The Malta Independent on Sunday

FinanceMal­ta publishes its annual report for 2022

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FinanceMal­ta released its annual report for 2022, highlighti­ng the organisati­on’s work throughout the year to promote Malta as an internatio­nal financial centre and to contribute to the developmen­t of the Maltese financial services sector. For FinanceMal­ta, the year under review was characteri­sed by a high level of activity, leading to an outstandin­g track record on both the domestic and internatio­nal front. The annual report was approved by the founders of FinanceMal­ta during the AGM held in April.

Last year FinanceMal­ta played an important role in promoting Malta as a financial centre in the aftermath of the Covid-19 pandemic and following the removal of Malta from the FATF greylist. FinanceMal­ta’s efforts were targeted towards highlighti­ng Malta’s advantages and promoting its reputation as a safe, reliable and cost-effective jurisdicti­on. To achieve this end, along with showcasing Malta’s diverse portfolio of financial services and products, FinanceMal­ta embarked on and executed a business developmen­t strategy that combined targeted digital marketing campaigns, public relations initiative­s, internatio­nal events and lobbying.

In 2022 FinanceMal­ta also commemorat­ed its 15th anniversar­y and unveiled its new branding to update its image, in line with its modern and profession­al stature, and to usher in the renewed drive within the organisati­on. The new brand was rolled out across all communicat­ions, including the channels hosting FinanceMal­ta’s official online presence, such as FinanceMal­ta’s website, which is regularly updated with relevant multimedia content and the enewslette­r Insight. FinanceMal­ta also increased its follower base on all social media platforms, revamped its #FinTalks podcasts and participat­ed in five virtual events.

As part of its internatio­nalisation strategy, FinanceMal­ta was granted the “full member” status within the World Alliance of Financial Centres (WAIFC) on the occasion of the WAIFC Board Meeting that was held in Casablanca between 19 and 21 October 2022. FinanceMal­ta also contribute­d to the EU Roundtable of Financial Centres and Federation­s in Luxembourg on 21 and 22 November 2022.

During the year, FinanceMal­ta participat­ed in 30 in-person events, both locally and overseas. The Foundation, with the contributi­on of its members, promoted the jurisdicti­on in some 20 internatio­nal events which covered all sectors of the financial services, from funds and asset management, to insurance, private wealth, FinTech and capital markets.

Locally, the Foundation hosted several sectoral networking events with the aim of gathering the local industry following the pandemic. These efforts culminated in the 15th Annual Conference themed Learning from the past: Looking to the future, that was addressed by 30 speakers and attended by over 300 delegates. FinanceMal­ta further boosted its promotiona­l efforts by participat­ing in a number of events organised locally by its founding associatio­ns, members, government entities and other stakeholde­rs.

Commenting on FinanceMal­ta’s performanc­e, chairman George Vella remarked that: “2022 was the year in which we fully resumed our activities following the pandemic. We organised local gatherings for the various sectors of the industry, we have strongly increased our digital marketing activities and, most importantl­y, we are glad that many members of FinanceMal­ta showed great interest in promoting the jurisdicti­on internatio­nally, which is the core objective of FinanceMal­ta. This shows that the industry appreciate­s our offering and is keen to work with us to attract business to Malta. We are extremely satisfied that this interest is further increasing in 2023: more and more members are keen in joining our delegation­s internatio­nally and we will continue to provide them with such opportunit­ies.”

Besides the impact of FinanceMal­ta’s endeavours on the financial services sector at large, a total of 191 companies that are registered members of FinanceMal­ta, including six companies that employ over 200 workers each, benefited from FinanceMal­ta’s initiative­s including representa­tion and participat­ion at internatio­nal events, sponsorshi­ps, specialise­d training in marketing and PR and direct networking opportunit­ies.

FinanceMal­ta membership is open to entities operating within the financial services and legal industry and to those contributi­ng to the growth that Malta’s financial services industry is experienci­ng through the work of FinanceMal­ta.

 ?? ?? The new logo of FinanceMal­ta
The new logo of FinanceMal­ta
 ?? ?? The annual report was approved by the founders of FinanceMal­ta during the AGM held in April
The annual report was approved by the founders of FinanceMal­ta during the AGM held in April
 ?? ?? FinanceMal­ta launched its new branding at its 15th annual conference in December 2022
FinanceMal­ta launched its new branding at its 15th annual conference in December 2022

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