The Malta Financial Services Authority (MFSA), tasked with overseeing and regulating Malta’s financial sector, has reported a considerable financial loss of €4.6 million for the year 2024. This stark result comes despite the authority receiving a sizeable €17.7 million government subvention, raising renewed concerns about governance, fiscal discipline, and long-term sustainability....
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Finance News, iGaming News
June 6, 2025
Malta Gambling Revenues Disguised as Tech Income
Just as the digital economy thrives, Malta has become a hub where certain firms operate in a gray area, concealing substantial gambling revenues by classifying them as technology earnings. This...
Laws, NEWS Malta
September 13, 2024
Ex-MGA CEO Loses Appeal in Malta AML Leak Case
In a high-profile legal battle, former Malta Gambling Authority (MGA) CEO Heathcliff Farrugia has officially lost his appeal against convictions related to leaking confidential information. Farrugia’s downfall is tied to...