MFSA Compliance Issue – Disgraced Maltese regulator rebooting with Irish CEO?
The Times of Malta reported that the Irish lawyer Joseph Gavin (LinkedIn) had been appointed CEO of the Malta Financial Services Authority (MFSA). The former general counsel with the Central Bank of Ireland will start his job in September. Former CEO Joseph Cuschieri had to resign in November after it was revealed that he had flown to Las Vegas with casino owner Yorgen Fenech in 2018, with Fenech footing the bill. Cuschieri's close confident Christopher P. Buttigieg has been acting CEO since. We can hope that the MFSA will finally become a real regulator under its new CEO.