Business Today - 20 December 2006
Midsea Books Ltd have recently launched Carlo Farrugia’s Dictionary for Financial Services at the premises of the Malta Financial Services Authority at Mriehel. The dictionary, an important lexicographic tool for Maltese speaking community, contains terms used by officers in banks, brokerages, insurance companies, stock exchange, and investment banks.
In his speech Pawlu Mizzi, Director of Midsea Books, explained to his audience that specialised reference books as this dictionary for financial services are indispensable for the users of the Maltese Language. Because of finance legislation they have become even more important. Surely, our language would be poorer without them since Malta’s entry into the EU.
Dr. Charles Briffa said that “like that of most other modern disciplines, the vocabulary of financial services moves rapidly forward and compilers who treat ‘financial services’ as an umbrella market segmentation term, need to keep pace with current changes in this large category of industries.” For this reason he hoped that those involved in finance industries – particularly translators and broadcasters – will find it ‘a useful linguistic tool.’
The dictionary’s author Carlo Farrugia studied at Maastricht School of Management and is a graduate in General Management. He worked at the Central Bank of Malta and later at the Malta Financial Services Authority. He is now Head of the Information Services in the same Authority.
Compiling the dictionary, he said, was no small job. It cost him more than a year’s research. However, he is proud his work will be of benefit to many others and as other speakers suggested he promised to update the dictionary periodically in order to keep up with changing times.
Before the close of the launching ceremony Mr Carlo Farrugia thanked his publishers and Dr Charles Briffa and presented Mr J Demanuele, Chief Operations Officer of the MFSA with a copy of the dictionary.
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