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M22064 - Forthcoming Reporting Obligations Required by the MGA (Online)

  • 1 Jun 2022
  • 09:30 - 11:00
  • Online Webinar


Registration Time: 09:15
Sessions Time: 09:30 - 11:00 
Speakers: Ms Katrina Pace Bonici Mompalao - Head Regulatory Supervision,  Mr Adrian Muscat - Head  of Finance, Mr Giles Schembri and Mr Ian Curmi
Venue: Online Webinar
Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €20.00
Non-MIA Members: €40.00
Retired Members: €10.00
Students: €15.00

*Group bookings for 3 or more participants available.

BackgrounD information

On the 25th November 2021 two Technical Releases Audit 02/21 were issued by the Malta Institute of Accountants in collaboration with the Malta Gaming Authority. These Technical Releases lay down the requirements for operators and practitioners in the carrying out of engagements requiring the performance of agreed upon procedures and the reporting of factual findings thereon in accordance with ISRS 4400 (Revised), consequent to the requirements of Article 41 (2)(b)(ii) and (iii) of Directive 3 of 2018 Gaming Authorisations and Compliance Directive. These agreed upon procedures relate to:
  • Gaming tax payable on revenue from players classified as Maltese players, as well as levy on gaming devices which fall under the Maltese licence; and
  • Player funds, jackpot funds, as well as the portion of the player funds account balance which fall under the Maltese licence.
In this regard, this dedicated webinar shall be organised to explain the requirements of ISRS 4400 (Revised) as applicable to the Technical Releases, the contents of the Technical Releases referred to above, the process to be followed by operators and address any queries which both operators and practitioners within the industry may have prior to the implementation of the reporting obligations which need to be met by 31st October 2022.


  • Applicability of the new reporting obligations
  • Due dates and frequency
  • Method of submission
  • Overview of the requirements of ISRS 4400 (Revised) within the context of the Technical Releases
  • Overview of the contents of the Technical Releases
  • Frequently asked questions

Participants who would like to forward their questions before the session are kindly asked to send these to technical@miamalta.org by 25th May 2022.


To bring to the attention of operators and practitioners their respective roles and responsibilities when drawing up the required reports.

Target Audience

Auditors and practitioners servicing B2C gaming licensees, employees of B2C gaming licensees working within the areas of compliance and/or finance.

    Speakers' Profiles

    Ian Curmi joined PwC in 2007. He started at PwC office in London and in 2010 left for New York on a two-year secondment. He then joined PwC Malta in the summer of 2012, where he started specialising in the gaming sector. Ian is an audit partner and PwC Malta’s recognised gaming industry champion. He strives to remain on top of all developments in what is an extremely fast-paced industry in order to best advise clients on opportunities and strategic initiatives within the industry. Ian holds a B.Com (Hons) degree from the University of Malta and has completed both the ACCA qualification and obtained an Accredited Chartered Accountancy (ACA) qualification from the Institute of Chartered Accountants in England and Wales. Ian is also a member of the Malta Institute of Accountants.
    Giles Schembri is an Audit Partner who leads the iGaming cluster within the audit function at KPMG and has been involved in the iGaming sector for the past 18 years.  Giles joined KPMG in 1994 and has also gained experience working with and in other KPMG offices, notably in Milan, Italy. He has built his audit career working on both local and international companies that include large group structures and listed companies. Giles currently sits on the Gaming Committee of the Malta Institute of Accountants and has been a former member of the Continuing Professional Education Committee of the same institute. He is a former lecturer in financial accounting and reporting and currently lectures in seminars organized by the Institute and KPMG on International Financial Reporting Standards and International Standards on Auditing. Furthermore, Giles has participated and contributed in a number of leading conferences within the iGaming and Technology sector.
    Adrian Muscat is Head of Finance at the Malta Gaming Authority. He joined the Authority in November 2014 as a Finance Manager. Adrian is responsible for all the financial affairs of the Authority which mainly involves its corporate financial strategy, financial planning and control, revenue assurance, tax compliance, management accounts and reporting as well as procurement.
    Adrian is an ACCA qualified accountant and holds an ICM Level 5 Diploma in Credit Management.
    Katrina Pace Bonici Mompalao holds a B.Com (Hons) degree specialising in Banking & Finance and a M.A. in Financial Services from the University of Malta. She has been working for the Malta Gaming Authority for the past six years and in her current role as Head of Regulatory Supervision she is responsible for operator financial supervision and risk-based compliance thematic reviews


    1.5 hours core


    Terms and conditions  apply


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    Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use

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