The Office of the Prime Minister has issued a €6.4 million direct order to Centrecom Ltd, a company partly owned by the national airline KM Malta Airlines, in a move that has prompted renewed discussion around transparency, governance and compliance with European Union state aid rules....
Continue Reading
Editor’s Choice 1, Laws
September 23, 2025
Gibraltar’s credibility test it is failing in plain sight!
Gibraltar faces scrutiny over public finance, audit limits, and inquiry reforms, raising questions on trust and governance standards.
Companies & People, Editor’s Choice 1
September 4, 2025
MiFinity and the whistleblower allegations!
Whistleblower claims raise questions about MiFinity’s payments, compliance, and exposure to restricted markets amid regulatory focus.
Companies & People, Editor’s Choice 1
August 15, 2025
Nardy Cramm Exposes Curaçao’s Offshore Gaming Network
Investigative journalist Nardy Cramm uncovers Curaçao’s offshore gambling system and exposes regulatory failures.
Taxation
June 16, 2025
Malta’s tax treaties as tools for corporate laundering
Most people may not realize that Malta's extensive network of tax treaties presents significant opportunities for corporate entities aiming to reduce their tax liabilities. While these treaties are designed to...
Finance News, Laws
June 15, 2025
How Malta’s SPVs Obscure Ultimate Beneficial Owners
There's growing concern surrounding the use of Special Purpose Vehicles (SPVs) in Malta to obscure the identities of ultimate beneficial owners. This mechanism, often exploited for asset protection and tax...
Banking, Finance News
June 12, 2025
The Malta banks enabling shadow transactions abroad
Shadow banking activities have increasingly drawn attention to the role of Malta's financial institutions in facilitating opaque transactions beyond its borders. With a favorable regulatory environment, these banks provide avenues...
Editor’s Choice 1, Laws
June 11, 2025
Gibraltar’s Role in Undermining Brexit Transparency!
Despite FATF delisting, Gibraltar's iGaming sector and judiciary raise ongoing concerns about transparency and enforcement.
Laws
June 10, 2025
Malta’s dual books strategy and regulatory blind spots
There's a growing interest in Malta's dual books strategy and the regulatory blind spots that accompany it. This approach allows businesses to operate with two sets of financial records, raising...
Finance News, Laws
June 9, 2025
Malta Data Trustees and Their Role in Shadow Finance Risks
Shadow finance often thrives in environments where data governance lacks transparency, and Malta's data trustees play a pivotal role in this landscape. Operating at the intersection of finance and technology,...
Finance News
June 3, 2025
Malta’s financial statements rarely show full substance
With an increasingly complex global economy, Malta's financial statements have come under scrutiny for their lack of transparency and comprehensive representation. Many analysts and stakeholders find that the nuances of...
Finance News
May 30, 2025
Why Malta remains a magnet for grey-zone finance?
Malta has emerged as a prominent hub for grey-zone finance, with its favorable regulatory landscape and attractive tax policies drawing both legitimate businesses and less scrupulous entities. The island's strategic...
Accounting, Finance News
May 19, 2025
Malta’s accounting firms blur lines between audit and PR
You may be surprised to discover that in Malta, the traditional distinctions between accounting services, such as auditing and public relations, are becoming increasingly intertwined. This shift is reshaping the...
Laws
May 12, 2025
Legal threats in Malta used to silence financial reporting
It's evident that legal threats in Malta are increasingly wielded as a tool to suppress financial reporting. Investigative reporters and whistleblowers often face intimidation, including lawsuits and criminal charges, for...
Accounting
May 9, 2025
The auditors who never see the real cash flows
Flows of financial information often obscure the realities of a company's cash position, leaving auditors cycling through numbers without ever confronting the actual cash streams. This blog explores the limitations...
Laws
May 8, 2025
No penalties for late UBO declarations in Malta’s registry
Just recently, the Maltese authorities announced that there will be no penalties for late Ultimate Beneficial Ownership (UBO) declarations in the national registry. This decision aims to provide businesses and...
Editor’s Choice 1, Laws
May 7, 2025
Rotten Rock – Part 1: A system built for secrecy!
Uncover Gibraltar’s regulatory gaps and the Mansion Group case. A call for transparency and institutional reform.
Laws
May 2, 2025
How nominee services blur ownership trails in Malta
Malta has become an attractive hub for businesses and investors seeking to navigate the complexities of global finance and taxation. One of the key factors contributing to this appeal is...
Laws
April 28, 2025
The trust registry loopholes in Malta’s legal framework
Many professionals and stakeholders within the legal and financial sectors are increasingly scrutinizing the trust registry in Malta for its apparent loopholes. These gaps in the legal framework present significant...
Editor’s Choice 1, Finance News
April 27, 2025
Lawyers, nominees and power: who enables the silence?
Inside Mansion Group’s offshore web: how lawyers enabled secrecy, and one whistleblower dared to speak.
Editor’s Choice 1, Finance News
April 27, 2025
Inside the private foundations: Midas Touch and La Valette
How private foundations like Midas Touch shield profits from scrutiny in the Mansion Group network.
Editor’s Choice 1, Laws
April 25, 2025
Mansion Group: Legal Jurisdictions, Functional Alignments
Examining how cross-border structures affect transparency and regulatory control in the gambling sector.
Accounting, iGaming News
April 23, 2025
When iGaming meets accounting tricks in Malta
Accounting plays a pivotal role in the prosperity of the iGaming industry in Malta, where innovative financial strategies often intertwine with regulatory frameworks. As the online gaming sector flourishes, businesses...
Banking, Laws
April 21, 2025
Malta’s Banking Confidentiality Laws
Impactful are Malta's stringent banking confidentiality laws which play a significant role in safeguarding the privacy and financial information of account holders. These laws have far-reaching consequences not only for...
Finance News
April 21, 2025
How directors’ fees are disguised as consulting income
Fees often serve as a significant source of income for corporate directors, but some companies creatively categorize these payments as consulting income to reduce tax liabilities or avoid regulatory scrutiny....
Finance News
April 21, 2025
Weak Auditing Standards in Malta’s Fintech Sector
Just as Malta's fintech sector gained international recognition, it has been beset by alarming deficiencies in auditing standards that threaten its credibility. Recent developments reveal a concerning trend of compromised...
Companies & People, Editor’s Choice 1
April 17, 2025
The Illusion of Separation: The Consultant Firewall Myth
Discover the truth behind the so-called "firewalls" between Apollo, Hermes, and Violet Star consultancy firms linked to Mansion Group. Transparency and regulatory concerns explored.