Finance Malta

In the intricate world of wealth management, Family Offices play a pivotal role in overseeing and growing the assets of High-Net-Worth Individuals (HNWI). As wealth and asset management become increasingly sophisticated, the adoption of cutting-edge technology is crucial for preserving and growing the family’s legacy. This article highlights the benefits of Family Office Software for Single and Multi-Family Offices, exploring how its advanced technology can significantly contribute to the growth…

Every business must make sure that its growth prospects are clear and that the resources needed to achieve these goals are readily available. However, the increasing uncertainty in the market environment may hinder businesses’ ability to secure financing, ultimately affecting their capacity to implement certain strategies. These uncertainties are particularly worrying for some firms. Recognising this, the Maltese Government, with support from the European Union, has emphasised the importance of…

Setting up as a self-employed individual can have several benefits. Some general advantages are the flexibility this setup offer. Being self-employed often allows for greater flexibility in terms of working hours and locations. You have more control over your schedule, which can be particularly beneficial for those who prefer a non-traditional work structure. As a self-employed individual, you are your own boss. This independence allows you to make decisions without…

The case Catherine Buhagiar u Frank Buhagiar (the “Plaintiffs”) vs. Claudio Caruana u Josephine Caruana għal kull interess li jista’ jkollha (the “Defendants”) was brought before the Court of Appeal (the “Court”) on the 12 July 2023, and was presided over by Prim Imhallef Mark Chetcuti, Imhallef Christian Falzon Scerri and Imhallef Josette Demicoli. This judgement examines the essential elements in order for fraudulent trading to subsist. Through the submission…

You met a great candidate, and you are really excited to possibly bring them on the team, so you make them an offer. But... They turned down your offer. You are wondering what went wrong and eventually, you might even tell yourself: “ It wasn’t meant to be”. The recruitment process has a lot of moving parts and a good chunk of those are not in our control: such as…

On March 2, 2023, the European Union’s Court of Justice (CJEU) affirmed the legitimacy of penalties and administrative actions levied by the Financial and Capital Market Commission (FKTK) against PrivatBank to mitigate potential involvement in money laundering and terrorist financing. PrivatBank, based in Latvia, has shareholders A and B, both Cypriot nationals, and Unimain Holdings, a Cypriot company. These shareholders are also PrivatBank’s customers. The FKTK, which is the Central…

Economic operators play a vital role in ensuring that the sanctions regime is effective. Non-compliance with the sanctions regime by economic operators will dilute the effectiveness of the sanctions being imposed by the EU, the UN or other competent authorities. It is therefore key that the appropriate measures are adopted by economic operators in order to mitigate and manage sanctions evasion and circumvention risks. Circumvention is the practice through which…

Interestingly we see a transformative shift of institutional investors towards ESG investing in private markets, highlighting its rise, the demand for enhanced reporting, and the potential for a sustainable future. According to a report published by PwC Luxembourg, titled ‘GPs’ Global ESG Strategies: Disclosure Standards, Data Requirements & Strategic Options‘, institutional investors are transforming their investment philosophy as they increasingly prioritise environmental, social and governance (ESG) considerations. As the momentum behind…