In pursuit of a common goal of safeguarding the Maltese financial sector, gaming sector, and other sectors and professions from being misused for criminal purposes, the FIAU would like to bring to the attention of all subject persons a notification which has just been issued...
Malta has passed the MONEYVAL test. The first enhanced follow-up report, dated April 2021, has found that Malta has made sufficient progress to be assessed as no longer non-compliant. The next step is the FATF opinion, expected at the end of June or early July. MONEYVAL...
The Registrar of Companies would like to bring to the attention of the Company Service Providers and the general public the recent amendments that took place in the Company Service Providers Act and how this will impact on the operations of the Malta Business Registry...
Below please find two guidance notes that were issued by the MBR and the relevant contact details: Guidelines on High Risk Jurisdictions https://mbr.mt/wp-content/uploads/2021/05/High-Risk-Jurisdictions.pdf Contact Email: compliance.mbr@mbr.mt Guidance Notes on the Registration of Foundations and Associations https://mbr.mt/wp-content/uploads/2021/05/FAQs-Foundations-and-Associations.pdf Contact Email: foundations.associations@mbr.mt...
The Financial Intelligence Analysis Unit (FIAU) would like to bring to the attention of subject persons and interested parties the publication in the Government Gazette of Legal Notice 199 of 2021. This legal notice, which was issued on 30 April 2021, introduces a series of...
The Malta Financial Services Authority has issued a Circular titled: Deadline for the Submission of Applications for Authorisation as a Company Service Provider. Click here to download the circular...
The Office of the Commissioner for Revenue has informed the IFSP that the facility to upload and submit the income tax return and the supplemental document for Year of Assessment 2020 required to be filed by a principal taxpayer in respect of a fiscal unit is...
The Office of the Commissioner for Revenue has informed the IFSP that, due to the continued exceptional circumstances brought about by the COVID-19 pandemic that have created a challenging environment, an extension for the submission of the report containing Financial Account information relating to Reporting...
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...
Register of Beneficial Owners and trusts Applies to all trusts from 10 March 2020 11 February 2020 The IFSP and STEP Malta have been in discussion with the MFSA about the Register of Beneficial Owners (RBO) for trusts. We urge you to keep in mind that the relevant EU...