Registration Time: 09.00
Sessions Time: 09.15 - 12.30 incl 15min break
Speaker: Dr Geraldine Spiteri Lucas & Dr Maria Schembri
Venue: Online Webinar

Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00
*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

- Main Register
The main players of the foundations and associations
The main provisions in the Statute
The list of documents required for registration
Different types of organisations (i.e. public benefit foundation, private foundation, private association, public association)
Ongoing obligations of administrators
Termination/ cancellation of organisation

- Register of Beneficial Owner
Definition of beneficial owner
The details to be stated on the Form
Submission of Forms and exemptions from submitting the Form
Obligations of administrators
Who has access to the RBO of private foundations
Details of Beneficiaries/ Class of beneficiaries
Penalties

Objectives of the Session

In order for Notaries, CSP’s and administrators to have a clearer picture of the registration process of foundations and associations and the Register of Beneficial Owner

Topics on the Agenda

We shall be covering the registration process of foundations and associations and the Register of Beneficial Owners

Target audience

Notaries, CSP’s and Administrators authorised to act as administrators of private foundations.

Speakers profile

Dr Geraldine Spiteri Lucas is the Chief Legal of the Malta Business Registry and she heads the Legal Unit. After graduating as a lawyer from the University of Malta she read for a Masters in European and Comparative law. She started her career with a leading local law firm where she used to offer legal advice to local and international clients and also represented various clients, as litigator, before Tribunals and local Courts. She was involved in the transposition of the provisions of the Fourth and Fifth Anti-Money Laundering Directive relating to the register on beneficial owners of commercial partnerships and the setting up of such register. She is also a member of the board of examiners for the Department of Commercial Law of the University of Malta.

Dr Maria Schembri is a Senior Professional Officer at the Malta Business Registry. She graduated as a lawyer from the University of Malta and obtained a Diploma in Taxation from the Malta Institute of Taxation. During the law course, she gained notarial experience while visiting a Public Notarial office and obtained a warrant of a Notary. She further obtained a warrant of Lawyer and started her career as an associate with a leading accountancy and audit firm. She then joined another accountancy and audit firm wherein she was their sole legal advisor for providing legal and corporate services. She has been working with the Malta Business Registry for since September 2017. Currently, she works with the Malta Business Registry within the Foundations and Associations Unit.

EVENT CPE COMPETENCES

3 Hour Core

WEBINAR TERMS AND CONDITIONS

Terms and conditions apply

DISCLAIMER

By Registering and/or Booking for this event, you agree that MIA will collect your information, who will be using it as per the MIA Privacy Policy for CPE Events. Please read the MIA’s Privacy Notice for CPE Events in its entirety which can be found at this link. By accepting to participate in this event you accept that MIA shall process personal data in accordance with this Privacy Notice.

If registration is being affected by a company or other corporate entity on behalf of an attendee or the registering company or other corporate entity supplies to the MIA personal data of third parties, such as of employees, affiliates, management companies or service providers, the registering company or other corporate entity shall be solely responsible for making sure that the provision of such data to the MIA fully complies with applicable laws and the relevant person in regard to whom the data relates has been provided with the necessary information at law regarding the MIA’s processing of his personal data.
Any information notices, consents or other applicable requirements that may be required to be fulfilled for the provision of third party data to the MIA shall be borne solely by the registering company or other corporate entity. The registering company or other corporate entity hereby fully indemnifies the MIA and shall render the MIA completely harmless against all costs, damages or liability of whatsoever nature resulting from any claims or litigation (instituted or threatened) by any third party against the MIA as a result of the provision of any third party personal data to the MIA by the registering company or other corporate entity.

The Malta Institute of Accountants may take photos during this event. These images will be used by the Institute to share news about the event in newsletters, the Annual Report, The Accountant journal and printed publicity. Photos can also be published on MIA’s Facebook, Linkedln and Twitter. Such images may be used to publicise future events of the same nature and for reporting purposes.