The Commissioner for Revenue would like to notify you that the facility to upload and submit the income tax return and the supplemental document for Year of Assessment 2022 required to be filed by a principal taxpayer in respect of a fiscal unit is now...
Commissioned by the Institute of Financial Services Practitioners, the Malta Institute of Accountants and the Malta Institute of Taxation, the report offers a critical snapshot of the industry A new report outlines the significant contribution of Malta’s services sector to the national economy. Jointly commissioned by the...
Malta’s removal from the greylist means revitalising the jurisdiction can begin The Institute of Financial Services Providers (IFSP) welcomes the news that the FATF Plenary Meeting in Berlin voted to remove Malta from the list of jurisdictions subject to increased monitoring. Malta spent just under a...
The Commissioner for Revenue notifies that the facility to submit the income tax return for Year of Assessment 2022 is now available on their online services. The Commissioner for Revenue also notifies that a new version of the YA2022 company tax return (version 1.2) was made...
Malta was voted off the Financial Action Task Force grey list on Wednesday, one year after first being labelled an untrustworthy financial jurisdiction by the global watchdog. The FATF vote is secret and a formal announcement of that decision will only be made at the end...
The European Central Bank on Thursday said it would raise interest rates for the first time in over a decade next month to combat runaway inflation, bringing the curtain down on the eurozone's era of cheap money. ECB governors, exceptionally meeting in Amsterdam instead of Frankfurt,...
Global financial crime watchdog the Financial Action Task Force (FATF) has announced a set of new standards with the aim of making its next round of country assessments “more timely, risk-based and effective.” It has also agreed in-principle to start this next round of evaluations in...
Held on April 7 at the Xara Lodge – with some delegates also joining virtually – the IFSP 2022 Conference brought together industry practitioners to discuss the way forward for financial services in Malta. The conference, titled Revitalising Financial Services – Mapping a Sustainable Path for...
The 2022 IFSP Conference highlighted the industry’s economic contribution and encouraged unity towards a sustainable future for financial services The Institute of Financial Services Practitioners (IFSP) hosted its highly-anticipated Annual Conference on April 7, to continue its mission as ‘the voice of the financial services industry...
One of the main topics about which the Financial Intelligence Analysis Unit (FIAU) receives questions is that of the Money Laundering Reporting Officer (MLRO). In replying to these questions, the FIAU has gained insight into how certain requirements raise difficulties and it has been required...