MFSA’s Dr. Buttigieg Appointed to ESMA's Management Board

Dr Christopher P. Buttigieg from Malta's Financial Services Authority (MFSA) has been appointed to the Management Board of the European Securities and Markets Authority (ESMA), the European Union's financial markets regulator and supervisor.

The appointment, confirmed during the Board of Supervisors meeting on December 10, 2025, will see Buttigieg take up his position on January 1, 2026.

Buttigieg will join the board alongside Marie-Anne Barbat-Layani from France's Autorité Des Marchés Financiers (AMF), with both filling vacancies left by outgoing members Vasiliki Lazarakou of Greece and Jos Heuvelman of the Netherlands, whose terms conclude at the end of this year.

The Management Board, chaired by ESMA Chair Verena Ross, is tasked with overseeing the Authority's operations and ensuring it meets its regulatory obligations under its founding legislation.

With this appointment, Malta will be represented at one of the EU's key financial regulatory bodies. The board comprises representatives from national financial supervisory authorities across member states, along with ESMA's Executive Director and a European Commission representative.

The 10-member board will also include officials from Croatia, Finland, France, Germany, and Italy, reflecting the diverse regulatory landscape across European financial markets.