It was recently announced by the Parliamentary Secretary of Malta that a revised Citizenship by investment Programme will be replacing the current Malta Individual Investor Programme. As the capping of 1800 nearly reaches its mark, completed applications will have up to the 30th September before ceasing to exist. Following various [...]
The outbreak of COVID-19 was a global pandemic that shook the very core of ‘business as normal’ - leaving many companies on life support. This unprecedented halt has caused quite a stir in the business world; leaving industries without a back up plan or creative adaptation to the crisis unable [...]
A number of measures have been announced to counteract the negative economic impact of the COVID-19 pandemic. These measures have a value of around €1.8bn, which represents around 12.9% of Malta’s Gross Domestic Product (GDP) in 2019. A summary of the announced measures is set out below. Business and employment [...]
CSA Group would like to inform our esteemed clientele that in view of the COVID-19 situation, we shall be implementing the following new measures. The health and safety of our employees and customers remains our top priority and as such until further notice, no meetings with third parties will be [...]
The COVID-19 pandemic has taken the world by storm. The likely consequences on the Maltese economy cannot be overlooked and amongst the sectors particularly at risk are the hospitality and related industries most directly impacted by shifts in tourism. To date, two of Malta’s leading banks have launched programmes to [...]
DAC6 was implemented into Maltese law on 17 December 2019 through Legal Notice 342 of 2019. DAC 6 can trace its roots back to the OECD 2015 Action 12 Final Report, which provided a set of recommendations for the design of mandatory disclosure rules (MDR). Transparency is one of the [...]
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