Tag: Curmi Partners

Maltese Tribunal Overturns Covid-19 Related MFSA Fines

Malta Financial Services Authority Mark Lagarde - September 13, 2022

A tribunal has overturned a fine the financial regulator imposed on the MFSA-regulated investment firm Curmi & Partners for submitting its accounts late due to “administrative difficulties” caused by the COVID-19 pandemic. They were fined €5,000 for filing their audited accounts and other statutory returns three weeks after the April 2020 deadline. The tribunal concluded that an MFSA “concession” should not be lost because of formalities.

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