MFSA publishes guidance on the “fit and proper” assessments
On the 2nd July 2019 the Malta Financial Services Authority (MFSA) issued a Guidance on the Fitness and Properness Assessments applied by the Authority.In assessing fitness and properness, the MFSA assesses: [i] competence; [ii] reputation; [iii] solvency [iv] conflicts of interest and independence of mind; and [v] time commitment. The guidance document seeks to provide further detail […]