Topic: Malta

Insights

New Arbiter for Financial Services

Launched a little over a year ago the office of the Financial Services Arbiter is designed to be a space where consumers may lodge complaints in respect of the conduct of financial services providers. The decisions made by the Financial Services Arbiter are binding, placing this office above the Malta...

New OECD measures: an opportunity for Malta?

Following recent media scandals, the OECD has intensified its recent work to lay down new international standards to tackle tax evasion and tax avoidance amongst others. The OECD has estimated that €90 to €210 billion Euros are being lost every year through tax avoidance. There are currently 15 base erosion...

The Apple ruling and its relevance to the Maltese tax regime

In a recent State aid ruling delivered by the European Commission’s competition department, Apple Inc., a multinational consumer electronics company, was ordered to pay €13 billion (plus interest) to the Irish Government in the form of retroactive tax payments. Commenting on the Commission’s ruling, Competition Commissioner Margrethe Vestager argued that:...

Malta ranked at the top of the EU Scoreboard

The European Commission has once again ranked Malta among the top 5 European Union Member States, according to the latest Competitiveness scoreboard published on Thursday 29th September 2016.In particular, Commissioner for the Internal Market, Industry, Entrepreneurship and SMEs Ezbieta Bienkowska noted how Malta ranked with the top 5 Member States...

Debt Collection in Malta

The economic fallout of the recent pandemic has brought about a surge in debt collection claims. The sudden pressure on income for certain businesses necessitates the frugal management of cash flow, to the extent that directors may find themselves in the unenviable position of having to prioritise payments to certain...

Copyright in the Digital Age

Muscat Mizzi Advocates is proud to have assisted the National Book Council (Malta) in drafting a proposed bill to amend the Copyright Act.The draft intends to update the Copyright Act in order to bring it in line with modern realities of the cultural industry; by transposing the EU’s Directive on...

MFSA launches Fintech Regulatory Sandbox

The Malta Financial Services Authority (MFSA) has introduced its FinTech Regulatory Sandbox, which provides a controlled regulatory environment where FinTech operators may test their innovations within the financial services sector under prescribed conditions. The FinTech Regulatory Sandbox was launched during a press conference held on the 22nd of July, 2020....

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