The Malta Association of Credit Management, known as MACM, is a members-owned, not-for-profit organisation, providing a central national organisation for the promotion and protection of all credit interests pertaining to Maltese businesses.
The Malta Association of Credit Management (MACM) was set up in June 2001 following a number of bankruptcies in the retail sector, a slowing down of payments by customers in all areas of the economy, and a large number of dishonoured cheques being faced by manufacturers, wholesalers, distributors and retailers in the Maltese business arena.
MACM is a legal entity by its own Statute and is a registered Legal Person under the second schedule of the Civil Code Chapter 16 of the Laws of Malta. MACM is a members-owned, not-for-profit organisation, and is made up of Maltese organisations hailing from different sectors of the Maltese economy.
Today, MACM represents a substantial share of the economy. The major players of the various Maltese industries are members of MACM.
The Mission of MACM is achieved by a number of actions, including:
In a meeting held in Oslo, Norway, on the 16 May 2003, MACM has applied for membership with FECMA – Federation of European Credit Management Associations, which request was approved unanimously by all the twelve national association members at the time...
FECMA is organising high quality webinars addressing cash flow and credit management matters in the current European scenario. The scope of these webinars is to inform and discuss the current business and economic environment and to assist businesses to manage cash flow and credit effectively and profitably during time of recovery.Read More
This webinar will address challenges faced by the Maltese business community when using current payment instruments, such as cash, cheques, credit transfers, and direct debit. Innovative payment instruments that have been recently developed for use in business transactions will also be discussed.Read More
Josef was involved in the setting up of the Malta Association of Credit Management (MACM – www.macm.org.mt) and has been administering the Association since its establishment in June 2001.
MACM provides a central national organisation for the promotion and protection of all credit interests pertaining to Maltese businesses. He was later appointed Director General of MACM.
Josef has been a member of the Council of FECMA - Federation of European Credit Management Associations (www.fecma.eu), representing the Maltese trade creditors in this European forum, since MACM joined FECMA in May 2003.
He is an active council member and after twelve years occupying the role of FECMA Vice President, Josef was elected President of FECMA in 2016 and reconfirmed President in 2018.
Josef has sixteen years of experience in the Financial Services Sector, starting his career as a bank official and later joined a leading Maltese financial services company, specialising in financial advise. He is also a qualified financial advisor.
Josef read Marketing obtaining a Post Graduate Diploma of The Chartered Institute of Marketing (UK), and later became a Member of the Institute, followed by a Masters in Business Administration - Henley Management College (UK), focusing his thesis on ‘Granting and Managing Trade Credit’.
In recognition to his work in the field of credit management, both in Malta and in Europe, the Chartered Institute of Credit Management - CICM of the UK awarded him with Honorary Fellowship. Josef is an intuitive lecturer, speaker and coach, specialising in trade credit management strategies and cash collection tactics that enable business organisations gain and sustain competitive advantage in the market, whilst ensuring sound cash flow and long-term profit.
He lectures Advanced Credit Management and Business Studies at MACM Training Centre - The accredited Teaching Centre of The Chartered Institute of Credit Management (UK) for Malta.
He delivers in-house training for firms and workshops for organised groups worldwide.
Josef has also contributed to a number of international business workshops, seminars and leading conferences organised by highly reputable international organisations and institutions, such as The European Commission of the European Union and reputable International Business Schools, in a number of countries, including Antwerp, Berlin, Bucharest, Dubai, Dublin, Johannesburg, Kuala Lumpur, London, Madrid, Malta, Mexico City, Moscow, Paris, and Vilnius. Josef is a regular contributor of business articles to the international business press.