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Accountancy turned into ‘inferior’ profession

Nexia BT's alleged wrongdoings cast 'heavy shadow'   Nexia BT partners alleged financial crime has turned accountancy into an “inferior grade” profession in the eyes of many, the president of the Malta Institute of Accountants (MIA) told its members. Writing to more than 3,500 accountants in Malta, Fabio Axisa...

MFSA begins process for authorisation of Company Service Providers

From Tuesday, the Malta Financial Services Authority (MFSA) is receiving applications for authorisation in terms of the Company Services Providers (CSP) Act. This applies to individuals and entities providing corporate services such as, the provision of directorships, company secretarial services, registered offices or incorporations, who...

IFSP welcomes publication of new CSP Rulebook

The MFSA last night, 15 March 2021, published the new Company Service Providers (CSP) Rulebook, which translates the updated CSP Act into a workable regulatory framework. CSPs requiring authorisation will be able to submit their applications to the Authority through the MFSA’s LH Portal between 16...

Malta at the Crossroads

The IFSP annual conference tackles the choices Malta faces and what they mean for both the financial services industry and the country as a whole The Institute of Financial Services Practitioners held its 2021 annual conference online on 4 and 5 March. A total of 220...

Platform for Tax Good Governance – Taxpayers’ Rights Consultation Online

We have the pleasure to inform you that the Public Consultation on the Taxpayers’ Rights is now online and you will be able to find it via this link: https://ec.europa.eu/eusurvey/runner/TaxpayersRightsRecommendation We kindly ask you to give it a large distribution among your peers, member organisations and individuals,...

IFSP Conference 2021: President’s Opening Address

Ladies and Gentlemen,   You may quite reasonably think that the title ‘Malta at the Crossroads’ is overly dramatic in an environment where we have quite enough drama in the world of public policy; but it is a reasonable ask that I should start by explaining why...

Financial Services SWOT Analysis Survey – Your Opinion Matters!

In the interests of developing a medium to long term strategy for financial services in Malta, the MFSA the IFSP, along with other actors in the Financial Services arena, has been asked to provide feedback to a set of specific questions. This is an important exercise, and one...

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