The Malta Financial Services Authority (MFSA) notified that it has recently sent out two important “Dear CEO” letters: one addressed to Funds and Fund Managers, and the other to Insurance and Investment firms.

These two letters highlight and address the EU Commission's proposal on the Retail Investment Strategy Package, which has far-reaching implications for the financial industry. The aim of the new regulatory requirements proposed in this package is to strengthen retail investment protection, address shortcomings in various stages of retail clients’ investment journey, and empower retail clients sufficiently to make more informed investment decisions that align better with their needs and objectives.

All “Dear CEO” letters published by MFSA may be accessed here.