The Commissioner for Revenue would like to notify that further to its communication dated 29th November 2021 being the online extension deadline for the year of assessment 2021 income tax returns, any penalties incurred for the year of assessment 2021 income tax returns which were...
We would like to draw your attention to the Government Notice setting out guidelines for the application of compromise arrangements (in lieu of criminal prosecution) in terms of the VAT Act....
The Financial Intelligence Analysis Unit (FIAU) would like to bring to the attention of subject persons operating within the Virtual Financial Asset (VFA) sector and those dealing with the same, that following the first publication in 2019, the Financial Action Task Force (FATF) has updated...
The IFSP has been informed by the Financial Intelligence Analysis Unit (FIAU) that a newly dedicated portal dealing with the Cash Restriction policy has been created on the its website. On this portal, subject persons may find a list of Frequently Asked Questions (FAQs) on...
The Commissioner for Revenue has notified the IFSP that the tax payment deadline of eighteen (18) months following the end of the accounting period, applicable to companies in possession of a determination under the relevant paragraphs of Article 47 of the Duty on Documents and...
In May 2021, the FIAU published a guidance paper entitled ‘‘Enforcement Factsheet: Common Observations across sectors subject to AML/CFT Supervision’. The paper sought to analyse the enforcement actions undertaken over the past two years, to provide subject persons with insights into the most common observations...
Following an IFSP query, the MFSA has clarified its expectations regarding the documents listed in section 3.6.3 of the Guidelines to the New CSP Regime Application Process. Under threshold applicants are not required to provide the documents listed in section 3.6.3 - Supporting Documentation Required at...
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...