FinanceMalta presents 2019 outlook at London Media Roundtable
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FinanceMalta presents 2019 outlook at London Media Roundtable

Finance Minister Edward Scicluna flanked by FinanceMalta chairman Kenneth Farrugia (right) and Joseph Portelli, Malta Stock Exchange executive chairman.

Finance Minister Edward Scicluna flanked by FinanceMalta chairman Kenneth Farrugia (right) and Joseph Portelli, Malta Stock Exchange executive chairman.

FinanceMalta has presented its 2019 outlook for the development of financial services in Malta as part of a roundtable hosted in London on January 18.

Kenneth Farrugia, chairman of FinanceMalta, took part in the event as part of a panel led by Finance Minister Edward Scicluna, and also including Joe Cuschieri, CEO, Malta Financial Services Authority and Joseph Portelli, executive chairman, Malta Stock Exchange.

Bringing together the expertise and perspective across all these organisations, the roundtable presented how, by working together, Malta is creating the infrastructure to attract financial services firms from the UK looking to create a presence in an EU jurisdiction in light of Brexit.

The roundtable was attended by an audience of financial services journalists and, through discussions, presented the latest developments and forward-looking outlook for 2019.

Journalists from Bloomberg, International Adviser and Private Banker International, among others, were present to find out more about Malta’s asset and wealth management, insurance and gaming sectors, as well as the growing blockchain and cryptocurrency industry.

Flying the flag for Malta, the panel informed attendees on the great opportunities on offer across the country.

The discussion also highlighted Malta’s focus on developing constructive solutions across sectors, with a focus on an innovative and nimble framework.

“We were delighted to be in London last month showcasing Malta’s many successes in 2018 and the promising initiatives ahead,” Mr Farrugia said.

“It was great to engage with the UK’s financial journalists and to tell them more about our 2019 plans. It is an exciting time for Malta, and I look forward to future progress and innovation.”

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