Financial Services regulator Joe Bannister is the next public figure in Marlene Farrugia's sights, with the independent MP saying she intends to table a motion to discuss his position. Dr Farrugia said she would give Labour MP Silvio Schembri two weeks to summon Prof. Bannister to parliament's economic and financial affairs parliamentary committee, which he chairs. If that didn't happen, Dr Farrugia wrote on Facebook, "I will move a motion to discuss the points Varist [Bartolo] is making in the plenary." Education Minister Evarist Bartolo has publicly blasted Prof. Bannister on several occasions, saying that his role as a director in a Cayman Islands collective investment scheme conflicted with his position as chairman of the Malta Financial Services Authority. Mr Bartolo has also said that Prof. Bannister has been in the position for too long, and that it is time for fresh blood to run Malta's financial services sector. Prof. Bannister has led the MFSA since its creation way back in 1999, and he was also at the helm of its preceding authority, the Malta Financial Services Centre. His term was last extended in 2014. Prof. Bannister has limited himself to saying he had...
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