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MFSA to have first non-Maltese CEO

MFSA to have first non-Maltese CEO Financial services watchdog to have non-Maltese CEO for the first time since it started operations in 2002 25 July 2021, 9:33am by Karl Azzopardi The Malta Financial Services Authority will be getting a foreign CEO for the first time since it started operations in 2002. The Malta Independent reported the new CEO will be announced in the coming days, and will take over from acting head Christopher P. Buttigieg. The vacancy for the MFSA top job was advertised internationally on popular platforms such as The Economist. A requirement for prospective applicants was prior experience working in a regulatory environment, ideally with exposure to multiple areas within financial services regulation.

Cross-border distribution of funds in European Union

The distribution of funds on a cross-border basis within the European Union is the next important topic of the year for EU fund managers. The relatively new CBDF framework, which will come into force on August 2, will impact alternative investment fund managers (AIFMs) and UCITS management companies (UCITS ManCos) as they will have to ensure that marketing communications produced for funds under their management are compliant with this new framework. This article is aimed at: (i) providing a brief overview of the CBDF framework; and (ii) discussing the main challenges that AIFMs and/or UCITS ManCos may face once the framework is brought into effect.

Binance Faces Regulatory Troubles in Lithuania for Offering Derivatives

Binance Faces Regulatory Troubles in Lithuania for Offering Derivatives
financemagnates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financemagnates.com Daily Mail and Mail on Sunday newspapers.

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