Aggregated News From Investment Management Regulators

MFSA Warning – Open Banking Third-Party Platforms – MFSA


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The Malta Financial Services Authority (“MFSA” or “Authority”) wishes to alert the public that it has become aware of a number of online platforms promising profitable and secure investments with alleged ‘partner banks’, some of which are not aware of the fact that these third-party service providers are using their logos to advertise their products or services.

The Authority would like to inform the public that online platforms such as, and amongst others, are NOT licensed or otherwise authorised by the MFSA to provide any banking services or other financial services which are required to be licensed or otherwise authorised under Maltese law.The MFSA strongly advises consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator.

Before consenting to share your personal or account details with any third-party service provider, it is important to verify its identity and ensure that it is regulated by a National Competent Authority.

A list of entities licensed by the MFSA can be viewed on the official website of the MFSA at

Verżjoni bil-Malti

L-Awtorità għas-Servizzi Finanzjarji ta’ Malta (“MFSA” jew “l-Awtorità”) tixtieq tavża lill-pubbliku li ġiet infurmata b’numru ta’ pjattaformi online li qed iwegħdu investimenti sikuri u bi qligħ ma’ hekk imsejħa ‘partner banks,  meta uħud minn dawn il-banek lanqas biss huma konxji tal-fatt li dawn il-fornituri ta’ servizzi terzi qed jużaw il-logos tagħhom sabiex jirreklamaw il-prodotti jew is-servizzi tagħhom.L-Awtorità tixtieq tinforma lill-pubbliku li pjattaformi online bħal, u fost oħrajn, MHUMIEX liċenzjati jew awtorizzati mill-MFSA biex jipprovdu servizzi bankarji jew servizzi finanzjarji oħra li huma meħtieġa li jkunu liċenzjati jew awtorizzati bi kwalunkwe mod ieħor taħt il-liġi Maltija.

L-MFSA twissi lill-konsumaturi ta’ servizzi finanzjarji biex ma jidħlu f’ebda transazzjoni ta’ servizzi finanzjarji qabel ma jkunu ċerti li l-entità li magħha qed issir it-transazzjoni hija awtorizzata li tipprovdi dawk is-servizzi mill-MFSA jew minn xi regolatur ieħor tas-servizzi finanzjarji ta’ reputazzjoni tajba.

Qabel ma wieħed jagħti l-kunsens tiegħu biex jaqsam dettalji personali jew dettalji ta’kontijiet bankarji ma’ fornituri ta’ servizzi terzi, huwa importanti li dan jivverifika l-identità tagħhom u jkun ċert li dawn huma rregolati minn Awtorità Kompetenti Nazzjonali.Lista ta’ entitajiet liċenzjati mill-MFSA hija disponibbli fuq is-sit uffiċjali tal-MFSA fuq

Regulator Information

Abbreviation: MFSA
Jurisdiction: Malta

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