Malta 'golden handshake' storm further rocks financial services in region

Malta 'golden handshake' storm further rocks financial services in region

A public quarrel between the chief executive of the Malta Financial Services Authority (MFSA), Joseph Cuschieri, and the chief operating officer Reuben Fenech which has led to a legal challenge by an MFSA director, has rocked Malta's financial services industry. According to various local reports the row, which led to the dismissal of Fenech and a subsequent unprecedented judicial letter (sent on Monday) where MFSA director Joe Brincat warned the MFSA CEO, that any golden handshake payment...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?