket of goods and services that are typically purchased by households and represents how much more expensive a set of goods and/or services has become over a certain period, most commonly a year.
The MSE Equity Total Return Index lost ground, as it closed in negative territory at 8,016.442 points. A total of 19 equities were active, 10 of which headed north, while another four closed in the opposite direction. Total weekly value increased by...
Over 440 UK banks, finance firms moved business, staff or set up new EU entities
Regulator holds virtual meeting with more than 500 CSPs
This time last year most articles from financial commentators understandably delved into the extraordinary circumstances that were unfolding as virtually all economies around the world had grounded to a halt due to the severe restrictions imposed to...
Denies conflict of interest amid reports of two other possible buyout bids
ECB monetary operations On April 1, the European Central Bank (ECB) announced the seven-day main refinancing operations (MRO). The operation was conducted on April 6 and attracted bids from euro area eligible counterparties of €190 million, €271...
The Malta Financial Services Authority’s role is to protect consumers of financial services and ensure market integrity – and it does this by making sure that all market participants comply with applicable rules and regulations, therefore ensuring fair...
The COVID-19 pandemic has caused unique humanitarian disruptions and unprecedented challenges to the global economy, not least to the financial services industry. This article provides an overview of the impact of the pandemic on the financial...
Market rationality is a central point of contention among economists, investment professionals and politicians. Some argue that markets (including financial ones) make everyone better off; they are the ultimate generator of win-win situations.
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