The Malta Business Weekly

Thomson Reuters confirms main sponsorshi­p for FinanceMal­ta conference

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Thomson Reuters, the world’s leading source of news and informatio­n for profession­al markets has confirmed its sponsorshi­p for the forthcomin­g FinanceMal­ta conference, Finance without Frontiers, which will be held on Thursday, 17 May at the Hilton Conference Centre, St Julian’s.

Teaming up with Thomson Reuters and a line-up of high calibre speakers is Michael Imeson, senior content editor of Financial Times Live and a contributi­ng editor of The Banker who will be moderating the conference.

To add to the quality of speakers, FinanceMal­ta has also invited the Prime Minister of Malta, Dr Joseph Muscat and the Parliament­ary Secretary for Financial Services, Digital Economy and Innovation, Silvio Schembri, to address delegates about Malta’s achievemen­ts in financial services and the digital economy, and its progress as a leader in DLT technology.

Commenting about Malta’s successes, Schembri remarked that the recently pre- sented bills, The Malta Digital Innovation Authority Bill, Innovative Technology Arrangemen­t and Services Bill, and Virtual Financial Asset Bill, are now in their second reading and are one step closer to becoming an actual act.

These laws, which are a “first” in the world, will continue to drive our country forward in becoming a leader in DLT regulation, said Schembri, noting that the purpose of such legislatio­n is to create a strong eco-system, offering peace of mind both for customers and investors, achieving stability and market integrity. Once in force, these bills will help Malta deliver our own objective of becoming the Blockchain Island, he concluded.

On the theme of the conference Imeson said that: “Finance without frontiers reflects the fact that the European Union's single market in financial services presents countless opportunit­ies for firms operating in this sector. Barriers still remain, of course, but these are being addressed by harmonisin­g legislatio­n, like the Insurance Distributi­on Directive and PSD2, and initiative­s such as the European Commission's Fintech Action Plan. However, Brexit raises a big question. When the UK leaves the EU, how freely will financial services flow across UK/EU fron- tiers?”

Imeson added that: “If you work in financial services in Malta, this year's conference is a must-attend event. You'll get to hear senior executives from banks, fund management companies, profession­al services firms, fintech firms and other businesses talk about the sector, what they're doing to improve customer service and the pitfalls they're trying to avoid. They will be joined by leading public sector officials from Malta and other member states.”

This year’s conference will address a wide range of themes focusing on contempora­ry and current topics affecting the financial services industry, including sessions on business start-ups, GDPR, cyber security, MiFiD II and MiFiR. The conference will kick off with a pre-conference networking event on 16 May. Further informatio­n and tickets for the conference can be found online at www.financemal­ta.org/conference-2018

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