The MFSA and the Accountancy Board announce the signing of Memorandum of Understanding

Published by
The Malta Business Weekly

The Malta Financial Services Authority (MFSA) and the Accountancy Board have entered into a Memorandum of Understanding (MoU) that establishes a framework for co-operation, mutual assistance and exchange of information between the two entities.

“The MFSA looks forward to a closer collaboration with the Board which regulates the accountancy profession in Malta as this will further enhance the Authority’s capacity to effectively supervise licensed entities,” commented MFSA CEO Joseph Cuschieri.

On his part, Prof. Peter Baldacchino expressed his satisfaction, remarking that “the Accountancy Board is pleased that, for the first time, it has formalised, through this MoU, its collaboration with the MFSA within the parameters of its regulatory framework.  Consequently, the Board now looks forward to closer inter-regulator communications concerning any relevant issues of common interest.”

The MoU was signed by Joseph Cuschieri, Chief Executive Officer of the MFSA, on behalf of the Authority and Prof. Peter Baldacchino, Chairman of the Accountancy Board, on behalf of the Accountancy Board.

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.

Recent Posts

MFSA warns public of fraudulent companies misusing licensed entities’ details

The Malta Financial Services Authority (MFSA) has issued warnings against several fraudulent companies exploiting the…

17 hours ago

Prime Minister visits Gozitan businesses which thrived after receiving support

During a visit to Gozo, Prime Minister Robert Abela toured two Gozitan businesses that have…

18 hours ago

MDA calls for reform to ensure ‘fairness and accountability’ in magisterial Inquiries

The Malta Developers Association (MDA) on Saturday expressed serious concerns about the practice of implicating…

19 hours ago

BOV Bugibba and Ħal Luqa branches reopen with modern upgrades

Branch in Ħaż-Żebbuġ closes for refurbishment Following weeks of intensive work, the Bugibba and Ħal…

19 hours ago

Gozo’s economic growth must continue to result in common good and identity preservation, PM says

Prime Minister Robert Abela said that Gozo is an example of how economic growth must…

20 hours ago

€1.6 billion to be invested in pensions and social benefits throughout 2025

€1.6 billion is set to be spent on pensions and social benefits throughout the calendar…

1 day ago