Investmentgesellschaft der nächsten Generation
HilfeKontakte
Telefon:  +44 20 3670 9945 Rufen uns an, 24/7

Wir verwenden Cookies, um Inhalte und Anzeigen zu personalisieren, Funktionen für soziale Medien anbieten zu können und die Zugriffe auf unsere Website zu analysieren. Außerdem geben wir Informationen zu Ihrer Verwendung unserer Website an unsere Partner für soziale Medien, Werbung und Analysen weiter. Unsere Partner führen diese Informationen möglicherweise mit weiteren Daten zusammen, die Sie ihnen bereitgestellt haben oder die sie im Rahmen Ihrer Nutzung der Dienste gesammelt haben. Sie geben Einwilligung zu unseren Cookies, wenn Sie unsere Webseite weiterhin nutzen.

Joint financial stability board to be set up in Malta

Joint financial stability board to be set up in Malta

The Central Bank and the Malta Financial Services Authority (MFSA) decided to establish a joint financial stability board to strengthen the resilience of the financial system and to mitigate the build-up of systemic risk.

The objective of the board is to strengthen the resilience of the financial system and mitigate the build-up of systemic risk. It will be made up of senior personnel from the MFSA and the CBM, and will mirror the model adopted by the European Systemic Risk Board (ESRB), Central Bank Governor Josef Bonnici told the Institute of Directors Conference where he made the announcement.

The ESRB is an independent body of the European Union and is part of the European System of Financial Supervision (ESFS), the purpose of which is to ensure the supervision of the Union’s financial system. The ESRB is hosted and supported by the European Central Bank.

Prof. Bonnici said that strengthening the governance and oversight of the financial system is imperative to ensure stability and deliver confidence to the marketplace.

Institute of Directors chairman James Satariano said the timing of Prof. Bonnici’s announcement at the IOD’s first conference of the year, demonstrates that corporate governance is not standing still locally and is fully in step with developments across Europe.

The JFSB will be responsible for supervision of stability within the financial system at the macro level, as well as oversight. The purpose of the oversight is to prevent emergence of systemic risks to Malta’s financial stability and mitigate their impact as well as support financial sector consideration of macro-economic developments.

Nächster Artikel
Entwickelt von Profis. Für Profis.
Das nächstgelegene Vertretungsbüro:  EXANTE LTD.
1 Fore Street,
London,
EC2Y 9DT,
England, +44 20 3670 9945
Version 0.4.92