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FIMA Tackles Skills Shortage in Malta’s Financial Sector

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Image Source : Times of Malta

FIMA, the financial services industry body, is taking proactive steps to address the pressing issue of skills shortage in the financial services sector. To tackle this challenge, FIMA is collaborating with Finance Malta and the Malta Financial Services Authority (MFSA) to develop a comprehensive program aimed at equipping professionals with the necessary skills to thrive in the industry.

This initiative is a direct response to the growing concern about the shortage of skilled professionals in the financial services sector. The program will focus on providing training and development opportunities in areas such as financial planning, risk management, and regulatory compliance. Additionally, the program will also cover emerging trends and technologies, including fintech, sustainable finance, and digital transformation.

By working together, FIMA, Finance Malta, and the MFSA aim to create a pipeline of skilled professionals who can support the growth and development of the financial services sector in Malta. This collaborative effort demonstrates the commitment of these organizations to addressing the skills shortage and ensuring that the industry remains competitive and sustainable in the long term.

The program is expected to benefit not only the financial services industry but also the broader economy of Malta. By developing a skilled and knowledgeable workforce, Malta can reinforce its position as a premier financial services hub, attracting investment, and creating new opportunities for growth and development.

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