Financial services sector grew despite pandemic challenges in 2020 - MFSA independent.com.mt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.com.mt Daily Mail and Mail on Sunday newspapers.
Fuelled by technology and globalisation, the financial services sector in Europe and in Malta, is fast-moving and dynamic and undergoing change at a pace which is unparalleled in its history.
With national, European and international regulations in constant flux, the sector – and the regulator – have to be ready, and constantly strive to anticipate such changes and shape their objectives, workforce and skill-sets.
The Malta Financial Services Authority (MFSA) recently set up its Financial Supervisors Academy (FSA), with the aim of creating a much-needed specialist hub in financial services supervision, and investing in people to help them meet the challenges they encounter in their career.
The financial services sector is not only a significant contributor to Malta’s GDP – but it is also one of the most exciting and diverse. These qualities are reflected in the Malta Financial Services Authority’s workforce – young, dynamic and boasting various skill-sets.
“Our workforce, which currently stands at 430 members of staff, is as diverse as they come, with people coming from different backgrounds, nationalities, and with different skill-sets,” said Calvin Cassar, MFSA’s Head for People and Culture.
“We employ a workforce with a diverse educational background, and have employees with specialisation in finance, law, policy, but also technology, mathematics and statistics as well as investigative skills. It is exciting to see all this coming together and collaborating on projects and assignments – say, persons with a criminology background working with Analysts having a legal or finance background.” he added.