MFSA Webinar – The New Company Service Providers Regime

We have received the below circular from the MFSA which we are circulating for all those of you who may wish to participate:

Reference is made to the Company Service Providers (Amendment) Act (Act No. L of 2020), and the publication of Legal Notice 96 of 2021 which brought into force these amendments to the Company Service Providers Act, 2013 (CSP Act). A website page dedicated to the New CSP regime has been created in order to make an assessment on the authorisation requirements under the CSP Act.
In the light of the above, we are pleased to inform you that the Authority is organising a series of webinars addressed to all professionals and practitioners whose activity will now fall under the scope of the new regulatory environment.

During the webinars, MFSA officials will delve into the details of the reform and will provide all the necessary information about the new authorisation process affecting all warranted professionals and other individuals who were exempt in terms of the Company Service Providers Act as issued in 2013. Moreover, the webinars are a good opportunity to discuss further the context and the necessity of this reform as well as the general benefit for the industry, the clients and the Maltese jurisdiction.

The two webinars will take place on 15 April 2021 at 1000hrs and 1400hrs and will be broadcast through Microsoft Teams. Both sessions will have the same content and will be organised to meet the industry’s flexibility requirements. A certificate of attendance will be issued to all attendees who have joined the webinar with their personal details. Guidelines to set up a Microsoft account to join the live event are available in the registration page.