MSE and MFSA ring the bell to promote financial literacy during World Investor Week

Published by

The Malta Business Weekly

3 years ago

The event held at the Malta Stock Exchange with MFSA to promote financial literacy as part of the World Investor Week 2021 was addressed by Mr Joseph Portelli, Chairman of the MSE together with Ms Emily Benson, Head Conduct Supervision at the MFSA.

As a member of the World Federation of Exchanges (WFE), the Malta Stock Exchange (MSE) joined a number of other exchanges around the world and held a ‘Ring The Bell for Financial Literacy’ event at its premises to promote financial literacy, investor protection and financial inclusion – as part of the World Investor Week (WIW) 2021. The event was organised in conjunction with the Malta Financial Services Authority (MFSA).

The WFE, the global industry group for exchanges and central counterparty clearing houses (CCPs), supports the International Organization of Securities Commissions (IOSCO) WIW 2021, which runs between 4 October and 10 October 2021.

Mr Joseph Portelli, Chairman of the MSE together with Ms Emily Benson, Head Conduct Supervision at the MFSA addressed those present during the event held at the Exchange. Subsequently, Mr Cliff Pace, Director of Studies at the Malta Stock Exchange Institute (MSEI) and Ms Benson jointly rang the bell to mark the occasion.

Mr Cliff Pace, Director of Studies at the Malta Stock Exchange Institute (MSEI) and Ms Emily Benson, Head Conduct Supervision at the MFSA jointly rang the bell at the Exchange to mark the occasion of World Investor Week 2021 aimed at promoting financial literacy.

Mr Portelli said: “We are keen to continue addressing the need to increase financial literacy among investors and members of the public. We are very pleased with the MSEI and how it promotes financial literacy in Malta”.

He said that such initiatives, jointly organised with the MFSA, are part of the Exchange’s Environment, Social and Governance (ESG) objectives and, in particular, investor education should be prioritised to ensure continued market integrity.

WIW is a week-long, global campaign promoted by IOSCO to raise awareness about the importance of investor education and protection, and to highlight the various initiatives of securities regulators in these two critical areas, whilst promoting financial literacy. The 2021 edition will mark the fifth year of this campaign. This year, a record 78 exchanges are holding virtual bell ringing ceremonies, workshops and events this week to drive awareness of the importance and necessity of financial literacy and its impact on life.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.