Public Statement – MFSA

The MFSA Board of Governors discussed the facts reported in the Maltese media relating to the CEO Joseph Cuschieri and the General Counsel Dr Edwina Licari. The Board, fully aware of its responsibility, has decided to initiate an assessment of the facts reported to safeguard the interests of the Authority. The review is to be conducted in the most transparent and ethical manner. Meanwhile, both Mr Joseph Cuschieri and General Counsel Dr Edwina Licari have suspended themselves voluntarily until all the necessary assessments are concluded and a final decision is taken on both cases. Ad interim, the MFSA Board has unanimously appointed Dr Christopher Buttigieg as acting CEO of the Authority.