The Malta Financial Services Authority (MFSA) has entered into a Memorandum of Understanding with the International Financial Services Centres Authority (IFSCA) to formalise regulatory cooperation in areas of mutual interest. The agreement was signed by IFSCA Chairperson Shri K. Rajaraman and MFSA Chief Executive Officer Kenneth Farrugia and was virtually exchanged and operationalised on February 24, 2026. The MoU is intended to facilitate information sharing and the exchange of best practices on financial market development, regulatory frameworks and business structures in the two jurisdictions. It also covers cooperation aimed at promoting the fitness and properness of licensed or registered persons, supporting high standards of fair dealing and integrity, and strengthening enforcement efforts, alongside knowledge-sharing on emerging technologies such as financial technology and regulatory technology.