FIMA appointment

I am happy to announce the I have been appointed to the board of FIMA, the Financial Institutions Malta Association. FIMA was setup in 2017 and today is approaching 50 members.

The local financial services industry has gained significant ground in the past years and currently boasts over 40 licence holders regulated under the Financial Institutions Act. Licence holders undertake a number of activities, including payment services, money broking, lending, factoring, and the issuance of e-money.

The objective of FIMA is to bring together industry players to spearhead growth in this flourishing segment of the financial services industry. It aims to provide opportunities for participation in direct communication and cooperation with local and European regulatory authorities, ensuring positive development for the industry and Malta as a whole. The association has already been active on a number of fronts, including providing feedback on consultation documents issued by regulatory bodies and supoorting its members.

FIMA is a platform through which financial institutions are brought together and can be formally involved in discussions, provide feedback and participate in the various initiatives taking place in the financial services industry and beyond, both locally and also at international fora.

I look forward to giving my contribution to FIMA and helping wherever I can to help it acheive its mission and recently had the opportunity to attend FIMA’s 7th Anniversary held at Multitude bank.