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Prof. Edward Scicluna attends the launch of new publication: ‘Principles of Maltese income tax law’
Finance Minister Prof. Edward Scicluna attended the launch of a new publication titled ‘Principles of Maltese Income Tax Law’ during the Malta Institute of Management’s (MIM) Annual General Meeting on Wednesday 29th May, 2013. The publication, written by Robert Attard, provides an up-to-date discussion of Maltese Income tax legislation along with the leading decisions…
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“Committed to Safeguarding Competitiveness of Financial Sector”
The Hon. Edward Scicluna, Minister for Finance, said the new Government remains committed to protecting the competitiveness of the Maltese financial sector and work towards further developing the sector in terms of quality. Prof. Scicluna was speaking during a seminar on the Financial Services Industry held on Thursday 30 May, 2013, organised by the Malta…
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Tax havens or tax heavens – Videoblog 3
Jurisdictions with very loose financial regulation, guaranteeing complete bank secrecy, levying no tax and turning a blind eye to money laundering. Do these jurisdictions still exist today? If they exist the OECD would have long blacklisted them with dire consequences. So what is the current debate about? It is about the grey area of tax…
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“Tonio Fenech’s claims aimed at undermining national interest and harming ongoing negotiations with EU”
The Finance Ministry notes with disappointment the recent irresponsible statements made by the former finance minister and Nationalist MP Tonio Fenech about Malta’s public finances and their implication for the Excessive Deficit Procedure, at a time when this issue is being negotiated with the European Commission. Tonio Fenech’s irresponsible claims can only weaken the country’s…
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“Government committed to letting Business do Business”
“Malta’s pro-business climate has traditionally been positioned to strengthen Malta’s attractiveness as an open market economy, and this new Government is wholly dedicated to upholding that mission,” said Finance Minister Prof. Edward Scicluna. Prof. Scicluna was speaking during a retreat for high-achieving local and foreign entrepreneurs, managers, and board members who form part of the…
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“Alternative Investment Fund Managers Directive”
Finance Minister Prof. Edward Scicluna said that the forthcoming Alternative Investment Fund Managers Directive, which will take effect as from mid-July 2013 will present the financial services sector with many challenges but also opens up a number of opportunities to increase Malta’s competitiveness especially outside the EU. Prof. Scicluna was delivering the opening…
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Courtesy visit from British High Commissioner Robert Luke
Finance Minister Prof. Edward Scicluna received a courtesy visit from the His Excellency the British High Commissioner Robert Luke on Thursday 23rd May, 2013. The two discussed several issues of common interest between Malta and the United Kingdom. The meeting chiefly concerned itself with Malta’s performance against the backdrop of the recession being…
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Bail-in or Bail-out? – Videoblog 2
During his second weekly blog, Minister for Finance Prof. Edward Scicluna discusses the nuances behind the bail-in and bail-out debate which is currently playing itself out at European Council level. Prof. Scicluna discusses the various approaches being considered, but underscores the need that depositors’ accounts are guaranteed in the interest of banking confidence. – Monday,…
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Meeting with Deputy Assistant Secretary Kathleen Doherty – US Bureau of European and Eurasian Affairs
Finance Minister Prof. Edward Scicluna held a meeting with Deputy Assistant Secretary Kathleen Doherty, from the U.S. Bureau of European and Eurasian Affairs on Friday 17 May 2013. Ms Doherty was accompanied by U.S. Ambassador Gina Abercrombie-Winstanley. During the meeting, Prof. Scicluna and Ms Doherty discussed the current European economic climate within the context of…
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Finance Minister Scicluna receives courtesy visit from General Workers’ Union Officials
Finance Minister Prof. Edward Scicluna received a courtesy call from General Workers’ Union officials, led by Union General Secretary Tony Zarb, on Wednesday 15 May, 2013. During the visit, Prof. Scicluna and the GWU delegation had occasion to discuss several points of common interest between the Union and the Government, with a particular emphasis on…