1. What national authorities regulate the provision of financial products and services?

The Malta Financial Services Authority (MFSA) is the single financial services regulator in Malta, charged with both the authorisation and ongoing supervision of operators within the whole spectrum of financial services. The MFSA regulates credit institutions, financial institutions (eg, payment service providers and e-money institutions), investment services providers (eg, Markets in Financial Instruments Directive 2014/65/E (MiFID) firms), collective investment schemes, trustees, fiduciaries and corporate services providers.

The MFSA has entered into several memoranda of understanding with local regulatory or semi-regulatory authorities for the purposes of establishing a framework for cooperation, mutual assistance and exchange of information, intended to facilitate them in the discharge of their respective duties. The memoranda are in place between the MFSA and the Malta Business Registry, the Commissioner for Voluntary Organisations, the Central