Major upheavals set to take place at the MFSA.
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Major upheavals set to take place at the MFSA.

An Independent Registry of Companies. Par­lia­men­tary Sec­re­tary Sil­vio Schem­bri recent­ly announced that the Reg­istry of Com­pa­nies will become a sep­a­rate enti­ty and no longer fall under the aus­pices and direc­tion of the MFSA [Mal­ta Finan­cial Ser­vices Author­i­ty]. The offi­cial rea­son quot­ed was in order to help the Author­i­ty focus sole­ly on its reg­u­la­to­ry func­tions. Will...

Malta’s Prime Minister Muscat Defends The Finance Industry
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Malta’s Prime Minister Muscat Defends The Finance Industry

Muscat speaks out “We are con­fi­dent of our sys­tem, which is sol­id, trans­par­ent and ful­ly com­pli­ant.” So we should be forth­com­ing and engage with those over­seas and with our crit­ics. ” These are the words with which Mus­cat addressed his audi­ence at a sem­i­nar for finan­cial ser­vice providers. Even in the face of heavy head­wind...

The Case of Galizia- Malta’s Murdered Journalist
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The Case of Galizia- Malta’s Murdered Journalist

Malta gains world-wide media attention It’s not very often that Mal­ta gets atten­tion from the Inter­na­tion­al Media. At first glance, the Ice­land, which became a part of the EU in 2004, looks too small to be rel­e­vant to the rest of the world. Daphne Caru­a­na Gal­izia on Octo­ber 16, 2017, Mal­ta’s pop­u­lar­i­ty in the news...

New Car Sharing System in Malta Provides Hope
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New Car Sharing System in Malta Provides Hope

How often have I report­ed on the atroc­i­ty of con­gest­ed roads in Mal­ta? Demand­ed change to the trans­port sys­tem on the island? More than a few times. I have recent­ly caught on to a small but impor­tant change on the hori­zon. A new car shar­ing com­pa­ny has gone onto the mar­ket. With a fleet of...

Arrests in Malta After Murder of Journalist Galizia
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Arrests in Malta After Murder of Journalist Galizia

The recent mur­der of jour­nal­ist Daphne Caru­a­na Gal­izia in mid-Octo­ber caused great uproar through­out the whole of Mal­ta and the rest of Europe. A bomb strapped under­neath her car was the source of the hor­rif­ic explo­sion that took her life. The blog­ger caused quite the stir fol­low­ing her reports about bribery, tax eva­sion, cor­rup­tion and...

Pana-Report Confirmed: Malta is No Tax Haven
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Pana-Report Confirmed: Malta is No Tax Haven

Any­one in the tax indus­try in Mal­ta will have become increas­ing­ly famil­iar with the term ‘tax haven.” Tax havens were wide­ly report­ed on by the media this year, so much so that the crim­i­nal machi­na­tions of a num­ber of busi­ness own­ers have been exposed to the pub­lic. Some of these had actu­al­ly com­mis­sioned the oper­a­tion of...

Malta Listed Under Lonely Planet’s Top 10 Travel Destinations of 2018
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Malta Listed Under Lonely Planet’s Top 10 Travel Destinations of 2018

Haven’t yet figured out your next travel destination? That’s okay, because nei­ther have we. We don’t need to because we’re already there! Why is Mal­ta the next best place for you to vis­it? It’s not just our opin­ion that you should come to Mal­ta, but also the val­ued opin­ion of Lone­ly Plan­et. Every year their...

Why Is Online Shopping Such A Pain In Malta?
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Why Is Online Shopping Such A Pain In Malta?

Christmas time is shopping time! Christ­mas is around the cor­ner! My friends in Ger­many are already pile-dri­ving their way through online shop­ping, and in the mean­time, I must sneak out of work to dri­ve to Tigne Point after work. I might make it to anoth­er shop­ping mall after that (of which there aren’t many over...

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3 American bestseller authors invited to Malta

The Mal­ta Tourism Author­i­ty invit­ed three well-known Amer­i­can best­seller authors to vis­it the islands in order to pro­mote Mal­ta as a trav­el des­ti­na­tion to the Amer­i­can mar­ket. The three authors are Gra­ham Brown, Chris Kuzne­s­ki and Boyd Mor­ri­son, and they are cur­rent­ly explor­ing the sights of Mal­ta. On Sat­ur­day, the 27th 11am, they will attend...

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Common Reporting Standard will come into effect in January 2016

The Com­mon Report­ing Stan­dard (CRS) is a mul­ti­lat­er­al agree­ment that was signed by 50 juris­dic­tions in Octo­ber last year in Berlin. The main aim of the agree­ment is the auto­mat­ic exchange of finan­cial infor­ma­tion to pre­vent tax eva­sion and fraud. The sign­ing juris­dic­tions will adopt the CRS from 1 Jan­u­ary 2016. The new reg­u­la­tions require...