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…
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…
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…
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…
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…
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…
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…
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…
When the Malta Financial Services Advisory Council launched its strategy in March 2023, the Malta Business Registry (MBR) was pleased to see that three of the five pillars on which it was based were those it had already based its own strategy on speed, simplification and specialisation. The MBR embarked…
At the end of 2022, the Financial Intelligence Analysis Unit (FIAU) launched its first-ever strategy for the period 2023-2026. Its Acting Director Alfred Zammit spoke to FinanceMalta about the most important changes that it signifies. The past 20 years have seen significant changes to Malta’s economy and, with that, the…