Malta’s gaming regulatory boss is leaving his post following a flurry of negative headlines regarding its Italian-based online gambling licensees.

On Sunday, the Times of Malta reported that Malta Gaming Authority executive chairman Joseph Cuschieri would be leaving the regulatory agency to become CEO of the Malta Financial Services Authority (MFSA). The MFSA doesn’t technically have a CEO position, forcing the government to amend the law to create the position.

Cuschieri won’t be entirely saying goodbye to the gaming industry, as the MFSA oversees all financial services in Malta, including credit institutions, financial and electronic money institutions, securities and investment services, insurance as well as consumer education and consumer protection.

The Times of Malta further claimed that Cuschieri’s longtime lieutenant Heathcliff Farrugia was the likely pick to head up the MGA, while Malta Investment Management Company LTD chairman Adrian Said would likely become the MGA’s new non-executive chairman.