European Single Electronic Format (ESEF) – ESMA Reports European Securities and Markets Authority (ESMA) has published an example of an Annual Report in ESEF, also explained by the circular issued on 25th of June by the Malta Financial Services Authority (MFSA). If you wish to know how an Annual Report in ESEF shall look like, […]
The Commissioner for Revenue notifies that a new online income tax return has been launched. In order to file the return, log into MyTax Services using your e-ID and benefit from a deadline extension until the 31 August 2020. For more information, click here.
ESG stands for Environmental, Social and corporate Governance. This acronym refers to the three main factors in measuring the sustainability and societal impact of an investment in a company which help to better determine the return and risks of companies as well as the ESG rating that shall further promote your business to investors. Read […]
The IFAC PAIB Committee encompasses volunteers with experience and expertise in the world of business and the public sector, members are nominated by the professional accountancy organisations that make up IFAC’s membership. The committee is made up of 18 members from all over the world, each one being from a different country. The main aim of the […]
The IFAC PAIB Committee encompasses volunteers with experience and expertise in the world of business and the public sector, members are nominated by the professional accountancy organisations that make up IFAC’s membership. The committee is made up of 18 members from all over the world, each one being from a different country. The main aim of the […]
Due to the COVID-19 outbreak the Malta Institute of Accountants (MIA) had to act fast to switch from face to face training sessions to online ones. This appeared to be a challenge but also an opportunity for tutors. The MIA got in touch with Rachel Falzon, one of the tutors who previously gave face to […]
The Malta Financial Services Authority (MFSA) has issued a Circular on the Amendments in relation to Chapter 1 and Chapter 2 of the Insurance Business Rules issued under the Insurance Business Act (Cap. 403 of the Laws of Malta) – Refer to Link for more details.
MGA publishes amendments to its Sandbox Regulatory Framework Last week the Malta Gaming Authority has issued amendments to its Sandbox Regulatory Framework published here. The MGA also reminds authorised persons that ‘an approval to participate in the Sandbox Regulatory Framework is conditional on the applicant holding the relevant licence issued by the MGA, without prejudice […]
The Commissioner for Revenue has issued a notice stating that the Guidelines in relation to the Tax Consolidation (Income Tax) Rules have been updated on the CfR website. Changes have been made to paragraphs (i) and (vi) of the Guidelines. The updated guidelines are available here: Updated Guidelines in relation to the Tax Consolidation (Income […]
On 1 June, the Malta Financial Services Authority (MFSA) issued a release highlighting that the MFSA and the Accountancy Board, which regulates the accountancy profession, have entered into a Memorandum of Understanding (MoU). This establishes a framework for co-operation, mutual assistance and exchange of information between the two entities. The MoU was signed by Joseph […]