FinanceMalta kicks off Amsterdam Fintech innovation summit

24th October 2019

The latest developments in Fintech innovation were debated in a two-day summit held on the 17th and 18th October 2019 in Amsterdam.

FinanceMalta sponsored a two-day summit, featuring a panel of its members sharing their views and Malta’s strategy in the area of Fintech innovation.

 Entitled “Unleashing Innovation in Fintech”, the summit brought together over cross-industry Fintech and Blockchain sector leaders to discuss current and future developments that address the key trends and challenges in each realm with the focus being Fintech, in conjunction with Blockchain as a practical tool for financial optimization.

 FinanceMalta played a prominent role in this summit as it hosted the first panel discussion of the two-day event, with the topic being “Putting DLT and Legal on the same page”.

 Its panel speakers were Dr Ian Gauci, Managing Partner at Caleda, GTG Advocates & Afilexion Alliace; Dr Diane Bugeja, Senior Associate at Camilleri Preziosi Advocates; Nicholas Warren, Head of Regulatory at Francis J. Vassallo & Associates; and Joseph Woods, Co-Founder and Creative Director of Creolabs Ltd, who moderated the panel.

finance malta

(left to right) Dr Ian Gauci, Joseph Woods, Dr Diane Bugeja and Nicholas Warren during the FinanceMalta panel discussion at the Amsterdam Fintech Innovation Summit held recently.

 “We are proud to have played an important role in this event in Amsterdam. Throughout the year, FinanceMalta promotes Malta’s thought-leadership and experience in various financial services forums, including the areas of Fintech and Blockchain. Through such FinanceMalta-sponsored events, our members can gain exposure, share their views and connect effectively with other players from all around the world,” said Ivan Grech, Chief Operations Officer of FinanceMalta.

"It was an informative panel session about bringing together DLT and Legal on the same page, whilst focusing on Malta as a jurisdiction for such innovation,” he said.

 During the whole two days, FinanceMalta had an exhibition stand through which it could interact with the summit’s participants and share more information about doing business in Malta.

 During this summit, various innovations within FinTech were explored, and ideas to transform the way in which daily business is being conducted were discussed. The challenges that various corporations and institutions are facing in their day-to-day financial transactions, as well as how these can be overcome were debated at length, with the use of various interesting case studies.

24th October 2019

The services and industrial sectors enjoyed higher confidence, offsetting lower sentiment elsewhere – most notably in construction.

24th October 2019

When comparing September 2019 with the same month last year, the number of persons registering for work decreased by 8%.

24th October 2019

Lawyers, notaries and accountants would need to register with the MFSA when providing Company Service Provider activities.

22nd October 2019

This represents a 3.4% increase when comparing with the same period last year.