The Malta Financial Services Authority Secures Joseph Gavin as Its New CEO

The Malta Financial Services Authority (MFSA) Board of Governors announced that it has secured Joseph Gavin as its new Chief Executive Officer, effective from September 2021.

Finance Magnates recently identified in a press release that Joseph Gavin, an experienced Head Of Financial Services with a demonstrated history (thirty years) of working in the law practice, has been appointed by the MFSA, the single regulator of financial services in Malta, as its new Chief Executive Officer.

In the position, Gavin will take over the responsibilities for chairing the regulator’s Executive Committee from Dr Christopher P. Buttigieg who has been the interim Chief Executive Officer since 30 October 2020. Buttigieg has been instrumental to the authority during this challenging period.

However, Gavin will sit on the Board of Governors of the regulatory body. He will be in charge of overall management and performance as well as the implementation of reforms and consolidation in the financial services sector.

Reviewing Gavin’s Vocational Background

Currently, Gavin has been fulfilling the role of Head of Financial Services Group at ByrneWallace, an Irish law firm. Since April 2015, he has advised clients on a broad range of regulatory and Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term issues. This includes Irish law relating to investment funds, hedge funds, debt structures, EU Financial Directives and secured lending transactions.

From 2010 to 2015, the Central Bank of Ireland utilised his skills when he acted as General Counsel and Chief Legal Adviser. He was in charge of a myriad of projects which included coordinating the resolution and liquidation of IBRC (Anglo), the negotiation of the Bank's mandate on the EU/IMF/ECB Troika programme, establishment of the ECB as the Single Banking Regulator, and legislation and court applications aimed at stabilising the Irish Banking Sector.

In 1995, Gavin served LK Shield as its Head of Financial Services. For around fifteen years, he successfully accomplished the tasks of the role before joining the Central Bank of Ireland.