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Revised Minimum Wage and Wage Increase for 2022

25 January 2022

The two new National Standard Orders (hereinafter ‘NSO’) published by the Minister for Finance and Employment back in November 2021, entered into force on the 1st of January 2022: The National Minimum Wage National Standard Order 2021 (L.N. 462 of 2021) and the Wage Increase (Employees) National...

Detrimental Impact of Unwarranted De-Risking

21 January 2022

Financial and credit institutions across EU Member States constantly strive to identify and manage their day-to-day risks in the most efficient manner.

The Risk Management function for Corporate Service Providers

13 January 2022

BDO Malta Risk Advisory Manager, Colin Calleja, will be delivering a course at the Malta Stock Exchange about the Risk Management function and its implementation for Corporate Service Providers.

A Cybersecurity Framework in line with the MFSA’s Guidance on ICT Related Arrangements

11 January 2022

The Malta Financial Services Authority’s Guidance Document on ICT Related Arrangements, published on the 11th of December 2020, contains multiple elements which license holders must and should consider as part of their implementation of governing ICT and Security frameworks.

Malta Imposes Further Restrictions to Combat Spike in COVID-19 Cases

05 January 2022

Throughout the holiday season, many countries in the EU and around the world have reported an increase in COVID-19 transmissions. In an effort to curb local transmission of the virus, on the 23rd of December 2021, Health Minister Chris Fearne announced the introduction of a number of new measures.

Amendments to the Protection of the Whistleblower Act Come into force

03 January 2022

By virtue of L.N. 500 of 2021, the Protection of the Whistleblower (Amendment) Act, 2021 was brought into force on 24th December 2021.

Malta First EU Member State to Legalise Cannabis Use

15 December 2021

On the 14th of December 2021, the Maltese parliament approved Bill 241 (hereinafter the ‘Bill’), a Bill which legalises the personal use and growth of cannabis – the first of its kind in the European Union.

BDO announces Financial results 2021

14 December 2021

A solid 10.8% increase in global revenues to US$ 11.8 billion, up from US$ 10.3 billion in 2020, reflecting the strong demand from clients for BDO’s expertise in a fluid business landscape.

The Use of Legitimate Interest Assessments (LIAs) under GDPR

01 December 2021

An LIA is a risk assessment specifically designed to determine the context and purpose of processing against legitimate interests. It aims to identify the benefits to all parties in processing personal data and provides justification for decisions made by Data Controllers in processing such data.

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