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A bank guarantee is an autonomous obligation

10 March 2018 A bank guarantee is intended to allow comfort for the bank to be paid for a service given. This was held in a court judgement delivered by Mr Justice Joseph Micallef in Clarosa Hotels Limited v APS Bank Limited, Bank of Valletta for any interest it may ha read more...

Efficiency and innovation in the financial services industry

15 February 2018 Efficiency and Innovation – The Way Forward for Malta’s Financial Services Industry – is the theme of this year’s annual conference of the Institute of Financial Services Providers. read more...

A changing Malta: More crowded, more foreigners, more men

15 February 2018 Malta’s population is fast approaching the half-a-million mark with new figures showing an average increase of 10,000 every year since 2013 read more...

Transport Malta and Malta Maritime Forum consolidate business relationship

15 February 2018 On January 19, under the patronage of Minister for Transport, Infrastructure and Capital Projects Ian Borg, Transport Malta and the Malta Maritime Forum consolidated their business relationship through the signing of a memorandum of understanding. read more...

MFSA Issue Discussion Paper on ICOs, Virtual Currencies and Related Service Providers

7 December 2017 Following the issuance of a Consultation Document on the Proposed Regulation of Collective Investment Schemes Investing in virtual currencies, the Malta Financial Services Authority (“MFSA”) has now issued a discussion paper on Initial Coin Offerings (“IC read more...

MALTA AMONG 11 EUROZONE COUNTRIES COMPLIANT WITH THE EU'S STABILITY AND GROWTH PACT

28 November 2017 Malta managed to lower its debt to below the 60 per cent threshold in 2016, and registered a budget surplus this year. read more...

BILL IMPLEMENTING 4TH ANTI MONEY LAUNDERING DIRECTIVE SUBMITTED TO MALTESE PARLIAMENT

7 November 2017 Like the majority of EU countries, Malta missed the previously set 26th June deadline to implement the 4th Anti Money Laundering Directive read more...

New video of lawyers in malta portal!

1 November 2017 In order to summarize our efforts with lawyersinmalta.com we have just launched a new video that gives a comprehensive view of the Malta legal portal. read more...

MFSA ISSUE CONSULTATION DOCUMENT ON PROPOSED REGULATION OF COLLECTIVE INVESTMENT SCHEMES INVESTING IN VIRTUAL CURRENCIES.

25 October 2017 The Malta Financial Services Authority (“MFSA”) has launched a consultation process on a proposed regulatory framework for collective investment schemes investing in virtual currencies. This is part of the Maltese Government’s roadmap to implement its ‘Na read more...

AMENDMENTS TO THE COMPETITION ACT: NEW PENALTIES

23 October 2017 On the 13th October 2017 amendments to the Competition Act were made by means of Act XXV of 2017 (“Amendment Act”). These amendments strengthened the action for damages for a breach of Competition Law under Maltese law and EU law. read more...

Harness and proactively regulate disruptive digital innovations

20 June 2017 The Prime Minister told the EU’s digital assembly that Europe must not be afraid to become the blockchain and bitcoin continent read more...

Google launches Street View in Malta

20 June 2017 Google launched the Google Street View service in Malta, where people across the world will now be able to take a virtual tour of Malta, thanks to the images taken by 360-degree camera, at the same time benefitting from new opportunities to better plan th read more...

HSBC introduces new debit and credit cards for businesses

20 June 2017 HSBC Malta is offering businesses a new portfolio of business cards, in support of their contribution as drivers of the economy read more...

Companies should be free to choose electricity source

24 May 2017 The Malta Chamber of Commerce, Enterprise and Industry has called for businesses to be allowed to purchase their own energy from the existing available sources. read more...

Inflation down to 1.44% in April

24 May 2017 In April 2017, the annual rate of inflation as measured by the Retail Price Index (RPI) decreased to 1.44 per cent, from 1.52 per cent registered in March 2017. read more...

Malta Stock Exchange in discussions with Thomson Reuters

24 May 2017 Finance minister welcomes news that multinationals such as Thomson Reuters view Malta as a reputable country from where to operate read more...

December 2016 sees Malta welcome 24,000 more tourists than previous year

1 February 2017 The total number tourist who came to Malta last December was estimated to be 96,395, marking an increase of 32.8% when compared to 2015, according to the National Statistics Office read more...

Third-country nationals to get faster VAT refunds through new agreement

1 February 2017 Finance ministry signs agreement with Fintrax group for improved VAT refund service for non-EU nationals read more...

Gaming authority greenlights Malta licence for US fantasy sports giant

1 February 2017 Fantasy sports provider Draftkings has been granted a controlled skill games license by the Malta Gaming Authority, paving the way for European expansion read more...

Further investment in innovation can take Gozo’s economy to the next level

4 August 2016 "Investing in innovation can help Gozo tackle the challenges it faces due to double insularity," MEP Miriam Dalli said during a meeting with Gozitan entrepreneurs who are investing €12 million in developing a complex for tourism purposes. read more...

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