The FIAU has published sector-specific Implementing Procedures applicable to Company Service Providers (CSPs). These Implementing Procedures provide binding guidance on the application of the customer due diligence obligations arising from the Prevention of Money Laundering and Funding of Terrorism Regulations. All persons and entities providing such services are expected to read this document, together with […]
The Malta Financial Services Authority (MFSA) has become aware of an entity by the name of Cardinal Holdings Limited which has an internet presence at https://cardinalholdingsltd.com/. This website is using the details of a Maltese Registered Company, Cardinal Holdings Limited (C 31675), which does not offer financial services. Fraudsters are using the details of this […]
The Malta Financial Services Authority (MFSA) has become aware of an entity operating under the name of Expertzoption which has an internet presence at https://expertzoption.com/index. The entity claims that ” Expertzoption holds a Category 3 Investment Services Licence…issued by the Malta Financial Services Authority (The MFSA)” . This website is making unauthorised use and reference […]
The Malta Financial Services Authority (MFSA) has become aware of an entity operating under the name of FxTrade Gains which has an internet presence at https://www.fxtradegains.com/ . The entity claims that “it holds a Category 3 Investment Services Licence …issued by the Malta Financial Services Authority (The MFSA)”. This website is making unauthorised use and […]
The Office of the CFR is pleased to inform you that the application relative to requests for electronic tax residence certificates for companies is now available online on the CfR website (Income Tax Services Online). This online service is open to tax practitioners, (after registering with CfR as a tax representative using the CFR01 form, […]
William Spiteri Bailey, former president of the Malta Institute of Accountants is part of the IFAC Small- and Medium-Sized Practices (SMP) Advisory Group (AG). As part of the work carried out within the group, they have issued the following document. Sole practitioners make up a significant part of the accounting profession, both locally and globally. This […]
An ACT to amend the Company Service Providers Act, Cap. 529 and to provide for matters ancillary or incidental thereto was passed by Parliament as Act No. L of 2020 and published on 13 November 2020. A Consultation Document focusing on specific new areas of the proposed updated Rules for Company Service Providers was launched […]
William Spiteri Bailey, former president of the Malta Institute of Accountants is part of the IFAC Small- and Medium-Sized Practices (SMP) Advisory Group (AG). As part of the work carried out within the group, they have issued the following document. Sole practitioners make up a significant part of the accounting profession, both locally and globally. […]
In a high-level meeting between the Nationalist Party and the Institute of Accountants, the two sides discussed the seriousness of the approaching Moneyval test and the consequences of a poor result for Malta’s economy. MIA President Fabio Axisa said that country’s top priority right now is its reputation and called for political maturity across the […]
Registrations remain open for the seminar organised jointly by the IFSP, the MIT and the MIA which will see leading tax practitioners discuss the way in which the provisions of the EU’s Anti-Tax Avoidance Directive (ATAD) are being implemented in a Maltese context. John Ellul Sullivan, Craig Schembri and Steve Gingell are set to talk […]