€1.50
THURSDAY 12 JANUARY 2023 • ISSUE 188
WWW.BUSINESSTODAY.COM.MT
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470 million euros
raised in bonds on
primary market
Over €386,000
in FIAU fines for
gaming entities
PAUL COCKS
MORE than €470 million were raised
in bonds on the local primary market
across 20 issues in 2022, a record for
Malta, although bond investors did not
all fair well.
In fact, the Malta Corporate Bond In-
dex closed 2022 with a decline of 4.7%
while the Malta Government Stock
market registered a decline of 19.7%.
But despite several corporate bonds
dropping below their par value in the
last six months of the year, nearly all
bond issues were quickly oversub-
scribed.
e bond offers in 2022 included new
offerings from existing issuers as well
new offerings from other companies
who approached the market for the
first time.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 10 Jan 2023
Number of Trades: 69
Turnover: € 422,017.97
MSE TRX Index: 7,461.31
Change: 7,507.57 (0.744%)
Name: 4% EDF PLC UNS
MT0000141227 - Currency €
Last Traded: 10 Jan 2023
Price 98.000
Change +2.000
US Dollar 1.0388
British Pound: 0.86477
Japanese Yen: 144.59
Australian Dollar: 1.5451
Swiss Franc: 0.98700
7,587.67
75.67
7,592.39 / 7,512.00
Value
Net variation
High / Low
+1.01%
www.franksalt.com.mt/ftb
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THE Malta Gaming Authority carried out
16 compliance audits and 114 desktop re-
views over the January-June 2022 period,
accompanied by an additional seven an-
ti-money laundering (AML) compliance
examinations initiated behalf of the FIAU.
Additionally, the MGA issued a warning,
cancelled a licence, as well as suspended
another authorised entity, following infor-
mation which emerged from compliance
audits, compliance reviews and formal
investigations. A total of seven adminis-
trative penalties as well as two regulatory
settlements, with a collective total finan-
cial penalty of €85,000.
Enforcement measures were also issued
by the FIAU to an additional four licen-
sees, ranging from written reprimands to
administrative penalties, with an empha-
sis on remediation measures, based on the
breaches identified during examinations
carried out in previous years, including by
the MGA. In total, these amounted to just
over €386,567.
