News

In a press conference on Thursday 17th September 2020, Minister for Transport, Infrastructure and Capital Projects Ian Borg and Parliamentary Secretary for Lands and Construction Chris Agius announced a new...

The Malta Financial Services Authority (‘MFSA’) published a Guidance Note on the submission of the Source of Wealth and Source of Funds on 18th September 2020. The Guidance Note provides detailed instructions on...

Bill no.162, ‘An Act to amend the Company Service Providers Act, Cap.529, and to provide for matters ancillary or incidental thereto’, was given its second reading by Parliament on the...

The Malta Business Registry (MBR) has issued a notice clarifying that electronic signatures may be used when submitting documents to the Registrar of Companies in accordance with Regulation (EU) No 910/2014 of...

MFSA issues Circular to the Industry on Brexit Readiness The Malta Financial Services Authority (‘MFSA’) has issued a circular addressed to licensed insurance, investments and credit and financial institutions providing guidance on...

The Malta Business Registry (‘MBR’) launched its strategic plan for 2020-2025 on the 7th October 2020. The MBR intends to bring customers, its management and workforce in line with its strategic plan within...

Through Bill number 128, the Parliament of Malta issued a bill named “Companies (Amendment) Bill”. The Bill’s objects and reasons are quoted as being ones to “affect amendments to the...

Purpose of the Bill On the 16th of March 2020, the Parliamentary Secretary for Lands and Construction announced that a bill, proposed to be named the “Real Estate Agents, Property Brokers...

The Malta Financial Services Authority (‘MFSA’) published a circular on the 21st March 2020 extending certain reporting deadlines due to the COVID-19 pandemic. While the MFSA encourages firms to have adequate...

Introduction  The Malta Financial Services Authority (MFSA) published a document on ‘Supervision Risks Identified, Weaknesses and Expected Controls’, which outlines the risks posed by authorized firms, certain weaknesses exhibited in their operation...