Malta: The Malta Digital Innovation Authority was officially established during the Delta Summit, a gathering of innovators, entrepreneurs, academics, and regulatory bodies under one roof. The authority, spearheaded by …
CITIZENSHIP: The European Commission’s Justice Commissioner has warned that EU Member States need to be more cautious when granting citizenship in exchange for investment. Such ‘golden passports’ schemes represent an ‘extremely concerning’ security threat, Vera Jourova said.
SWITZERLAND: The organisation that runs the Swiss stock exchange will next year launch a trading platform offering integrated end-to-end trading, settlement and custody services for digital assets such as virtual currencies. The regulated exchange will host all elements of …
EUROPE: The European Commission’s Justice Commissioner Vera Jourova has criticised the ‘slow and unsatisfactory’ transposition of the EU Fourth Anti-Money Laundering Directive into Member States’ national law. The transposition deadline expired more than a year ago, and …
On the 22nd May 2018, two new legal notices concerning VAT matters were published, to enact VAT regulations announced by the Minister for Finance in the 2018 Budget.
VAT Grouping – The salient points of the legal notice entitled “Value Added Tax (Registration as a Single Taxable Person) Regulations …
The General Data Protection Regulation (GDPR) has dramatically changed the data protection landscape for EU businesses and citizens when it came into effect on May 25, 2018. This new regulation has superseded the Data Protection Act (DPA) of 1998 and has strengthened data privacy in the EU. Personal data held by …
EUROPE: The European Commission’s proposed EU-wide regulation on cross-border freezing and confiscation of assets has been confirmed by Member States’ governments.
The ECOFIN Counci, on 13/03/18, agreed on a Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation implementing mandatory automatic exchange of information in relation to reportable cross-border arrangements in order to disclose potentially aggressive tax planning …
IRELAND: The Dublin government has commissioned an independent review of its plans to introduce a vacant residential property tax, as mandated by Finance Act 2017. At the same time it is inviting comments from …
SWITZERLAND: The Swiss federal government is seeking Parliamentary approval of its agreements to automatically exchange financial account information with Singapore and Hong Kong from Autumn 2019. It is also proposing to begin …
SPAIN: Spain’s Ministerial Order 319/2018 was issued on 21 March, requiring Spanish non-listed companies to disclose their ultimate beneficial owners to …
SWITZERLAND: The Swiss authorities have charged three Germans with industrial espionage and violating bank secrecy, alleging the suspects passed Swiss …
VIRTUAL CURRENCIES: The Bank of England has become the latest of many financial institutions to demand closer regulation of the cryptocurrency sector. Th…
EU: The Bulgarian EU presidency organised an informal meeting in Sofia on 27 & 28 April, where the EU finance ministers discussed a renewed approach for …
FRANCE: French Prime Minister announced the government will publicly name people ‘guilty of the worst cases of tax fraud’, and will punish tax advisors …
Group companies or individuals are:
- registered as Auditors in Malta
- registered as Accountants in Malta
