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MFSA’s CEO Called It A Day. What A Regulatory Mess!
FinTelegram reported that the Irish Joseph Gavin resigned from his post as CEO of the Maltese Financial Services Authority (MFSA). Earlier this month, MFSA announced that Gavin would resign later this year. However, he resigned before the end of the Summer. The Irish lawyer was appointed to the financial regulator in July of 2021 on a package reportedly worth €160,000. The previous CEO, Joseph Cuschieri, has had to leave in disgrace, and the Acting CEO who succeeded him, Christopher P. Buttigieg, is facing lawsuits surrounding his conduct as an MFSA official. A mess!