Finance Malta chairman Kenneth Farrugia highlighted Malta’s competitiveness as an EU domicile for payments during his keynote address at The Nextgen Payments Forum 2017 held recently in Malta.

The Nextgen Payments Forum is a premium gathering for senior executives involved in financial transactions and payments operations.

In his presentation entitled ‘Malta: A Leading European Payments and e-Money Destination’ Mr Farrugia spoke about Malta’s growth traction and key developments that were positioning the jurisdiction as an EU domicile for Payments and eMoney business. This has led to increased interest in Malta as a base for financial institutions providing money and payment services internationally. Mr Farrugia also participated in a discussion panel on the opportunities and challenges brought about by Brexit.

This two-day international forum brought together experts, regulators and senior representatives from the European banking and merchant industries, with leading solution providers discussing the current industry ecosystem, placing payments at the heart of the conversation to further advance strategic industry collaborations.

Throughout the event, delegates from Cyprus, Portugal, Netherlands, France, Belgium, UK, Italy, Russia Germany, Ireland, Gibraltar, Switzerland, UAE, Slovakia and Malta also had the opportunity to participate in several panel sessions and workshops which discussed a number of themes including pension funds, securitisation and private equity and venture capital funds.

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