FinanceMalta is the public-private initiative set up to promote Malta as an International Financial Centre.
Set up in 2007, FinanceMalta, a non-profit public-private initiative, was set up to promote Malta as an international business and financial centre within, as well as outside, Malta.
FinanceMalta brings together and harnesses the resources of the industry and government to ensure Malta maintains a modern and effective legal, regulatory and fiscal framework in which the financial services and fintech sector can continue to grow and prosper.
FinanceMalta came on the scene at a critical time, just as Malta entered the Eurozone. The financial services sector is now a major force in the country’s economy. Malta has some significant strengths to offer the industry such as a well-trained, motivated workforce; a low-cost environment; and an advantageous tax regime backed up by more than 70 double taxation agreements. To these, FinanceMalta can add a world-class information and communications technology infrastructure, English as an official language, an enviable climate and its strategic location.
To increase the visibility of Malta as an International Financial Centre, thereby enhancing business opportunities for our members by which the industry can sustain its growth traction.
The deduction system incorporated in EU VAT law has been designed to relieve businesses from the burden of the VAT payable or paid in the course of their economic activities. During this seminar we will go through the origin and the scope of right of deduction and the main principles connected therewith. In accordance with the Malta VAT Act (Chapter 406 of the Laws of Malta), every taxable person registered for VAT under article 10 shall submit a VAT Return for the purposes of reporting any transactions carried out by that taxable person during a particular VAT period.Read More
The EU Directive on whistleblower protection and procedures will come into effect late 2021. But orgainsations (as with the AML Directive) will have a requirement to ensure you are committed to lawful and ethical behavior in all of activities - and requires directors, officers and employees to act in accordance with applicable laws, and have such measures in place.Read More
Credit portfolio management is a key function for financial institutions, especially banks (but also including insurers and institutional investors), with large, multifaceted portfolios of credit, often including illiquid loans. Historically, credit portfolio management was seen as merely understanding the institution’s aggregate credit risk, improve returns on those risks and identifying and managing concentrations of risk.Read More
Rudolph Psaila is the CEO of AlleyBe Group, an independently owned Group which is engaged in the Corporate, Trust and Fintech Industry.
He started his career working for PwC Malta and PwC in the Channel Islands and during his ten-year career working in Malta and abroad, he had the opportunity to work on international, high profile assignments. In 2010, Rudolph moved to Amicorp Group where he was appointed as the Global Head of Commercial Operations and was primarily responsible for setting up and developing the Corporate, Fiduciary and the Fund Administration businesses.
Rudolph is also the Chairman of Finance Malta, Malta’s national promotion body for financial services and fintech related business. He is a fellow member of the Malta Institute of Accountants and a member of the Society of Trust and Estate Practitioners. Rudolph is a visiting lecturer at the University of Malta and acts as an examiner and tutor for dissertations related to financial services.