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David Zahra discusses trusts and foundations in Milan

David Zahra has recently participated in a technical session organised by FinanceMalta, a public-private initiative set up to promote Malta as an international financial centre, in Milano, Italy. The event, held on Wednesday 7 May 2014, dealt with wealth management instruments and investments funds in Malta. David Zahra formed part of the first panel dealing with wealth management and,...

Former Sony CEO to address Misco Directors Network meeting

The next edition in Misco’s series of networking events will be hosted on June 6 and will feature an interactive question-and-answer session with Chris Deering, former CEO and president of Sony Computer Entertainment Europe. Mr Deering helped engineer the sale of over 100 million PlayStation Consoles and over 750 million game discs. An industry spokesperson for European games...

Family Trusts introduced in Maltese law

The concept of ‘family trust’ was recently introduced into the Maltese trust regulatory framework pursuant to the publication of the Trusts and Trustees (Amendment) Act on 25 April 2014. The “family trust” is an instrument which allows the setting up of a trust to hold property of a settlor for the present and future needs of...

Malta Russia DTA signed by Russian President

The Russian Federal Council has approved the Malta-Russia Double Taxation Treaty on 26 March 2014 and Russian President Vladimir Putin has signed the law ratifying such treaty on 2 April 2014. The Double Taxation Treaty had been signed on 14 April 2013 and approved by the State Duma on 21 March 2014. Malta had ratified the...

David Zahra on www.lamiafinanza.ch

Lamiafinanza.ch, an informative website for investors and savers, has recently published an article on Islamic finance by David Zahra. The article, in Italian, gives an overview of the workings of Islamic finance and is the first from a series of articles which the website shall publish to generate more interest in this niche sector within...

MFSA publishes FAQ on AIFMD

The Malta Financial Services Authority (MFSA) has recently published an FAQ aiming to provide answers to the questions that the MFSA has been receiving with regards to the implementation of the provisions of the Alternative Investment Fund Managers Directive. The contents of the FAQ shall be updated to reflect further requests for clarification/ information as...

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