MFSA Fines Database | Malta Financial Services Authority Enforcement Actions

Track all Malta Financial Services Authority (MFSA) fines and enforcement actions. 52 penalties from 2007-2026. Complete database with stats, trends, and analysis.

Coverage Snapshot

  • Regulator: Malta Financial Services Authority
  • Jurisdiction: Malta
  • Tracked period: 2007-2026
  • Tracked actions: 52
  • Default currency: EUR

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Largest enforcement actions

Firm or individualDateAmountBreach categorySource
TEMPLE ASSET MANAGEMENT LIMITED13 Apr 2017£520,603TEMPLE ASSET MANAGEMENT LIMITEDNotice
Setanta Insurance Company Limited2 Jun 2020£403,913Setanta Insurance Company Limited (“the Company”)Notice
Integrated-Capabilities (Malta) Limited1 Nov 2021£263,500Integrated-Capabilities (Malta) Limited (“the Company”)Notice
Fair-Finance Asset Management Limited6 May 2026£163,200Fair-Finance Asset Management LimitedNotice
FERRATUM BANK P.L.C28 Mar 2018£160,178FERRATUM BANK P.L.CNotice
MC Trustees (Malta) Limited16 Apr 2021£136,000MC Trustees (Malta) Limited (“the Company”)Notice
Dennis Muscat3 Jun 2020£127,500Dennis MuscatNotice
Insignia Cards Limited ("the Institution")16 Dec 2021£120,700Insignia Cards Limited (“the Institution”)Notice
Investors Europe (Malta) Limited (Previously known as Dolfin Asset Services Limited)4 Sep 2025£110,500Investors Europe (Malta) Limited (Previously known as Dolfin Asset Services Limited) (“the Company”)Notice
Dr Pio Valletta17 Jan 2025£89,250Dr Pio VallettaNotice
NOVUM BANK LIMITED16 Nov 2018£68,425NOVUM BANK LIMITEDNotice
PORTMANN CAPITAL MANAGEMENT LIMITED14 Aug 2018£53,460PORTMANN CAPITAL MANAGEMENT LIMITEDNotice
SATABANK P.L.C4 Jul 2018£51,425SATABANK P.L.CNotice
Iosif Galea11 Nov 2021£45,333Iosif GaleaNotice
STM MALTA TRUST AND COMPANY MANAGEMENT LIMITED13 Apr 2016£42,500STM MALTA TRUST AND COMPANY MANAGEMENT LIMITEDNotice
Luxury Living Finance P.L.C21 May 2025£38,165Luxury Living Finance P.L.C. (“the Company”)Notice
Phoenix Payments Limited ("the Institution" "Phoenix")11 Mar 2021£27,540Phoenix Payments Limited (“the Institution” “Phoenix”)Notice
Mistral Pay Ltd ("Mistral" and/or "the Institution")22 Oct 2020£27,540Mistral Pay Ltd (“Mistral” and/or “the Institution”)Notice
Risk Insurance Brokers Limited7 May 2020£27,349Risk Insurance Brokers Limited (“the Company”)Notice
Capricorn Trustees Ltd6 Jul 2021£27,200Capricorn Trustees Ltd. (“the Company”)Notice

Amounts are normalised to GBP for comparison.