[embed]https://www.youtube.com/watch?v=li5rkqu57-Q[/embed] The French President’s proposals on internet giants operating in Europe are not in Malta’s interests, former Prime Minister Alfred Sant said. Speaking to France 24, Dr Sant said the proposals would lead to a harmonised tax system across Europe. “I disagree with Mr Macron’s solutions – including...
In line with the Government’s policy to develop the digital economy, the Malta Financial Services Authority (“MFSA”) is considering the manner in which further rules may be introduced to ensure investor protection and market integrity in the context of investments in virtual currencies. In this context, the MFSA...
Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. Yet for all the hype, mainstream institutional investors are steering clear of the nascent...
Minister for Finance Edward Scicluna welcomed the renewed commitment of Argus Insurance Agencies to expand their operations in Malta, while addressing their staff with their business partners at an event held over the weekend. Minister Scicluna commended the company for having a majority female workforce...
There is never an easy time to launch a hedge fund. With a raft of regulatory compliance considerations, the latest – and potentially most ominous – being MiFID 2 when it comes into effect on 3 January, costs are rising. And at the same time,...
Prime Minister Joseph Muscat accompanied by Finance Malta chairman Kenneth Farrugia and Malta Enterprise CEO Mario Galea recently addressed officials from the Chamber of Commerce of Milan, Monza and Brianza. The meeting was also attended by a business delegation based in the Lombardy region who were...
In February 2016, the Malta Stock Exchange launched Prospects to offer small- and medium-sized enterprises (SMEs) an alternative source of raising finance through the capital market. Since its launch, there have been five issuers on Prospects and many investors may be questioning the difference between...
More than four in five (81 per cent) senior professionals in Malta’s financial services sector expect their companies to increase the number of employees over the next five years, research commissioned by Managing Partners Group, the international asset management group, shows. The research – 43 senior professionals...
Main driver will be company relocation to Malta A survey of 43 professionals working in Malta’s financial services industry reveals the clear majority expect the sector to enjoy strong growth over the next five years. The sector currently contributes just over 12% of Malta’s GDP, but 87%...
During a visit at the Malta Financial Services Authority, Parliamentary Secretary for Financial Services, Digital Economy and Innovation, Silvio Schembri announced that the Government was publishing a consultation document for the strengthening of the MFSA to take the financial services sector to a new level. Silvio...