Compliance Alert | Interim COREP Return

The Financial Intelligence Analysis Unit (FIAU) has issued updated Implementing Procedures Part I, introducing significant changes to beneficial ownership identification requirements and employee screening obligations. These amendments affect how subject persons must conduct due diligence on beneficial owners of trusts and legal arrangements, while also modifying the documentation requirements for employee vetting processes.

Although the smallest member of the European Union (EU), Malta is a leading European financial centre and is one of the most cost-effective onshore jurisdictions in Europe to form a company.

When a company enters court-supervised liquidation in Malta, all ongoing litigation involving that entity comes to an abrupt halt. Under the Companies Act, creditors and claimants must redirect their claims through...

A newly announced legal notice will allow those in possession of a temporary emphyteusis on a commercial premises expiring after the 31st of August, to renew their concession for an extended term.

Certain amendments to the Companies Act, introduced by virtue of Act LX of 2021 and of interest and importance to officers of Maltese companies...

The Malta Financial Services Authority has drawn attention to ESMA's 2025 Corporate Reporting Enforcement and Regulatory Activities Report, which outlines key enforcement priorities for listed companies' financial reporting. The report identifies common areas of supervisory focus across EU and EEA jurisdictions, emphasizing consistent application of IFRS standards and enhanced corporate reporting quality in European capital markets.

Malta continues to be one of the EU’s most attractive jurisdictions for corporate structuring, wealth planning, and asset protection.

In 2014, the European Union passed Regulation (EU) 910/2014, on electronic identification and trust services for electronic transactions in the internal market (eIDAS)...

Malta's beneficial ownership regime undergoes significant changes following Legal Notice 184 of 2026, introducing new reporting obligations, stricter identification requirements, and a tiered access system. Companies with natural person shareholders face a critical 10 January 2027 deadline to assess compliance and file new declarations or risk substantial penalties.

The Identity Malta Agency and the Malta Business Registry have announced that as from the 3rd February, 2020

Malta has consolidated its special tax status schemes into a single framework effective January 2027, offering four distinct categories for foreign residents. Each category provides a flat 15% tax rate on foreign-source income remitted to Malta, with varying minimum annual tax obligations and eligibility requirements based on nationality and income source.

Recent legislative changes in Malta have fundamentally transformed cybersecurity from a technical IT concern into a critical matter of corporate governance and legal liability. With the introduction of Legal Notice 89 of 2026 and the rise of AI-enabled cyber threats, organizations now face direct enforcement mechanisms and heightened expectations for cyber-risk management that can expose both companies and their directors to significant consequences.

Malta offers a comprehensive immigration framework combining EU membership benefits with English as an official language, structured residence pathways for professionals and investors, competitive tax regimes, and fast-track processing for skilled workers. The jurisdiction provides clear routes to permanent residence and citizenship while maintaining robust worker protections and family reunification options.

The Malta Individual Investor Programme is to allow for the grant of citizenship by a certificate of naturalization to foreign individuals and their families who contribute to the economic development of Malta.

Malta's new Equal Pay Regulations introduce a restrictive 'single source' test for cross-employer pay comparisons that may conflict with EU law. This analysis examines whether Regulation 8's requirement that undertakings be under common control and carry out the same economic activity is compatible with the broader CJEU interpretation established in Lawrence and codified in Directive 2023/970.

Remote and hybrid work arrangements in Malta carry significant legal implications that extend far beyond operational convenience. Employers must navigate a complex web of employment protections, working-time regulations, data protection requirements, anti-discrimination duties, and cross-border tax considerations. Without proper contractual frameworks and compliance procedures, organizations risk employment claims, discrimination awards, regulatory enforcement action, and unexpected permanent establishment

Benefit from a 15% Tax Rate through Malta's Global Residence Programme — Designed for Non-EU Nationals Seeking a Residency Option...

Malta offers expat families a comprehensive education system with government, church, and international schools providing diverse curricula in an English-speaking environment. Understanding school options, costs, and enrolment procedures is essential for families planning their relocation to this Mediterranean destination.

Cross-border disputes have become increasingly common, and this can often lead to complex challenges when litigation extends across multiple jurisdictions.

Following a screening conducted by the EU Commission in 2014, it was discovered that 37% of E-commerce including booking websites for travel, entertainment, clothing, electronic goods...