Top 5% of taxpayers responsible for one-third of all income tax paid in Malta
On the other hand, the bottom third of income earners pay just 1.7% of all income tax generated
European Central Bank sends clear climate message: ‘Progress is too slow’
Two-thirds of European banks do not have adequate plans to manage climate risks
Malta’s banking system remains resilient, says Central Bank
Pandemic-related risks to financial system remain
MFSA encourages banks to be vigilant as COVID-19 support measures are phased out
Support measures could have masked credit risk problems
MFSA to host conference on money laundering & terrorism financing
Main topic of discussion will be new EU proposals on AML and CFT
BOV faces possible Fitch credit rating downgrade
Recent changes to the way the rating agency assigns scores to banks may impact BOV
Malta Bankers’ Association’s annual conference provides insight into changes affecting the sector
Event also covered aspects relating to regulatory developments impacting the sector
MFSA doubles number of authorised company service providers
Application process reformed following Moneyval recommendations
Malta loses €316 million to tax abuse – report
Almost $500bn ‘lost to tax abuse by firms and super-rich in 2021’
Crowdfunding for businesses now easier after MFSA launches new regulations
Businesses had previously faced high compliance and operational costs
FinanceMalta resumes face-to-face international events program
The group promoted Malta at events in London, Zurich and Dubai
Central Bank’s Business Conditions Index shows economy slowly recovering from COVID-19
Increase in GDP and employment rates compared to same period last year
Malta’s banking association would welcome more specialised players into the market
...on condition that a level playing field is maintained
Factor climate change risks into your plans, MFSA reminds banks
Banks should take action now to avoid future costs and disruption, it says
Is it time to increase Malta’s minimum wage? As UK takes the plunge, local economists are divided
BusinessNow.mt reaches out to two economists to discuss Malta's minimum wage, and ask whether it should be raised
MFSA marks three years since the launch of the ‘ground-breaking’ VFA Framework
Since its launch, the MFSA has registered 23 agents, two whitepapers and authorised 15 VFA service providers