The Institute of Financial Services Malta in collaboration with Ganado & Associates have launched the first in a series of books about Maltese Financial Services Laws.

This comprehensive publication offers a guide of the relative local legislation to help the reader understand in a clear and straightforward manner the financial services laws applicable in Malta.

The book provides an introductory review of a number of important aspects, ranging from the laws of contract, trusts and corporate structures to the laws of confidentiality, taxation, regulation, national interest, data and consumer protection. Besides being of benefit to Maltese students and practitioners alike, the publication provides an international operator looking at Malta as a place of business within the EU, with a viewpoint on what Malta has to offer as it takes up the challenge of becoming an international centre for financial services.

The publication is edited by Max Ganado and produced by ifs Malta and Ganado & Associates. Similar publications dealing with other aspects of financial services laws are also planned to be published in the future.

Andre Camilleri, director general of the Malta Financial Services Authority, spoke at the launch of the book and highlighted the importance of having a sound legislative and regulatory infrastructure and professional human resources in the development of Malta's financial services sector.

Also speaking during the launch was John Consiglio, currently a University lecturer and a former ifs Malta president and banker for over 40 years.

Dr Consiglio gave an extensive overview of the book, in which he highlighted its values from the historical context of legal publishing by the ifs in Malta.

Dr Ganado said: "Producing this series of publications was perceived a while ago as it was considered necessary in light of the changes and developments that had taken place in the dynamic Maltese financial services sector.

Although a daunting task that required considerable time and effort and a firm commitment from all those involved, it is with great satisfaction that this publication is being launched."

The president of ifs Malta, Joseph Abdilla, said: "it is a privilege to be collaborating with Ganado & Associates on the production of this series of publications, as it contributes to fulfilling the Institute's objectives of promoting education and fostering professional development in financial services".

Distribution outlets for this book include Word for Word, Castille Place, Valletta; ifs-Malta, 60, Gurdamangia Hill, Pietà and other leading booksellers, while Allied Newspapers Ltd were mainly involved for the publishing, distribution and selling.

For further information and enquiries one may visit www.maltafinancialserviceslaws.com.mt.

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