News

News
The UK Parliament voted to negotiate alternative solutions with the EU surrounding the Irish Backstop in a last bid to save Brexit. With no alternative yet provided, UK Prime Minister Theresa May is set to discuss the terms of her Brexit Withdrawal Agreement with the EU, despite the EU’s remarks that they will not renegotiate.
The UK Financial Conduct Authority has informed MFSA that licensed entities currently passporting into the UK must apply for a new Temporary Permissions Regime in order to continue operating in the UK.
Dr Joseph Muscat has announced plans related to Malta and Brexit related to UK citizens living and working in Malta. UK nationals will be given them special status from voting rights, to health care and residency permits.
REITs which are companies who manage and own real estate for rental, offer the possibility to investors to purchase shares and receive dividends. REITs shall be introduced in Malta in 2019, as announced in the Malta Budget 2019
Malta’s industrial production increased by 2.6% in November 2018, compared with the previous month, the third largest increase in the EU.
In light of certain credit risks, the MFSA has issued two annexes for credit institutions surrounding connected clients the limiting of risks. The annexes came into effect the 11th of January 2019.
With Theresa May’s Brexit withdrawal agreement rejected by the British Parliament, uncertainty is higher than ever as anything from a no deal Brexit to a second referendum is on the table.
 14 Jan 2019 
The Dutch Tax Authority lost its claim to charge tax on the online poker winnings of Dutch players awarded by a gaming operator licenced in Malta.
 04 Jan 2019 
The MGA implements First Phase of its Sandbox Framework for the acceptance of Virtual Financial Assets and the use of Distributed Ledger Technology within the Gaming Industry.
 21 Dec 2018 Chetcuti Cauchi
Chetcuti Cauchi enjoyed their annual Secret Santa gathering on the 19th of December, at San Duminiku Hall. Employees gathered to exchange gifts, showcase their talents and appreciate their co-workers, by awarding them with the Extra Mile, Excellence in Service and Employee of the Year Awards.


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