Page 7 - மால்டா நிதி சேவைகள் அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Okcoin secures regulatory approval in Malta and the Netherlands
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Binance foundation warned of legal action on accounts
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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.
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
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