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THURSDAY 26 NOVEMBER 2020 • ISSUE 85
WWW.BUSINESSTODAY.COM.MT
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Editorial PAGE 9
SUPPORTING BARS AS THEY CLOSE FOR THE GREATER GOOD
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Carlo Stivala
to split from
brothers
and leave
Stivala group
business
Government
decision to
extend COVID
measures
leaves leisure
industry
reeling
MATTHEW VELLA
MALTA Financial Services Au-
thority chief executive officer
Joseph Cuschieri has resigned,
finance minister Clyde Caruana
announced yesterday.
Caruana said he had accept-
ed Cuschieri's resignation and
thanked him for his work at the
regulator's helm, "strengthening
the regulatory aspect, modernis-
ing the structures of the authori-
ty, and carrying out reforms in the
MFSA in recent years."
Cuschieri had self-suspend-
ed himself, together with MFSA
general counsel Edwina Licari,
after an internal investigation was
launched on a Las Vegas trip with
the magnate Yorgen Fenech.
Finance Minister says Joseph Cuschieri, facing a
regulator investigation into Las Vegas trip with
Tumas magnate Yorgen Fenech, has resigned
his post as chief executive officer of the financial
services watchdog • Cuschieri insists resignation
is 'no admission of misconduct'
Joseph Cuschieri
MFSA CEO Joseph Cuschieri resigns
