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The Russian Finance Ministry has drafted a decree that will exclude Malta from the blacklist of offshore jurisdictions, according to the Russian news agency Tass.

Fitch Ratings has this month affirmed Malta's Long-term foreign and local currency Issuer Default Rating (IDRs) at 'A'.

The European Union promoted the concept of e-money alongside massive strides in technology to bolster the status of e-commerce in Europe and Malta was one of the first EU Member States to allow standalone Electronic Money Institutions (EMIs) based upon an attempt to remove the unnecessary rigidity surrounding this market.

Malta has a most attractive tax residency scheme which is probably the most advantageous scheme available to persons wishing to change their tax residence. Moving your residence from a high-tax country to Malta could make you huge savings on your tax liabilities.

An in-depth review of different sectors within the Maltese economy found that the financial industry warranted a clean bill of health.

In Moody's view, Malta's government has also made significant progress on reforms in the energy sector and the labour market, in line with recommendations from the IMF and the European Commission. However, it is too early to conclude...

Malta has featured in two leading financial publications throughout the month of March, increasing the visibility of jurisdiction as a whole.

Not many UK citizens who are in receipt of a pension in the UK know that in terms of the Double Taxation Relief (Taxes on Income) (United Kingdom of Great Britain and Northern Ireland) Order, 1995 (Articles 18 and 19(2)), UK citizens who take up residence in Malta can have their pensions remitted to them in Malta free of any UK income tax.

Malta has become increasingly attractive to financial firms seeking safe, well regulated and cost effective operating hubs within the European Union.

Malta is an archipelago situated in the middle of the Mediterranean Sea between Southern Italy and the Northern African coast. The total area is 316 square kilometres that consists of Malta the largest island, Gozo, Comino and other small islands that are uninhabited.

For nearly three decades, Malta has been skilfully and diligently developing its financial services sector.