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Family Businesses Challenges and opportunities for Maltese family businesses
Family-owned businesses represent around 75% of all Maltese enterprises, with many having evolved through generations from small realities to fully-fledged
Sustainability Renewables’ immunity to COVID-19 and energy supply contingency
This webinar was part of the online event "Shaping Malta's Future: The New Norm" which was held in July 2020. During this session the panelists discussed the
SUSTAINABILITY Sustainable development: a call for a harmonious balance in planning
In this webinar, we discussed the importance for government institutions to place the wellbeing of society at at the forefront when addressing sustainable
COVID-19 what disclosures are businesses really making?
Regulators around the world are increasingly concerned at the use of boiler-plate disclosures and are keen to encourage businesses to make disclosures relating
British expat in Malta? Here are your rights and obligations
If you are a British expat and you intend to keep on living and working in Malta after the expiration of 3 months from your date of arrival in Malta, then
Social distancing vs sports: the invisible opponent
The Covid-19 pandemic was, and still is, a challenging time for sport activities, and it greatly impacted Maltese athletes.
Malta's standing in a post COVID Europe
The Coronavirus Pandemic took the world by storm. Covid-19 started off as an acute health crisis, and in turn, grew into an economic crisis.
Preserving the resilience of Maltese society
The panel for this topic, “Preserving the resilience of the Maltese society”, tackled the impact of Covid-19 on the different facets of the Maltese society.
Is COVID19 the infamous burst to the property bubble?
This webinar was part of the online event “Shaping Malta’s Future: The New Norm”, held in July 2020. The panelists were invited to discuss the impact that the
COVID 19 Resiliency in water and wastewater resources: can we withstand a pandemic?
This webinar was part of the online event "Shaping Malta's Future: The New Norm" which was held in July 2020.
Budget 2021 Malta Budget 2021 Highlights
Malta Budget 2021 Document
The virtual courtroom: will it enable justice to prevail?
This webinar was part of the online event “Shaping Malta’s Future: The New Norm” which was held in July 2020. It tackled the impact of Covid-19 on the judicial
The E-campus era
The spread of COVID-19 brought about new challenges to the educational system in Malta, namely the challenges of ensuring quality and practicability of online
Is cyber-tourism the new norm?
Is cyber-tourism the new norm?
Rooms available: how COVID-19 has impacted the hotel industry
The COVID-19 pandemic has caused an unprecedented level of disruption to the global hotel industry. A combination of local lockdowns and travel restrictions
Grant Thornton Malta helps local tech company secure Melita investment
Grant Thornton Malta's advisory team has managed to assist the HandsOn Group with seeing through the sale of a minority stake to Melita Limited, one of Malta’s
SUSTAINABLE FINANCE IN MALTA Malta and the EU sustainable finance model
Since the introduction of its Sustainable Finance Agenda, the European Commission has made considerable progress to ensure that the objective of net-zero
YACHTING MALTA REPORT An economic impact assessment of the 2019 Rolex Middle Sea Race
An economic impact assessment of the 2019 Rolex Middle Sea Race on Malta
webinar - Shaping Malta's Future: the New Norm Waste management planning: the need for a triple bottom strategy
The Covid -19 pandemic gave rise to yet another ongoing pandemic, the challenge of proper waste management. It is evident that during such turbulent period,
Webinar - Shaping Malta's Future: the new norm Corona decrowns the king: going contactless
A survey shows that 76% of the Maltese population are willing to avoid the use of cash after the pandemic.
Webinar - Shaping Malta's Future: the new norm You win some you lose some: reshaping Malta's economy
The impact of COVID-19 on the local economy and the opportunities for development of the after the pandemic.
WEBINAR - SHAPING MALTA'S FUTURE: THE NEW NORM Neighbourhood essentials: open spaces
This webinar focused around Malta’s situation when it comes to open spaces and green infrastructure. The panel consisted of Ms Michelle Borg, Unit Manager at
WEBINAR - SHAPING MALTA'S FUTURE: The New Norm A breath of fresh air
This panel tackled the environmental impacts of Covid-19 in Malta.
Webinar - Shaping Malta's Future: the New Norm The myth of multitasking: working parents
The spread of the COVID-19 pandemic has brought new challenges for families across Malta, as a result of school closures, social distancing, and teleworking.
Report - Shaping Malta's future: the emergence of a new norm
The economic implications and repercussions brought on by the COVID-19 global pandemic are deep and far-reaching, affecting the economy of virtually every
Five accounting considerations relating to revenue recognition
As a result of COVID-19 entities are generally expecting to experience significant declines in revenue and decreases in progress of delivery of performance
Reporting the impact of COVID-19 on your business
As the impact of a novel strain of coronavirus (COVID-19) continues to unfold around the world, those individuals responsible for preparing financial
Accounting GAPSME: general accounting principles for individual and group companies
The EU Single Accounting Directive 2013/34/EU which substituted the Fourth and Seventh Directives on both individual and consolidated financial statements,
INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) COVID-19: 2020 deferred tax provision
The COVID-19 pandemic is having a tremendous impact on the world’s economy. Many businesses are struggling to stay afloat and doing whatever they can right now
Report: the impact of COVID-19 on Maltese household expenditure
The economic implications and repercussions of the COVID-19 global pandemic are deep and far-reaching, affecting the economy of virtually every nation on
How to strengthen your supply chain in the face of COVID-19 disruption
The COVID-19 pandemic is upending the carefully calibrated logistics of global shipping and highlighting long-standing concerns.
INTERNATIONAL FINANCIAL REPORTING STANDARDS Reporting the impact of COVID-19
As the impact of a novel strain of coronavirus (COVID-19) continues to unfold around the world, those individuals responsible for preparing financial
International Financial Reporting Standards COVID-19: Financial reporting and disclosures
COVID-19: Financial Reporting and Disclosures, identifies key financial reporting areas that entities need to consider when determining the impact on their
DIGITAL TAXATION Double digital taxation: what it is and how to avoid it
Governments and tax authorities are scrambling to keep pace with the increasing digitisation of the global economy and public outcry over the levels of
COVID-19 Responding to COVID-19: 7 Steps to manage cash flow and financial headwinds
The economic consequences of COVID-19 on future trading assumptions, and the direct impact on many companies, may place some companies under liquidity
Accounting Accounting implications of COVID-19
Accounting implications of COVID-19
ARTIFICIAL INTELLIGENCE How Artificial Intelligence is supporting the fight against COVID-19
Since it was first identified in the city of Wuhan (China), the COVID-19 coronavirus has infected over 121,000 people, killing over 4,000 patients. While
WOMEN IN BUSINESS Women in Business 2020
78% of mid-market businesses globally are actively working on removing barriers to gender parity at senior levels according to the latest research from Grant
All hands must be on deck to repair Malta’s reputation
Representatives of the financial services sector, including the Institute of Financial Service Practitioners (IFSP) and the Malta Banking Association (MBA),
Residency Services British citizens’ rights in Malta
British citizens’ rights in Malta
Exploring the funds travel rule in terms of virtual assets issued by the FATF
In June 2019, the Financial Action Task Force (FATF) established various rules to combat the misuse of virtual assets for the purpose of money laundering and
Defending key national infrastructures from cyber attacks
The possibility of Malta’s power grid being hit by a disruptive cyberattack is not remote. In October 2019, Siemens and Ponemon published the findings of a
Taking joint responsibility for corporate failures – An audit perspective
Following the Dutch Authority for the Financial Markets' (AFM) assessment during 2017-2018 on ‘quality change’ at PIE audit firms over quality safeguards that
Tax & regulatory ICO: fundamentals and the cryptocurrency tax in Malta
Initial coin offering (ICO) campaigns, sometimes referred to as ‘token sales’ or ‘token-generating events’ (TGE), which raise funds for a venture through the
Artificial Intelligence Malta’s national AI strategy: is the country ready?
The Maltese government has officially launched its national AI strategy during the Delta Summit 2019. The document is a blueprint for the progressive
BUDGET Malta Budget 2020: what are green bonds?
Malta Budget 2020: what are green bonds? During the presentation of the 2020 budget, Malta’s Finance Minister Edward Scicluna has announced that the Malta
Duties of the company director
Directors are in charge of the management and control of the company. They take decisions for and act on behalf of the company, usually during board meetings.
RESIDENCY Applying for residence in Malta
Any EU, EEA or third country national who resides in Malta for more than 3 months is obliged to apply for a Residence Permit. There are various grounds upon
Accounting Accounting for leases under IFRS 16
Definition of a lease IFRS 16 represents the first major overhaul of lease accounting in over 30 years. The new Standard will affect most companies that
Preventing and detecting the misuse of virtual financial assets: introducing the tools
Technology is rapidly evolving, and this is proven with the development of blockchain technology, cryptocurrencies and other virtual assets. Concurrently,
Can GDPR and blockchain coexist?
A study published by the European Parliamentary Research Service (EPRS) seeks to examine whether the European Data Protection Regulation and the ancillary
TAX Say goodbye to the arm's length principle
The G20 has endorsed the The Organisation for Economic Co-operation and Development’s (OECD’S) roadmap for resolving the ‘tax challenges arising from the
Business risk consultancy The code of ethics – why is it important for organisations and professions?
The code of ethics is an important tool which can enhance the reputation and the perception of the public of a profession and an organisation. In fact, local
How Maltese companies can raise finance through Prospects MTF
A constant challenge faced by our clients is raising finance to fund their ideas and achieve their goals. As part of our service offering, we guide clients
Cyber security 5 simple steps to protect your office data from hackers
Digital threats to companies are on the rise, and organizations worldwide are investing a growing share of their budgets to secure their networks. A report
Drivers of the digital era: stay ahead of the competition
The quest for digitisation may be deemed elusive by some, however in switching from postal mail to fax and eventually to email, from paper-ledger to
FINTECH Issuing a VFA from Malta
Malta was the first country to enact a comprehensive regulatory framework to cater for ICOs. This move to regulate initial coin offerings inspired other
Malta: A digital asset hub providing clarity and certainty through regulation
Malta has led the way in the regulation of the application of distributed ledger technology (DLT), including blockchain, to the financial world, paving the way
Artificial Intelligence Human-centric artificial intelligence: a European approach
Since homo sapiens developed from earlier primates c. 300,000 years ago, we have constantly improved technology to serve our needs efficiently and with less
Artificial Intelligence Ethical considerations surrounding artificial intelligence
There is little doubt about the fact that AI and robotics will be two of the most defining technology accelerators of this decade. Apart from their deployment
Brexit Brexit: a Maltese perspective
Ever since that faithful day on 24 June 2016 Brexit has been characterized by disarray, discord and disorder. The British Parliament has been in disarray and
Business Related Services Non-Performing Loans Solutions
Resolving the issue of Non-performing Loans (NPLs) is not just a regulatory problem to address but a way to manage a bank’s balance sheet and increase
Business Related Services Non-Performing Loans and the risk posed to banking institutions
NPLs constitute a liability for bank institutions and require an organic strategy to deal with.
Technology Leveraging knowledge in a data rich world - Big Data and Business Analytics
We all heard about “big data”; which is incomprehensibly large data generated by real people. To give you an idea of scale; 90% of all data was created in the
Technology How companies are using Big Data
Big data analytics refers to the possibility of gathering and analysing a substantial amount of data through advanced Business Intelligence (BI) software
Healthcare and medtech APAC'S ageing population: the opportunities in health and medtech
The Asia Pacific (APAC) region is ageing more rapidly than any in history and Grant Thornton’s International Business Report (IBR) reveals that business
REITs in Malta Can REITs provide new options for real estate finance in Malta?
Real Estate Investment Trusts (REITs) are companies who own and manage various types of properties. These companies earn regular income through the rental of
Travel and tourism Malta’s travel and tourism sector review
2018 was an exceptionally good year for Malta’s tourism industry as the number of inbound tourists reached a record 2.6 million, reflecting an increase of
News round up Forecasting the future
Even if many believe the world is getting harder to predict, that hasn’t stopped international publications from trying to forecast the year ahead. Here we
Tax Direct to indirect taxation
How manage the hidden complexities of indirect taxation? It’s not just the immediate demands of VAT/GST that are complex and challenging, but the extent to