Malta’s financial services sector is undergoing a strategic transformation, with the Malta Financial Services Advisory Council (MFSAC) and FinanceMalta at the forefront of fostering international partnerships and innovation.
As a jurisdiction, Malta is positioning itself as a hub for emerging financial sectors, including FinTech, sustainable finance, and insurance-linked securities.
Bernice Buttigieg, Chief Strategy Officer at FinanceMalta, emphasises, “Our goal is to ensure that Malta remains a competitive and forward-thinking financial centre. We are not just reacting to global trends – we are actively shaping them by engaging with international stakeholders and strengthening our regulatory framework.”
A key aspect of FinanceMalta’s international strategy has been proactive outreach, including participation in global financial forums and industry events.
“This aligns with my role as a director of the World Alliance of International Financial Centers (WAIFC) and as a member of the Women’s Climate Leadership Network (WCLN) of the European Investment Bank (EIB),” says Dr Buttigieg. “These affiliations enable Malta to contribute to global discussions on financial resilience, green finance, and cross-border investment strategies.”
With ongoing developments for the creation of a National Payments Hub and continued efforts to enhance Malta’s position in the insurance-linked securities space, the country is reinforcing its reputation as a leader in regulatory innovation.
Dr Buttigieg highlights: “We are leveraging digital transformation and sustainable finance strategies to attract investors while ensuring compliance with evolving global standards.”
Looking to the future, Malta’s financial services sector will continue to thrive through strategic international partnerships, thought leadership, and regulatory agility – solidifying its status as a gateway to Europe’s financial ecosystem.
The transition will require a shift towards greater pay transparency.
He acknowledges that not every meeting will be perfect, but the key is continuous improvement.
‘It’s a testament to our commitment to growth, innovation, and excellence in aviation maintenance.’
He is an active member of several key committees at FIMBank.