The financial services industry has been one of the main driving forces behind Malta’s economic success over the past 15 years and it is without a doubt that Malta’s European Union membership has been a major role player within this success story. Malta’s full EU membership ensures that the island is adequately equipped to provide […]
2019 is a year of many uncertainties in terms of UK & European politics. With no perceived outcome to the ever-broiling Brexit saga, this is certainly a disrupting factor which is now being placed on the radar of many financial services industry players.Whilst many may be still holding onto a silver lining that Brexit may […]
In 2016 the European Central Bank (“ECB”) discussed the use of digitisation and new technologies and how such may affect the banking systems of tomorrow. The ECB reflected on the utilisation of Distributed Ledger Technologies (“DLT”), their potential impact in improving credit institutions internal efficiencies, the possibility of a critical core of market players making […]
The Malta Gaming Authority (MGA) and the Spelinspektionen (the Swedish Gambling Authority) have entered into a Memorandum of Understanding (MoU) for the purposes of enhanced cooperation between the two authorities in furtherance of the authorities’ public policy objectives and mutually common values. The aim of this MoU is to facilitate on-going close communications between the […]
On 4 January 2019, the FIAU issued a guidance document for Subject Persons regarding the compilation of the Anti-Money Laundering and Countering the Financing of Terrorism Risk Evaluation Questionnaire (REQs). The Guidance Document explained the content of the REQs and made reference to the automated data collection tool which will be used to collect the […]
Further to our Summer update in relation to employment law matters (that is the four Legal Notices which were published to serve as amendments to: Annual Leave National Standard Order (LN 271/20180, Itemised Payslip Regulations (LN 274/2018), Transfer of Business (Protection of Employment) Regulations (SL.452.85) and Temporary Agency Workers Regulations (SL.452.106), and their subsequent suspension) […]
The yachting industry has been an ever growing industry in Malta for these past years. The first quarter of 2019 has seen the publication of the new Guidelines issued by the Commissioner for Revenue in relation to the place of supply of the leasing of pleasure yachts and the overall VAT incurred on the leasing […]
CSB Group will once again exhibit at the Global Gaming Expo Asia (G2E Asia), taking place from the 21st to the 23rd of May 2019 at The Venetian Macao China, – the heart of Asian gaming. Our iGaming team will be available at our stand D1809 for meetings and to provide expert consultancy on how […]
Just prior to the 25th of May 2018, the hype was all around the General Data Protection Regulation (“GDPR”), even though not many fully understood its implications. Considering the hefty fines that were introduced through the Regulation, everyone felt pressured to implement new policies and procedures in order to become compliant with the rules set […]
