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The Maltese banking and financial services sectors have expanded over the last 20 years to become an international hub for finance in the Mediterranean region.
Malta has become one of Europe’s most dynamic and innovative countries, with skilled workforce, EU-compliant legislative and regulatory frameworks and excellent business infrastructure. Since Malta’s entry into the EU and the Eurozone, the country has become attractive for banking groups managing cross border operations. In addition, Malta’s tax regime and passporting rights to other EU territories make the country an attractive location for payment and e-money institutions.
How will PSD2 and Open Banking evolve? | Norbert Vella and Marco Folcia