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
MFSA Financial Crime Compliance Head toasts improvements in AML/CFT control framework
AML/CFT full-scope examination capacity increased from 25 in 2019 to 81 in 2020
Barclays to repay millions to victims of Malta high interest time-share
Victims saw their credit rating destroyed as they paid exorbitant interest rates
Malta financial services sector value-added surmounts €1 billion in 2020 as MFSA reports €975k in fines
Supervisory inspections totalled 419 in the year, marking an 84% increase from 2019
MFSA invites finance and tech stakeholders to submit feedback for EU rules on digital finance
EU Digital Finance Strategy aims to protect consumers, safeguard financial stability, and ensure level playing field for digital finance developments
Plan for global corporate tax rate unlikely to affect Malta ‘for now’, say economists
‘When you lose tax sovereignty, you lose an important lever with which to govern’
COVID-19 fiscal measures estimated to account for nearly half GDP growth in 2021
The Central Bank’s outlook for the Maltese economy for 2021-2023 details several uncertainties that could affect the economy
Malta Development Bank ‘shifting gears’ to become EU funding partner
Chairman Prof. Josef Bonnici explains how the MDB is adapting to aid in Malta's economic transformation
‘New online tech makes buying crypto and stocks very easy, but that doesn’t mean you’re investing’
Crypto and online trading platforms democratise investment, but at what cost?
Malta’s foreign-owned Government debt almost doubles in three years
Almost a fifth of Government debt is owned by external agents
Banking sector must support innovation, not shore up inefficiencies, says BOV’s Chief Business Banking Officer
‘We are working hard to understand the situation on the ground to present better banking solutions’
By April 2021, Government registered a deficit of €614 million, GDP down by 0.5%
Both recurrent revenue and expenditure were found to be on the rise
WATCH: ‘Moneyval reform will continue to be strengthened in the coming weeks, months & years’
Finance Minister Clyde Caruana breaks his silence on Malta’s positive Moneyval assessment
HSBC announces plans to exit US retail banking sector
It is refocusing efforts in Asia
Pandemic trends: digital payments up by 40%, cheques down by 50%
Bank of Valletta notes ‘drastic’ move to digital business banking
Hundreds of millions in EU loans and grants reaching Malta
The disbursements follow successful social bonds issued by the EU, as well as discussions on reallocation of budget funds