Malta, MGA, MFSA bolster regulatory collaboration through recently established accord
Malta, known for its thriving entrepreneurial ecosystem, is taking strides to distinguish itself not only as a hub for innovation but also for the solidity and integrity of its rules. The Malta Gaming Authority (MGA) and the Malta Financial Services Authority (MFSA) have recently signed a new Memorandum of Understanding (MoU) to strengthen regulatory cooperation, marking a significant step in Malta's commitment to cooperation between authorities.
This agreement goes beyond simple information exchange, promoting common standards and investing in the professional growth of sector operators. It aims to improve regulatory cooperation on a broad scale, going beyond anti-money laundering issues, as Charles Mizzi, CEO of MGA, emphasized.
The MoU establishes a structured exchange of information and joint training initiatives focused on enhancing institutional capabilities and professional development. This is meant to foster a more coordinated and integrated supervision system across the gaming and financial sectors, which have increasing regulatory overlap.
The agreement includes provisions for training and education programs aimed at equipping both authorities with necessary skills and knowledge where their regulatory jurisdictions overlap. This commitment to capacity building is intended to strengthen institutional competencies and improve the overall effectiveness of both regulatory frameworks.
Kenneth Farrugia, CEO of MFSA, also welcomed the agreement, describing it as essential for strengthening ties between Maltese regulatory authorities. The agreement integrates an existing multilateral protocol that also involves the Sanctions Monitoring Board (SMB) and the Financial Intelligence Analysis Unit (FIAU).
In a complex global landscape, where risks become sophisticated and regulations intersect, institutional synergy becomes an indispensable element. Malta, which continues to be a European reference point in the gaming and financial services sectors, recognizes this need and has chosen the path of institutional collaboration to ensure high standards and protect the integrity of its markets.
The new MoU between MGA and MFSA is part of a broader strategy aimed at consolidating Malta's international reputation. The goal is to strengthen institutional capabilities and ensure effective supervision of operators and markets that increasingly overlap in terms of regulatory areas.
SiGMA Central Europe, scheduled for 3 to 6 November 2025, will bring together 30,000 delegates, 1,200 exhibitors, and over 700 speakers. This event is expected to be the venue where innovators driving change in the industry connect, providing an ideal platform for showcasing Malta's commitment to regulatory excellence.
In summary, the new MGA-MFSA MoU seeks to enhance regulatory cooperation by expanding collaboration into training, education, and joint supervision efforts, thereby reinforcing the resilience and professionalism of Malta's regulatory environment beyond the traditional AML focus. This strategic move underscores Malta's dedication to maintaining a robust and dynamic regulatory landscape that supports innovation while ensuring integrity and transparency.
- The Malta Gaming Authority (MGA) and the Malta Financial Services Authority (MFSA) have signed a new Memorandum of Understanding (MoU) to strengthen regulatory cooperation, aiming to go beyond anti-money laundering issues and foster a more coordinated and integrated supervision system across the gaming and financial sectors.
- This agreement includes provisions for training and education programs aimed at equipping both authorities with necessary skills and knowledge where their regulatory jurisdictions overlap, a commitment intended to strengthen institutional competencies and improve the overall effectiveness of both regulatory frameworks.
- In a complex global landscape, the new MGA-MFSA MoU is not just a step in Malta's commitment to cooperation between authorities, but also part of a broader strategy aimed at consolidating Malta's international reputation, strengthening institutional capabilities, and ensuring effective supervision of operators and markets with increasing regulatory overlap.
