All the Maltese Forex Brokers are authorized by the Malta Financial Services Authority (MFSA), which is an autonomous regulatory organization established in 2002. The MFSA oversees the financial behavior of all the licensed Forex Brokerage Firms, Credit institutions, Insurance and Pension Companies, Financial Advisors, Banks, Stock Exchange, and all the related firms that play a role in the entirety of Maltese Market. The organization sees to it that the rules are followed and the clients, registered by the listed companies, are protected. The MFSA cooperates with several international organizations for conformity of the provisions and regulations including the OECD, the European Union, the Commonwealth, the International Organization of Securities Commissions (IOSCO), and the International Association of Insurance Supervisors (IAIS).