Personal Questionnaire


    Introduction

    The take up of positions which can influence the direction of an Entity or occupy certain positions of trust, is subject to prior regulatory approval.  Approval is subject to a due diligence process by the MFSA to ensure that the Applicant meets the ‘fit and proper’ or suitability criteria and has the necessary qualities that will allow the individual to perform his/her responsibilities required in his/her position.

    The suitability assessment is based on the following criteria:

    1. Competence (based on the qualification and experience of the Applicant)
    2. Reputation (based on the integrity and financial soundness)
    3. Conflicts of Interest and independence of mind
    4. Time Commitment

      The MFSA only approves proposed Applicants when it is satisfied that they are suitable to hold the proposed role(s). 

        

      Completing a Personal Questionnaire

      In order to conduct its suitability assessment, the MFSA requires Applicants to complete the online Personal Questionnaire by logging into LH Portal . Please keep the login details in a secure place as they may be needed for future use.

      Before completing a Personal Questionnaire, Applicants are expected to read the Guidelines to the Personal Questionnaire and the Glossary.            

       

      Circular

      01.11. 2018 - Circular to Licence Holders and Applicants who are being proposed to hold a position which requires the MFSA’s prior approval.


      Video:

       

      Contact Details

      It is suggested that, if after going through the Guidelines to the Personal Questionnaire or the above video, the Applicants remain uncertain about any aspect, they are to contact the MFSA on pq@mfsa.com.mt.