In its drive to continue to attract more FDI to Malta, a FinanceMalta (FM) delegation has just returned from an intensive four-day mission to London, which saw company executives and FM members participate in four different seminars and events between September 24-27.

FinanceMalta is undertaking a strong promotional initiative for the last quarter of 2018 in view of the looming Brexit date tying in with initiatives in other jurisdictions such as Miami, Luxembourg and Hong Kong. The events are aimed to sustain the growth experienced so far in the key sectors of Malta’s financial services industry.

Commenting on these events, FinanceMalta chairman Kenneth Farrugia said: “Our strategy to increase our presence in London and other key financial markets is aimed at attracting new FDI to Malta. Recent statistics published by the NSO show that our efforts are bearing fruit, considering that financial and insurance activities in 2017 contributed €166.4 billion or 98 per cent of the total stock of FDI in Malta up from €158.2 in 2016.

“Our activities cover various initiatives supporting the private wealth, insurance and asset servicing sectors. Other initiatives being planned will also cover subsets of the key financial sectors such as securitisations, pensions, protected cell insurance business, venture capital and private equity business and a number of related areas of business.”

The first event in London was held on September 24 and 25 entitled ‘Cross border Planning for Private Client’. This was followed by an event co-organised in conjunction with AlterDomus (Malta) and Dolfin Group (Malta). The third event, ‘UCITS and AIFMD London 2018’ was held on September 25 and 26, while the final event was the ‘Spear’s Wealth Management Forum’ held on September 27. The events catered for those in the funds and wealth management sectors and FinanceMalta members were entitled to discounted passes for certain events.