Kenneth Farrugia
Chief Executive Officer of the Malta Financial Services Authority (MFSA)
Malta Financial Services AuthorityKenneth Farrugia is the Chief Executive Officer of the Malta Financial Services Authority (MFSA), the country's primary financial regulator. In this role he oversees the supervision of banking, insurance, securities, and other financial services, including Malta's significant remote gaming sector. His appointment builds on a career deeply rooted in financial regulation and anti‑money laundering compliance.
Before leading the MFSA, Farrugia served as Director of the Financial Intelligence Analysis Unit (FIAU), Malta's financial intelligence unit, where he worked extensively on anti‑money laundering measures in the gaming industry. He represented the FIAU at the 2019 KPMG Gaming eSummit, speaking about the unit's investments in AML capabilities and the importance of collaborative oversight in the gambling sector.
Farrugia is also an academic researcher. He is currently pursuing a PhD focused on the application of artificial intelligence in remote gaming, and has published a consumer survey as part of that work. His research interests sit at the intersection of emerging technology, player protection, and regulatory innovation.
His career has been consistently centred on financial regulation and compliance in Malta, with a particular emphasis on the nexus between financial intelligence and the gambling industry. Farrugia's work at both the FIAU and the MFSA positions him as a key figure in the governance of Malta's internationally significant iGaming hub.
Career History
| Company | Role | Dates |
|---|---|---|
| Malta Financial Services Authority | Chief Executive Officer (CEO) | – present |