Issue link: https://maltatoday.uberflip.com/i/1543797
6 COMMERCIAL maltatoday | SUNDAY • 8 MARCH 2026 A Volvo weekend at GasanZammit showroom LAST weekend, the Gasan- Zammit Showroom came alive with a Volvo test drive event, and what a weekend it was. Vis- itors filled the space to explore the Volvo lineup, with test drives running back-to-back all weekend. Lucky dip prizes kept the energy high with Vol- vo goodies up for grabs, while visitors explored features, and the showroom stayed packed throughout. If you missed the weekend excitement, don't worry. Vol- vo models are available for test drives. Simply schedule an ap- pointment and get behind the wheel yourself. The Volvo Appeal There's something unmis- takable about a Volvo. It's the Scandinavian design that feels effortlessly elegant without try- ing too hard. It's the safety that comes as standard, not as an upsell. It's the quiet confidence of a brand that's been protect- ing families for decades while looking impossibly good doing it. This is what draws people in - and what Mariam and Sabrina from Lovin Malta discovered when they took the XC40 for a spin. What Makes the XC40 Stand Out? Compact enough for narrow streets yet powerful enough for weekend adventures, the XC40 delivers 247 horsepower wrapped in understated Scan- dinavian design. The 48-volt mild hybrid system means smart fuel efficiency at 26 combined MPG, keeping run- ning costs down. Google Maps and Assistant come built-in for seamless navigation, while adaptive cruise control and lane-keeping aid handle Mal- ta's roads with confidence. The comfortable suspension absorbs every bump, spacious enough for five adults. The sig- nature Thor's Hammer LED headlights bring pure style that won't age. Keep your eyes on the road, if you spot a distinct grey Volvo cruising Malta's streets, that's likely the XC40. You'll be see- ing more and more of them around. Ready to Experience Volvo? For more information or to schedule your test drive, call 27788225, email to volvo@ gasanzammit.com or visit the GasanZammit Showroom in Mriehel. More information on the models: volvocars.com.mt BOV & the Malta FA sign a memorandum of understanding BANK of Valletta and the Mal- ta Football Association signed a Memorandum of Under- standing to improve resilience against financial crime risk through collaborative efforts in information sharing, education, and risk awareness in the sports discipline of football. The Memorandum of Under- standing was officially signed by Kenneth Farrugia, Chief Ex- ecutive Officer of Bank of Val- letta; Bjorn Vassallo, President of the Malta FA; and Dr Maria Azzopardi, General Secretary of the Malta FA, in the presence of Ryan Caruana, Group Chief An- ti-Financial Crime Officer and MLRO at BOV, and Dr Herman Mula, Malta FA Legal, Integrity and Prosecutor. The agreement, spanning over a period of three years, is de- signed to strengthen resilience against financial crime through a series of joint initiatives fo- cused on public education and awareness, to mitigate finan- cial crime risks in sport. These include, amongst others, cam- paigns highlighting various forms of scams and promoting good sports governance. With this MoU, Bank of Valletta and the Malta Football Association also aim to facilitate a regular and secure exchange of infor- mation and typologies related to financial crime risks, strength- en investigative capabilities through shared expertise and training, and improve customer protection mechanisms through collaborative innovation. Speaking during the sign- ing event at the Malta Football Association, Bank of Valletta CEO Kenneth Farrugia em- phasised the importance that such an agreement can have on the wider community. "To- day's agreement underscores our commitment to fostering a governance culture that places AML and KYC principles at its core. Football clubs, like all or- ganisations operating within the financial system, must uphold robust standards of transparen- cy, integrity, and accountabil- ity. Strengthening these foun- dations is essential not only to protect the sport from financial crime risks, but also to safe- guard its reputation and long- term sustainability. Through this partnership with the Malta FA, we are taking a proactive role in supporting clubs and stakeholders to better understand and manage finan- cial crime risks. By encouraging stronger due diligence practices, improving awareness, and pro- moting responsible governance behaviours, we aim to build a resilient environment where football can thrive free from the influence of illicit activity," Mr Farrugia said. Bjorn Vassallo, Malta FA Pres- ident, noted that the contribu- tion of a partnership like this today is very strategic, with an important purpose of knowledge sharing between both entities. "The outlining of the desirable outcomes in better governance, mainly in the financial crime ar- ea and risk awareness, will assist both organisations to maintain a forefront position, working through intelligence to ensure monitoring, analysis and pro- cesses are in place, thus creating a strong compliance through educational, innovative and joint initiatives. We look for- ward to working more closely with Bank of Valletta to be able to promote aspects which miti- gate abuse. Financial safeguard- ing is our main objective, and the Malta FA will continue to do its utmost in its football field so that regulatory standards are ef- fectively met," he said. This Memorandum of Under- standing establishes a strategic partnership based on mutual trust and shared responsibility. It is the second such agreement signed by Bank of Valletta in 2026 as part of its ongoing ef- forts to combat financial crime. Earlier, in January, the Bank en- tered into a similar agreement with the Malta Police Force, with the aim to increase aware- ness on financial crime and strengthening the protection for both customers and society at large