Malta And India Strengthen Financial Ties With Landmark Regulatory Agreement

The Malta Financial Services Authority (MFSA) has signed a Memorandum of Understanding (MoU) with India’s International Financial Services Centres Authority (IFSCA), cementing Malta’s position as a financial services hub.

The agreement was signed by IFSCA Chairperson Shri K. Rajaraman and MFSA Chief Executive Officer Kenneth Farrugia and was virtually exchanged and operationalised on 24 February 2026.

By way of background, IFSCA serves as India’s unified regulator, responsible for developing and overseeing financial products, institutions, and services within the country’s financial hubs. The MoU will formalise a relationship between Europe’s fastest growing economy and one of the world’s largest. 

The objective of the agreement is to facilitate the sharing of information and best practices related to financial market development, regulatory frameworks, and business structures across both jurisdictions. It also seeks to promote high standards of fair dealing and integrity, the fitness and properness of licensed persons, and to strengthen enforcement efforts within each jurisdiction.

Crucially, the agreement looks firmly to the future. The MoU encompasses the sharing of knowledge and expertise around the application of emerging technologies and innovations, including financial technology and regulatory technology, reflecting both authorities’ commitment to innovation and sound regulation.

For Malta, the agreement represents yet another demonstration of the regulatory maturity and international standing the jurisdiction has worked hard to build. By forging deeper ties with India’s financial services infrastructure, the MFSA is reinforcing Malta’s position as an investment-friendly destination for cross-border financial services, attracting international firms and opening new channels for fintech collaboration and capital markets growth at a global scale.