Regulatory Alerts2026-06-04
Added · Updated
MFSA Issues AI Governance and Prudential Risk Expectations for Malta Financial Services Firms
The Malta Financial Services Authority has issued a Dear CEO Letter outlining supervisory expectations for the adoption and use of Artificial Intelligence across the financial services sector. The document requires firms to embed AI-related risks within existing governance frameworks, ensuring board accountability, robust model validation, and operational resilience. Additionally, the Authority expects license holders to perform self-assessments of their AI use cases and address identified gaps through appropriate remedial actions.
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