MFSA Fines Database | Malta Financial Services Authority Enforcement Actions
Track Malta Financial Services Authority (MFSA) fines and enforcement actions from 2007-2026. Current totals are loaded from the live evidence view. Complete database with stats, trends, and analysis.
Coverage Snapshot
- Regulator: Malta Financial Services Authority
- Jurisdiction: Malta
- Tracked period: 2007-2026
- Tracked actions: 275
- Latest tracked action: 2026-05-06
- Default currency: EUR
Use This Data
Open the live RegActions workspace to filter the source records, inspect related firms, compare breach themes, and export the evidence for compliance or board reporting.
Largest enforcement actions
| Firm or individual | Date | Amount | Breach category | Source |
|---|---|---|---|---|
| TEMPLE ASSET MANAGEMENT LIMITED | 13 Apr 2017 | £520,603 | TEMPLE ASSET MANAGEMENT LIMITED | Notice |
| Setanta Insurance Company Limited | 2 Jun 2020 | £403,913 | Setanta Insurance Company Limited (“the Company”) | Notice |
| Integrated-Capabilities (Malta) Limited | 1 Nov 2021 | £263,500 | Integrated-Capabilities (Malta) Limited (“the Company”) | Notice |
| Fair-Finance Asset Management Limited | 6 May 2026 | £163,200 | Fair-Finance Asset Management Limited | Notice |
| FERRATUM BANK P.L.C | 28 Mar 2018 | £160,178 | FERRATUM BANK P.L.C | Notice |
| MC Trustees (Malta) Limited | 16 Apr 2021 | £136,000 | MC Trustees (Malta) Limited (“the Company”) | Notice |
| Dennis Muscat | 3 Jun 2020 | £127,500 | Dennis Muscat | Notice |
| Insignia Cards Limited ("the Institution") | 16 Dec 2021 | £120,700 | Insignia Cards Limited (“the Institution”) | Notice |
| Investors Europe (Malta) Limited (Previously known as Dolfin Asset Services Limited) | 4 Sep 2025 | £110,500 | Investors Europe (Malta) Limited (Previously known as Dolfin Asset Services Limited) (“the Company”) | Notice |
| Dr Pio Valletta | 17 Jan 2025 | £89,250 | Dr Pio Valletta | Notice |
| NOVUM BANK LIMITED | 16 Nov 2018 | £68,425 | NOVUM BANK LIMITED | Notice |
| PORTMANN CAPITAL MANAGEMENT LIMITED | 14 Aug 2018 | £53,460 | PORTMANN CAPITAL MANAGEMENT LIMITED | Notice |
| SATABANK P.L.C | 4 Jul 2018 | £51,425 | SATABANK P.L.C | Notice |
| Iosif Galea | 11 Nov 2021 | £45,333 | Iosif Galea | Notice |
| STM MALTA TRUST AND COMPANY MANAGEMENT LIMITED | 13 Apr 2016 | £42,500 | STM MALTA TRUST AND COMPANY MANAGEMENT LIMITED | Notice |
| Luxury Living Finance P.L.C | 21 May 2025 | £38,165 | Luxury Living Finance P.L.C. (“the Company”) | Notice |
| Phoenix Payments Limited ("the Institution" "Phoenix") | 11 Mar 2021 | £27,540 | Phoenix Payments Limited (“the Institution” “Phoenix”) | Notice |
| Mistral Pay Ltd ("Mistral" and/or "the Institution") | 22 Oct 2020 | £27,540 | Mistral Pay Ltd (“Mistral” and/or “the Institution”) | Notice |
| Risk Insurance Brokers Limited | 7 May 2020 | £27,349 | Risk Insurance Brokers Limited (“the Company”) | Notice |
| Capricorn Trustees Ltd | 6 Jul 2021 | £27,200 | Capricorn Trustees Ltd. (“the Company”) | Notice |
Amounts are normalised to GBP for comparison.
Frequently asked questions
What is the largest MFSA fine?
The largest MFSA fine currently recorded by RegActions is £520,603, issued to TEMPLE ASSET MANAGEMENT LIMITED on 13 Apr 2017 by the Malta Financial Services Authority. This reflects amounts that have passed RegActions' amount-review gate; see the MFSA fines database below for the complete, source-linked list.
How much has MFSA fined in 2026?
RegActions records £163,625 in disclosed Malta Financial Services Authority (MFSA) monetary penalties in 2026, based on source-linked notices that have passed the amount-review gate. This excludes non-monetary actions such as prohibitions and public censures.
How many MFSA penalties were issued in 2026?
RegActions has recorded 2 disclosed Malta Financial Services Authority (MFSA) monetary penalties in 2026 so far. This counts individual penalty notices, not firms, since some are fined more than once in a year.
How can I verify a MFSA fine?
Start with the firm or individual name, the penalty date and the disclosed amount, then open the linked Malta Financial Services Authority notice. The notice sets out the rule breaches, the affected period and the sanction. RegActions links every record to its official source; the regulator's own publication remains the authoritative record.