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...
Corporate Governance Manual for Directors of...
02 October 2014
The Malta Financial Services Authority has published an updated Corporate Governance Manual for Directors of Investment Companies and Collective Investment Schemes. This revised Manual is updated with the requirements of the Alternative Investment Fund Managers Directive (2011/61/EU) and aims to increase awareness amongst Directors who are vital...