News & Views

ECB Report Confirms Resilience of Maltese Banks

29 October 2014

130 banks located in 19 Member States participating in the Single Supervisory Mechanism (SSM), were recently assessed by the European Central Bank (ECB). The exercise was conducted by the ECB in conjunction with the national competent authorities responsible for banking supervision in these Member States, and also involved the European Banking...

Malta Committed to promote Maritime Logistics

22 October 2014

Maritime logistics has been identified by the Maltese government as one of the important clusters for development, contributing positively towards the economy and providing jobs. Following the TransLog Awards held recently, Parliamentary Secretary for Competitiveness and Economic Growth José Herrera reiterated government's commitment to the...

Malta to be excluded from Russia’s Blacklist of...

10 October 2014

The Russian Finance Ministry has drafted a decree that will exclude Malta from the blacklist of offshore jurisdictions. There are currently 41 offshore jurisdictions on the black list. The decision follows the signing of an agreement on the avoidance of dual taxation and prevention of tax evasion between the Maltese and Russian governments in...

200 Apply for Citizenship through IPP Programme

08 October 2014

Identity Malta recently announced that it is currently reviewing 200 applications for citizenship, with 30 nationalities represented among the applicants. The Individual Investor Programme (IIP) was launched by the government six months ago and is the first programme of its kind to be recognised by the European Commission. The programme is...

Malta, Cyprus and Greece in Collaboration over...

05 October 2014

During a meeting held recently in Valletta, Greece, Malta and Cyprus, the three leading flags that account for more than half of the European Union's maritime sector, have agreed to cooperate on a common strategy in the shipping sector, including pollution, labour and ports. During the meeting, which was attended by Cyprus Minister of...