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Institute of Financial Services Practitioners
Minister for Finance Edward Scicluna addressed the members of the Institute of Financial Services Practioners at a conference entitled, ‘Striking a balance for financial services, regulation and competitiveness’. Minister Scicluna said that regulators and regulatory institutions need to be strengthened not destroyed or damaged. He referred to the AML/CFT work plan in this regard: “We…
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The Malta Stock Exchange launches three bond indices
Minister for Finance Edward Scicluna inaugurated the launch of three bond indices by the Malta Stock Exchange (MSE); the MSE Corporate Bonds Total Return Index, the Malta Government Stocks Total Return Index and the MSE Balanced Bonds Total Return Index. PRESS RELEASE BY THE MINISTRY FOR FINANCE The Finance Minister explained that these three indices…
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L-Aġenziji ta’ Kreditu qed Jixxaħmu?
Fl-ewwel xahar u nofs tas-sena, tlett aġenziji ta’ kreditu internazzjonali taw ‘ratings’ tajbin lil Malta. Ir-riżultati tagħhom kienu fi grad għoli ta’ A u iżjed. Dan kollhu jfisser li l-andamment ekonomiku u finanzjarju tal-pajjiż sejjer tajjeb, anzi tajjeb hafna. Jekk wieħed jifli sew dawn ir-rapporti dettaljati, Isib li jgħidu li dan is-suċċess hu mifrux fuq…
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Secretary General of the World Customs Organisation visit at Ministry for Finance
Minister for Finance Edward Scicluna held a meeting with Dr Kunio Mikuriya, Secretary General of the World Customs Organisation (WCO), at the Ministry for Finance in Valletta. PRESS RELEASE BY THE MINISTRY FOR FINANCE Dr Mikuriya has been Secretary General of the WCO since 2009 and he provides leadership and executive management for the global…
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Inkomplu nwettqu l-miżuri tal-Baġit 2019; ħruġ ta’ 62+ bond tal-Gvern
Waqt konferenza stampa, il-Ministru għall-Finanzi Edward Scicluna ħabbar li għat-tielet sena konsekuttiva, se jinħareġ bond għall-anzjani b’rata ta’ imgħax attraenti msejħa 62+ Government Savings Bond. STQARRIJA MILL-MINISTERU GĦALL-FINANZI Dan il-bond, li ser ikollu ħames snin maturità, se joffri rata tal-imgħax ta’ tlieta fil-mija fis-sena, liema rata hija ferm ogħla mir-rati li qiegħdin joffru diversi istituzzjonijiet finanzjarji.…
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Brexit bla Ftehim ikun Katastrofiku
Aktar kmieni din il-ġimgħa kont għal laqgħat fi Brussell. Fost dawn il-laqgħat kellna dik tal-EUROGROUP li tiġbor il-Ministri għall-Finanzi tal-membri stati fiż-żona ewro, u kif ukoll tal-ECOFIN li tiġbor il-ministri tal-membri stati kollha. Dawn iż-żewġ laqgħat ġibdu l-interess tal-midja nternazzjonali. Filfatt ġejt intervistat minn Bloomberg, stazzjon televiżiv ferm importanti. Jista’ jkun li dawn il-laqgħat…
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DBRS affirms Malta’s rating at ‘a (high)’ with a stable outlook
Following the positive sovereign credit ratings by Fitch and Moody’s earlier this year, DBRS, a reputable Canadian credit rating agency, has confirmed Malta’s sovereign credit rating at ‘A (high)’ with a stable outlook. PRESS RELEASE BY THE MINISTRY FOR FINANCE DBRS notes that the ‘A (high)’ rating is mainly supported by Malta’s strong external position,…
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Bilateral meeting with Italian Economy and Finance Minister Giovanni Tria
A bilateral meeting was held on Friday between Finance Minister Edward Scicluna and Italian Economy and Finance Minister Giovanni Tria on the fringes of the International Monetary Fund (IMF) and the World Bank constituency meeting held in Malta. PRESS RELEASE BY THE MINISTRY FOR FINANCE The two Ministers pledged to intensify the good relationship built…
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Better to have convincing tax proposals rather than resorting to abolishing unanimity on tax matters
The idea that is being floated by the European Commission on ending unanimity on tax matters in the Council of the European Union “is not just a matter of sovereignty but more importantly about the possible use of force when the power of conviction is lacking”. This is how Minister for Finance Edward Scicluna described…
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Combating tax fraud at the European level
Minister for Finance Edward Scicluna welcomed the tax officials from the 28 member states attending the 12th meeting of the Eurofisc Group Working Field 1 dealing with MTIC fraud. The two-day conference, hosted by Malta, is being held at the Grand Hotel Excelsior Malta between the 6th and 7th of February. PRESS RELEASE BY THE…