90 results found

In the dynamic landscape of modern business, navigating the myriad of regulations and standards is essential for sustained success.

The rapid advancement of Artificial Intelligence (AI) is revolutionising industries worldwide, and internal audit is no exception.

The role of Board committees has significantly evolved during past years as a direct consequence of ever-increasing regulation, lessons learned, and the wide array of complex...

The 2025 Audit Exemption Rules L.N.139 of 2025, repealing the Audit Report Waiver and Deduction Rules S.L.372.29, introduce new rules for newly incorporated companies...

For each accounting period, the directors of a company are responsible to prepare individual accounts comprising the balance sheet as at the last day of the accounting period, ...

In the world of auditing, the tasks can often feel like a relentless onslaught of data, systems, and repetitive tasks.

The Internal Auditor's role in supporting companies through their ESG journey.

The internal audit profession is experiencing a significant transformation, shaped by broader regulatory expectations causing a shift from a compliance driven approach to strategic, value driven outcomes.

The Global Internal Audit Standards state that Internal auditors must encourage and promote an ethics-based culture in the organisation.

Following the issue of a consultation document which presented the Malta Financial Services Authority's ("MFSA") proposals on the Systems Audit and Live Replication Server requirements laid down in Chapter 3 of the Virtual Financial Assets Rulebook.

Following the issue of a Consultation Document (the ‘Consultation Document'), on the 15th October 2019, presenting the MFSA's proposals on the Systems Audit and Live Replication Server requirements laid down in Chapter 3.

The previous 500-employee threshold would not remain applicable. It is envisaged that around 49,000 European entities will become subject to providing sustainability information in their annual reports.

In Malta, the majority of private limited companies rely solely on their auditors to prepare the financial statements as part of the audit process.

The Maltese Government has enacted Legal Notice 139 of 2025 — the "Audit Exemption Rules, 2025", under the Income Tax Management Act (Cap. 372) (ITMA).

On the 11 November 2020, the Malta Financial Services Authority (the "MFSA") issued a circular to bring to the attention of issuers the latest interpretative communication by the European Commission

One may disagree as to whether these penalties are justifiable or otherwise. But without a shadow of doubt the numbers are staggering and any entity subject to AML compliance...

Just over €4,150,000,000. This is the total amount of penalties imposed on financial institutions globally for their lack of compliance with anti-money laundering obligations in 2022.