Global minimum corporate tax: Clyde Caruana wants Malta’s concerns to be heard

January 19, 2022
by Helena Grech

He spoke during a European Council ECOFIN meeting

Joseph Caruana to replace Marvin Gaerty as Commissioner for Revenue

January 18, 2022
by Robert Fenech

The change comes as the Government redoubles its efforts to clamp down on tax cheats

Maltese investment fund industry sees massive growth despite reputational uncertainty

January 12, 2022
by Robert Fenech

Net assets held in Malta-registered funds grew by 23.4% in the first half of 2021

Bolt announces largest-ever funding round of €628 million

January 12, 2022
by Matthew Bonanno

Part of funding will be used to expands operations in Malta

Institute of Financial Service Practitioners launches course for corporate service providers

January 5, 2022
by Matthew Bonanno

'Anyone providing CSP services must be knowledgeable about the industry and thoroughly versed in best practices,' says IFSP President

Banking: Cash deposits may take three days to clear while cheque clearing extended to six days

January 4, 2022
by Helena Grech

New rules came into force to give local banks leeway as COVID disruptions bite

Compliance: from challenge to business enabler

December 30, 2021
by BN Writer

United explains how it supports companies pursuing goals in an increasingly demanding compliance landscape

On 10th December, the Malta Financial Services Authority fined 15 companies a total of €44,575

December 28, 2021
by Helena Grech

This Christmas Eve, it slapped Insignia cards with a whopping €142,000 fine

Bank of Valletta to close overseas representative bank network

December 28, 2021
by Solomon Cefai

The network consists of three branches in London, Milan, and Brussels

Maltese investment funds would cope well under stressed market conditions, says MFSA

December 20, 2021
by Matthew Bonanno

Financial regulator sampled 64 retail investment funds worth €2.7 billion

FIAU slaps BOV with €2.6 million fine for lax information collection

December 17, 2021
by Robert Fenech

'Bank of Valletta was essentially unaware whom it was ultimately servicing'

‘We have no wish to damage businesses or the economy,’ says FIAU amid concerns of heavyhandedness

December 17, 2021
by Matthew Bonanno

Agency says light slaps on the wrist are a thing of the past

Bank Of Valletta to close St Julian’s branch as of 1st January 2022

December 15, 2021
by Helena Grech

It cited a lack of customers requiring in-person services and the proximity of other branches

MFSA adds sustainable finance to official 2022 supervisory priorities

December 15, 2021
by Helena Grech

It has also established two horizontal priorities: monitoring impacts of COVID-19 & conduct of business – consumer protection

Malta’s Sparkasse Bank gains approval to provide custodian services for retirement pension schemes

December 15, 2021
by Helena Grech

It is a local market leader in custody and depositary services