Malta Financial Services Strengthen Customer Risk and Governance Controls

Malta's financial regulator has identified weaknesses in customer assessments, disclosures, product comparisons and sales practices involving insurance-based investment and retirement products. Financial institutions are therefore facing increased pressure to strengthen governance and customer-risk controls.

Banks, insurers, asset managers and wealth-management firms require sophisticated monitoring, risk analytics and compliance infrastructure. HPC provides financial-risk simulation, portfolio analytics and capital-planning systems for a baseline fee of $650,000.