A Regulator Under Fire The Malta Financial Services Authority (MFSA) is facing one of its most turbulent periods. In Malta, compliance appears to be an unusual…
A Long-Awaited Action At last, the Malta Financial Services Authority (MFSA) has responded to the many complaints filed by defrauded investors concerning the regulated payment institution…
Troubled Maltese Payment Processor Under Scrutiny Phoenix Payments Limited, operating under the brand name Paytah and based in Malta, has repeatedly made headlines for the wrong…
Italian Executive Alpesh Patel Joins Phoenix Payments Ltd Amid growing regulatory concerns and unresolved legal disputes, Italian national Alpesh Patel has been appointed as a director…
Introduction: A Mediterranean Paradise with a Tarnished Financial Image Malta, the picturesque island nation, has long been admired for its beauty. Yet, much like Cyprus, it…
Regulatory Pressure Mounts on Phoenix Payments Ltd a/k/a Paytah Phoenix Payments Ltd, operating under the trade name Paytah, is a Maltese-based financial institution licensed by the…
Malta’s Regulatory History Under the Microscope In 2014, the Malta Financial Services Authority (MFSA) approved a banking license for Pilatus Bank—a decision that would later spark…
Court Ruling Against Calamatta Cuschieri Investment Services The Maltese Arbiter for Financial Services has ruled against Calamatta Cuschieri Investment Services Ltd (www.cc.com.mt), operating under the trading…
Outcome of Appeal The Court of Appeal (Inferior Jurisdiction) in Malta has lowered an administrative penalty imposed on Satabank plc, a bank formerly under the ownership…
