The head of Naitonalist Party delegation in the European Parliament, David Casa, has called on MFSA chairman Joe Bannister to immediately revoke Pilatus Bank’s licence to operate in Malta.

In a letter to Prof. Bannister, Mr Casa says that should action not be taken, he would be left with no alternative but to report the matter to the European Central Bank and the European Banking Authority.

Dr Casa’s letter to Prof Bannister can be read in the pdf link below.

Read: MFSA defends licensing of Pilatus Bank - financial practitioners say reputation is at stake

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