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Upcoming events

    • 14 May 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Registration is closed
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Mr John Debattista & Mr Paul Zammit
    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

    IFRS 16 is the leases standard effective from 1 January 2019, replacing IAS 17. IFRS 16 brought about significant changes in lessee accounting, abolishing the distinction between finance leases and operating leases. On the other hand, lessor accounting remains largely unchanged, meaning that the distinction between finance leases and operating leases is still required, and has a direct impact on the accounting.

    Objectives of the Session

    This three-hour session will briefly go over the basic principles of IFRS 16. However, the main purpose of this session is to illustrate these principles in a number of specific situations that could typically be encountered by IFRS preparers in practice

    Topics on the Agenda

    • Overview of IFRS 16’s general accounting provisions.
    • Determination of whether contracts contain leases.
    • Complexities in relation to the determination of the lease term.
    • Sub-lease agreements.
    • Modifications in the terms of lease agreements

    Target audience

    The training course is specifically targeted to accounting professionals and students, especially those who are pursuing or intend to pursue a career in audit or financial reporting. Attendees are expected to be comfortable with double entry and financial reporting.

    Speakers profile

    Mr John Debattista: John Debattista is a Certified Public Accountant and Registered Auditor. John is one of the founding partners at Zampa Debattista and heads the Audit and Assurance function and the firm’s IFRS Advisory Technical team.
    John lectures the Corporate modules at the final stages of the ACCA and ACA course for the ICAEW, Institute Chartered of Accountants for England and Wales. John is also a speaker in various audit and accounting seminars delivered by a number of institutes in Malta. He also lectures the Diploma in IFRS (DipIFR).
    John sits on a number of MIA committees namely, the audit, financial reporting and SMP committees.
    Mr Paul Zammit: Paul Zammit joined Zampa Debattista in January 2017. Paul graduated from the University of Malta after completing the Bachelor of Accountancy (Honours) Degree in 2008.  Paul commenced his career in audit and switched to accountancy in 2012. He spent most of his time in accountancy managing a portfolio of international clientele, before joining Zampa Debattista’s accounts department in 2017. After a few months, Paul decided to accept the internal opportunity to specialise in technical matters and increase his proficiency in reporting standards. Paul is currently involved in technical accounting and advisory assignments, whilst training and assisting internal staff and external people on IFRS technical matters

    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.


    • 18 May 2021
    • 10:00 - 11:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09.45
    Sessions Time: 10:00- 11.30
    Speaker: Mr. Chris Meilak
    Venue: Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €20
    Non-MIA Members: €40
    Retired Members: €10
    Students: €15
    *Group bookings for 3 or more participants available.

    Synopsis

    This session will focus on three main aspects:
    (a) The link between the type of credit being granted or credit review being undertaken, and the valuation exercise typically needed;
    (b) The requirements from a “Bank” perspective, with reference to the ECB/ EBA guidelines
    (c) Steps in the credit approval/ monitoring process, and their valuation implications

    Background Information 

    Credit portfolio management is a key function for financial institutions, especially banks (but also including insurers and institutional investors), with large, multifaceted portfolios of credit, often including illiquid loans. Historically, credit portfolio management was seen as merely understanding the institution’s aggregate credit risk, improve returns on those risks and identifying and managing concentrations of risk.
    The 2007 financial crisis changed the way most functions at these institutions operate and manage their credit portfolio. While the historical role of such a function remains, new regulatory requirements, especially with respect to capital and liquidity, increasing cost and margin pressure, and changed market conditions have pushed credit portfolio management into a broader role with the need to align closely with other areas, such as finance, treasury, risk data and methodology, and business-origination functions. Valuations play a key role in the various stages of credit portfolio management. The Covid-19 pandemic has further increased the focus on active credit portfolio management.

    Objectives of the session

    The objective of this session is to discuss and provide suggested answers to the following questions:
    What is the role of valuations in credit portfolio management? What type of valuations are typically needed by such financial institutions, and when are they needed within the credit portfolio management process?
    These questions will be explored in the context of various examples of situations linking valuations requests to the credit approval/ monitoring process of a typical financial institution. An overview of Covid-19 implications on both credit approval/ monitoring and valuations will also be considered.

    Topics on the agenda

    - Overview of credit portfolio management, including credit approval/ reviews, and corresponding types of valuation exercises (e.g. General credit; asset-specific credit; asset(s) as collateral, and related business/ asset valuation exercises
    - The role of valuations in pricing credit
    - Steps in credit approval/ monitoring process - Is a new valuation required? Most appropriate valuation approach/ method selection? Preferred preparation and presentation?
    - Valuations by types of assets (e.g. immovable/ movable)
    - New credit vs. annual credit review/ refinancing
    - Leveraged lending
    - Covenant conditions
    - Timing/ period of credit review
    - ‘Bank perspective’ – the requirements, including reference to specific ECB supervision/ BIS requirements on credit reviews, and EBA guidelines on loan origination and monitoring
    - Requirements for valuations by bank’s architect

    Target Audience

    This seminar is relevant for all professionals, entrepreneurs, students and anyone currently involved and interested in valuation methodologies and applications to funding and provision of finance, especially in the context of financial institutions and the capital markets.

    Speaker's Profile

    Chris Meilak is a Certified Public Accountant, Economist and Executive Director at EY Malta, leading the Valuation, Modeling and Economics sub-service line in Malta.
    Chris joined EY in 2006 and has carried out a number of assignments in relation to valuations, both in terms of preparation and review in the context of assurance engagements. Chris holds an MA in Economics and the ACCA degree, and is a Visiting Lecturer in the Department of Economics, University of Malta.

    EVENT CPE COMPETENCES

    1.5 Hours Core 

    WEBINARS 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.


    • 20 May 2021
    • 13:30 - 16:45 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 13.15
    Sessions Time: 13.30 - 16.45 including a 15-minute break
    Speaker: Dr. Robert Attard
    Venue: Online Webinar
    The seminar will discuss some legal implications of COVID 19 including especially Civil Law, Employment Law, Fundamental Human Rights, Occupational Health and Safety Law perspectives of the pandemic.
    This session will focus on the tax return for year of assessment 2021 basis year 2020.
    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.
    Synopsis
    The seminar will consist in a granular walk-through the new personal tax return released in 2021.

    Background Information


    Act VIII of 2020 provided for a an option for married couples to submit a separate return and the relevant tax return template has been recently released. With effect from year of assessment 2021, married couples will be allowed to file separate tax return. The revised legislative framework contemplated by a new Article 49A ITA provides that in a state of affairs involving a married couple living together, any of the spouses may make an election to file a separate tax return ("a separate return election"). For any year of assessment in respect of which a separate return election is effective:
    • the income of each spouse shall be charged to tax in the name of the respective spouse separately from the income of the other spouse, and each spouse shall be responsible for complying with the ITA relating to the submission of returns of his or her income and the ascertainment of that income;
    • the income of a spouse shall comprise all income derived by that spouse regardless of any right which the other spouse may have in respect of that income in virtue of the provisions of any law regulating the rights of the spouses over their property and income;
    • for the purposes of deduction rules, expenses shall be deemed to have been incurred by the spouse in whose name the relative receipt is issued, and where a receipt is issued in the joint name of the spouses, the relative expense shall be deemed to have been incurred by the spouses in equal portions; and
    • any amounts of unabsorbed losses, unabsorbed capital allowances or unabsorbed tax credits brought forward from any year of assessment preceding that as from which a separate return option becomes effective shall be accounted for in the computation of the income of the spouse in whose name the income derived from the source that had given rise to the losses, capital allowances or tax credits in question is chargeable.
    • Any unabsorbed capital loss that had been incurred in a transfer made by a spouse shall be available as a deduction from any capital gains that may be derived by that spouse, and if the transfer had been made by the spouses jointly, the unabsorbed capital loss shall be available to the two spouses in proportion to the undivided shares transferred by them respectively.
    • Subject to certain conditions, a married couple living together may revoke a separate return election by means of a notice in writing to the Commissioner

    Objectives of the session

    To take the audience through the personal tax regime implemented in 2021.

    TOPICS ON THE AGENDA

    The situation pre-2020
    The situation post-2020
    The New Return
    Guidelines (if any)

    Target Audience

    MIA members, non-members and students

    Speaker's Profile

    Robert is Partner and Tax Policy Leader, EY, Central & South East Europe, a tenured senior lecturer at the University of Malta, a fellow of GREIT and member of the European Association of Tax Law Professors. In the IBFD’s 2015-2017 General Report on the Protection of Taxpayers’ Rights he was described as a well-known authority broadly experienced in the practical protection of taxpayers’ rights and a prominent member of the legal practice. Having served as a panellist at the 2015 IFA Congress he forms part of a study group of the International Law Association on the “Protection of Taxpayers’ Rights” (co-chaired by Advocate General Juliane Kokott and Pasquale Pistone) and is also a member of the Supervisory Council of the IBFD/IFA’s “Observatory on the Protection of Taxpayers’ Rights”. He has served as Visiting Professor at the University of Ferrara paying lecturing/speaking visits at Queen Mary (University of London), CTL (University of Cambridge), Salerno (with Wirtshaftsuniversitat Wien and Naples II) and the University of Palermo. The Maltese Court of Appeal has described him as a leading commentator on tax law referring to his publications in its judgements. Robert developed a detailed knowledge of tax aspects of the European Convention on Human Rights drafting submissions in cases filed against France, the Netherlands, Bulgaria and Malta. Robert is a published author on tax law publishing articles in European Taxation, EC Tax Review and the British Tax Review. He has contributed to several publications including a book published by Hart Publishing, 3 books published by the IBFD and several books published by the MIM. Philip Baker remarks that ‘Single-handedly, Robert is generating the literature which explains the structure and nuances of the system in Malta. One wishes other countries had similar authors who could write similarly enticing books to explain their tax codes.” Robert has argued most of Malta's leading tax cases including landmark judgments John Geranzi v. PM (right to justice within a reasonable time), Zahra v. PM (non bis in idem), Farrugia v. PM (taxation as a violation of the right to property) and Case 160 of 2012 (tax transparency).

    EVENT CPE COMPETENCES

    3 Hours Core 


    WEBINARS 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.


    • 24 May 2021
    • 18:00 - 20:00 (UTC+02:00)
    • Online via ZOOM
    Register

    Be part of the Institute's EXTRAORDINARY General Meeting!

    Date & Time: monday 24 may 2021 at 18:00
    Venue: ONLINE VIA ZOOM

    REGISTRATION REQUIRED BY 23 MAY 2021


    AgendA 

    • To amend the Institute’s Statute;  and 

    • Subject to approval by members of the proposed changes, to appoint the persons nominated by Council to act as Chairperson and Deputy Chairperson of the Appeals Board and an additional 5 members to form part of the Appeals Pool.
    Documentation pertaining to the above has been forwarded to members through the EGM Notice issued on 10 May 2021.

    IMPORTANT INFORMATION  

    • Only fully-paid up members are eligible to attend the EGM.
    • Members wishing to attend the EGM, should register here by not later than 23 May. 
    • It is of great importance that the email used for registration can be accessed during the EGM as otherwise it will not be possible to join the EGM. 
    • The Zoom meeting link will be sent to you on the day of the EGM. 
    • On the day of the EGM, one is able to join 15 minutes before the scheduled start time.(i.e. 17:45). Unless for any reason beyond the Institute’s control, the EGM will start on time.

    WEBINAR TERMS AND CONDITIONS

    Terms and conditions apply.

    DISCLAIMER

    As part of this process, we will provide our video conferencing host Zoom Video Communications Inc. with your name and email address in order to generate your unique conference ID and password. By registering to this meeting you accept that MIA shall process personal data in accordance with its Privacy Notice. Please read the MIA’s Member Privacy Notice in its entirety which can be found at this link
    • 26 May 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Mr Nicholas Warren
    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

    From Ggantija to Hagar Qim, StoneHenge and the Pyramids as well as Roman infrastructure, projects have taken shape and form. Whilst such projects were huge in terms of size, they were relatively straight forward. In today's work environment, we are faced with tasks which fall outside our routine day to day operations. There are times when we form part of the bigger picture and we get ourselves involved in tasks which would have an impact on the overall performance of our organisation. Projects have become ever more complex, subject to time and resource constraints and even more stringent timelines. Many variables form part of a project, which if not managed correctly, will make or break such project and even your organisation.

    Objectives & Topics

    The aim of this session is to give you a flavour of what you need to consider when you are leading or forming part of a project team. We shall first lay down an understanding of what is project management and the role of the project manager. We shall look at the benefits and challenges and understand the lifecycle of projects and the project team. We shall look at motivation and communication, which is essential in any team matter... if your team is flat, it will not score goals. We will then conclude with an overview of risk management, planning and control from a time and cost perspective.

    Target audience

    The audience  is wide and varied as different persons from walks of life can attend.

    Speakers profile

    Nicholas Warren is a senior executive with 17+ years in the financial services industry, involved primarily in business development, client handling, strategic outlook and development of business. I have also been involved in strategic planning, project management and compliance.

    EVENT CPE COMPETENCES

    3 Hours Professional

    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.


    • 27 May 2021
    • 13:30 - 16:45 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 13.15
    Sessions Time: 13.30 - 16.45 incl 15min break
    Speaker: Dr Damian Cassar, Mr Kurt Izzo & Mr Nikos Zarpas 
    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.

    Objectives of the Session

    To make clear the distinction between electronic signatures and a digital signature; highlight the salient provisions of the eIDAS Regulation as adopted by the European Parliament and Council; the use of a specific digital signatures (the qualified electronic signature) when submitting statutory documents to the MBR; to communicate the relation between the new MBR’s system and the digitalisation initiatives launched by the European Commission

    Topics on the Agenda

    Electronic signatures, digital processes

    Target audience

    Accountants, Auditors and other professional bodies or users involved in the filing of documents with the MBR

    Speakers profile

    Dr Damian Cassar is a legal officer within the Legal and Enforcement Unit at the Malta Business Registry. He graduated with a Doctor of Laws from the University of Malta in 2017. In 2018 he was admitted to the Bar to exercise the profession of an advocate before Maltese Courts and Tribunals following more than two years of practice with one of the leading lawyers on the island. The following year, in 2019, he obtained a Professional Award in Taxation from the Malta Institute of Taxation. Currently he is reading for a Masters in Blockchain and Distributed Ledger Technologies (Law and Regulation) within the same University, focusing on aspects relating to information technology law, DLT uses and smart contracts.
    Mr Kurt Izzo is a Software Solutions Architect within the ICT Unit at the Malta Business Registry and specialises in Business Analysis and Information Systems. He was also elected as the MBR’s Employee Representative. Kurt graduated from Middlesex University with a Bachelor of Science in Internet Application Development (Hons.).He is currently heading the MBR Blockchain Project, which will automate business processes and make transactions less time-consuming, more transparent and more secure.
    Mr Nikos Zarpas is an experienced Head of ICT, leading the ICT and Blockchain MBR Strategy 2025 and National Committee for AI Implementation Strategy 2030. He is passionate about transforming technology into business-value and customer-experience, from strategy to design and its implementation. He was the person in charge for the Infrastructure Migration Project, by moving MBR’s infrastructure and make use of cutting edge Cloud technologies which improved performance and availability while decreased security risks and overall costs.

    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.


    • 2 Jun 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09.00
    Sessions Time: 09.15 - 12:30  including a 15-minute break
    Speaker: Mr Kenneth Cremona
    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

    VAT is chargeable on the supply of goods and services, the acquisition of goods from another EUmember state and the importation of goods from outside the EU. The default VAT rate is 18%,
    however there are two types of exemptions and two reduced rates of 7% and 5%. This session will
    look into the various goods and services that would be subject to rates other than the 18% rates.
    Moreover, we will also look on the impact this will have on the ability of the taxpayer to claim back
    input VAT

    Objectives of the session

    - A brief refresher on the basic VAT concepts
    - Determining the various VAT rates in the local VAT Act
    - Understanding special considerations to be taken to apply one VAT rate over another
    - The implications on input VAT and applying partial attribution

    TOPICS ON THE AGENDA

    • Brief refresher on core principles of VAT
    • Introduction on the different VAT rates and special cases
    • Looking at Exempt with Credit & special considerations
    • Looking at Exempt without Credit & special considerations
    • Input VAT implications and applying the Partial attribution
    • Worked case study emphasising the different VAT rates and input VAT validity.
    • Concluding Remarks & Discussions

    Target Audience

    Accountants and prospective accountants, tax lawyers, tax practitioners, as well as business owners and self-employed persons

    Speaker's Profile

    Kenneth Cremona graduated with a Master in Accountancy from the University of Malta in 2015.
    Kenneth joined RSM Malta in 2016, initially working on Income Tax Compliance dealing with clients
    established in multiple industries including Gaming, Immovable Property, Investments,
    Pharmaceuticals and Retail. During 2019, he specialised in VAT advisory and was promoted to an
    Assistant Manager in 2021. Kenneth is also a CPA warrant holder and received the Professional
    Certificate in Taxation issued by the Malta Institute of Taxation in 2017

    EVENT CPE COMPETENCES

    3 Hours Core 


    WEBINARS 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.


    • 3 Jun 2021
    • 13:30 - 16:45 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 13.15
    Sessions Time: 13.30 - 16.45 including a 15-minute break
    Speaker: Mr Michael Zarb & Mr Bonavent Gauci

    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


    Valuation of complex financial instruments is required for financial reporting, planning, portfolio valuations, investor reporting and shareholder transactions. The knowledge and skills needed to successfully value complex financial instruments goes beyond basic business valuation methods, approaches, and techniques.

    Objectives of the session

    This session is designed to give practitioners an understanding of the fundamentals underlying the valuation of some of the most common complex financial instruments such as financial options, options embedded within fixed income securities and other derivatives such as forward contract and swaps.

    TOPICS ON THE AGENDA

    • Eligibility to the NID, including:
    • The valuation of complex financial instruments: introduction and context
    • An introduction to the valuation of financial options
    • Valuation of fixed income instruments including the valuation of debt and embedded options
    • Valuation of other market derivatives

    Target Audience

    This session is targeted to individuals employed in the financial services industry, such as banks, insurance and asset management and auditors of such institutions as well as professionals employed with companies that make use of such complex financial instruments on a regular basis.

    Speaker's Profile

    Michael Zarb is a Director at Deloitte, specialising in valuation work and debt advisory. He is a qualified accountant and an experienced corporate finance professional. Throughout his career Michael has led various valuation assignments, ranging from valuing tangible and intangible assets for corporate reporting requirements, to valuing investments and derivatives for assisting funds produce regular NAV updates, or to assist in strategic decision making and investment appraisal, M&A activity and for tax purposes. Michael is a Chartered Accountant (ICAEW) and holds a BA (hons) from the University of Leicester and an MSc from the London School of Economics
    Bonavent Gauci  is a Deals Partner in PwC’s Advisory practice. He joined the firm in 2000 after graduating with a first-class honours Bachelor of Accountancy degree from the University of Malta. Bonavent specialises in corporate finance, valuations, strategic business advisory, mergers and acquisitions and due diligence. Over the years, he has assisted a number of clients in corporate transactions throughout the entire deal cycle. He also advised various clients in relation to fund raising including equity and bonds public listings and in the submission of applications to raise bank funding. Bonavent leads the team, which prepares independent experts’ valuations, the valuation of complex financial instruments and hard to value assets. Bonavent’s client portfolio comprises companies operating in a wide range of industries including i gaming, alternative energy, hospitality, aviation and other industries .Bonavent is an accredited PwC trainer and has delivered various training sessions to PwC staff both in Malta and overseas. He delivered various training sessions at the PwC Academy in connection with the valuation of complex financial instruments and other hard to value assets.In 2009, Bonavent graduated from Warwick Business School with distinction obtaining a Master in Business Administration specialising in corporate finance and strategic management.

    EVENT CPE COMPETENCES

    3 Hours Core 


    WEBINARS 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.


    • 9 Jun 2021
    • 13:30 - 16:45 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 13.15
    Sessions Time: 13.30 - 16.45 including a 15-minute break
    Speaker: Dr. Robert Attard
    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.

    Synopsis

    The seminar will discuss the relevance of fundamental human rights law to the accountancy profession. Local experience has shown that Fundamental Human Rights Law is extremely relevant to several areas of business law. Human Rights have been invoked in several disputes involving businesses and principles of human rights have heavily influenced the interpretation and development of business law. The seminar will discuss how fundamental human rights law impacts on Company Law, Tax Law, Regulatory Law and other laws relevant to the accountancy profession.

    Background Information

    Recent judgments of the Constitutional Court and the European Court of Human Rights articulate how Fundamental Human Rights Law are significant to business law. Authors speak of the ‘Human Rights of Companies’. In Malta, we have seen Fundamental Human Rights Law impact on the evolution of tax policy and controversy but, gradually, human rights principles are permeating the entire business law infrastructure. Issues relating to human rights are becoming more and pronounced in business disputes.

    Objectives of the session

    To introduce accountants to Human Rights law explaining the relevance of Human Rights Law to the Accountancy Profession

    TOPICS ON THE AGENDA

    Fundamental Human Rights Laws in the Constitution
    • The ECHR
    • The EU Charter
    • Local Case-Studies

    Target Audience

    MIA members, non-members and students

    Speaker's Profile

    Robert is Partner and Tax Policy Leader, EY, Central & South East Europe, a tenured senior lecturer at the University of Malta, a fellow of GREIT and member of the European Association of Tax Law Professors. In the IBFD’s 2015-2017 General Report on the Protection of Taxpayers’ Rights he was described as a well-known authority broadly experienced in the practical protection of taxpayers’ rights and a prominent member of the legal practice. Having served as a panellist at the 2015 IFA Congress he forms part of a study group of the International Law Association on the “Protection of Taxpayers’ Rights” (co-chaired by Advocate General Juliane Kokott and Pasquale Pistone) and is also a member of the Supervisory Council of the IBFD/IFA’s “Observatory on the Protection of Taxpayers’ Rights”. He has served as Visiting Professor at the University of Ferrara paying lecturing/speaking visits at Queen Mary (University of London), CTL (University of Cambridge), Salerno (with Wirtshaftsuniversitat Wien and Naples II) and the University of Palermo. The Maltese Court of Appeal has described him as a leading commentator on tax law referring to his publications in its judgements. Robert developed a detailed knowledge of tax aspects of the European Convention on Human Rights drafting submissions in cases filed against France, the Netherlands, Bulgaria and Malta. Robert is a published author on tax law publishing articles in European Taxation, EC Tax Review and the British Tax Review. He has contributed to several publications including a book published by Hart Publishing, 3 books published by the IBFD and several books published by the MIM. Philip Baker remarks that ‘Single-handedly, Robert is generating the literature which explains the structure and nuances of the system in Malta. One wishes other countries had similar authors who could write similarly enticing books to explain their tax codes.” Robert has argued most of Malta's leading tax cases including landmark judgments John Geranzi v. PM (right to justice within a reasonable time), Zahra v. PM (non bis in idem), Farrugia v. PM (taxation as a violation of the right to property) and Case 160 of 2012 (tax transparency).

    EVENT CPE COMPETENCES

    3 Hours Professional


    WEBINARS 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.


    • 10 Jun 2021
    • 13:30 - 15:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 13.15
    Sessions Time: 13.30 - 15.30 (2 Hrs with no break)
    Speaker: Mr Brandon Gatt  and Mr Matthew Zampa
    Venue: Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €28.00
    Non-MIA Members: €50.00
    Retired Members: €15.00
    Students: €20.00
    *Group bookings for 3 or more participants available.

    Background Information


    The VAT treatment of gaming supplies is regulated by guidelines issued by the Commissioner for Revenue back in 2017 and which came into effect as from 01 January 2018. Such guidelines, which according to the Malta VAT Act have the same effect as the regulations interpret the particularities of the supplies covered by the exemption as prescribed in the said Act.
    The determination of the VAT treatment of gaming transactions may be quite complex and if such transactions are not correctly analysed may eventually represent offences in terms of the Malta VAT legislation and European VAT legislation.

    Objectives of the session

    In this seminar we will be analysing gaming transactions and supplies related to gambling with a view to determining the appropriate tax treatment and highlight any compliance obligations that may arise thereof. Practical examples will be used during the course of the session.

    TOPICS ON THE AGENDA

    Nature of gaming transactions – Electronically Supplied Services or not?
    • Place of Supply
    • Exemptions
    • Input VAT Recovery / Partial Attribution
    • MOSS
    • VAT Optimization Solutions – VAT Grouping

    Target Audience

    The training course is particularly suitable for professionals, tax advisors and practitioners working in the Gaming Sector or in VAT or who are pursuing or intend to pursue a career generally in taxation and specifically in the area of indirect taxation. This session may also be applicable to financial controllers and CFOs working in the Gaming Sector.

    Speaker's Profile

    Brandon Gatt: A Certified Public Accountant in possession of an ACCA degree, has been in the profession for the past six years. He has been involved in VAT and accounting assignments both within and outside of Malta. Brandon has been specialising in VAT since 2016 and is currently leading the VAT Compliance division at Zampa Debattista.

    In a relatively short period, Brandon has acquired the necessary experience vital to handling an ever-growing portfolio of diverse clients, operating within various sectors of the economy. Back in June 2017, he attended an intensive course in France, provided by VAT Forum; a partnership of International VAT experts, where he was provided with intensive training on the Articles of the EU VAT directive 2006/112/EC. He is now reading for the EU VAT Expert Degree.

    Matthew ZampaCo-Founding Partner, has been specializing in VAT since 2008 and has been involved in VAT assignments both within and outside Malta. He is a member of the Malta Institute of Accountants and the Malta Institute of Taxation and is respectively a member of the MIA Tax Committee and MIT Indirect Tax Committee, apart from part-time lecturing on VAT at both institutions. Last year, Matthew successfully completed the “Expert in EU VAT” degree which is administered and awarded by the VAT Forum, an international partnership of indirect tax specialists, established in Belgium.

    EVENT CPE COMPETENCES

    2 Hours Core 


    WEBINARS 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.


    • 15 Jun 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Mr Saviour Bezzina
    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

    This session is intended for those practitioners who want to get up to speed with what was happening in the VAT sphere during the past year and what is expected to happen in the coming months/years both from a domestic and international perspective (including VAT Quick Fixes 2020, COVID Measures 2020/2021, VAT e-Commerce Package 2021 etc.) . The session will also cover a review of the main ECJ cases decided during this period and their respective VAT implications. Communication will be encouraged throughout the whole course and practical examples will be discussed in a user friendly manner.

    Objectives of the Session

    The session will discuss recent and upcoming changes to the VAT and related legislation, including background information and explanation of other provisions which are connected to the said changes for a better understanding of the implications emerging from such changes. The session will also cover an overview of EU VAT Developments. Participants will be encouraged to raise any queries they might have in connection with the implementation of the said changes and also the respective VAT implications.

    Topics on the Agenda

    • VAT Quick Fixes 2020
    • COVID Measures 2020/2021
    • VAT e-Commerce Package 2021
    • Budget Updates
    • ECJ Case Law

    Target audience

    This session is intended for those practitioners, professionals, students and accounting staff who want to keep abreast with what was happening in the VAT sphere during the past year and what is expected to happen in the coming months/years both from a domestic and international perspective in order to ensure that the VAT treatment being applied is the correct one in line with the most recent changes and interpretations.

    Speakers profile

    Saviour Bezzina is a Senior Manager responsible for indirect tax matters at the EY Malta office and forms part of EY’s Global Indirect Tax Network as a local knowledge contact. He joined EY in July 2006 after obtaining the Bachelor of Accountancy (Hons.) from the University of Malta. He is a member of the Malta Institute of Accountants, holds a Diploma in VAT compliance and lectures regularly on VAT and indirect tax matters. Saviour Bezzina is a Senior Manager responsible for indirect tax matters at the EY Malta office and forms part of EY’s Global Indirect Tax Network as a local knowledge contact. He joined EY in July 2006 after obtaining the Bachelor of Accountancy (Hons.) from the University of Malta. He is a member of the Malta Institute of Accountants, holds a Diploma in VAT compliance and lectures regularly on VAT and indirect tax matters. Saviour was awarded the 2007 MIA prize as the best student who graduated in the Bachelor of Accountancy (Hons) Degree Course Group 2004/2006.

    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.


    • 17 Jun 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Ms Joanna Azzopardi

     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

    With life expectancy constantly increasing, our life in retirement is becoming longer. The state pension is inadequate, therefore the need to save towards a sustainable pension is now crucial. Private pension plans were introduced in Malta in 2015 where individuals who contribute towards a personal pension plan may benefit from a tax credit. In a drive to encourage personal savings the tax credit was increased to 25% in 2019 and in 2021 the threshold for the contribution was further increased. A number of tax benefits were introduced in 2017, paving the way for the introduction of voluntary occupational pension schemes in Malta. These tax benefits are aimed to encourage both employers and employees to contribute into an approved and qualifying voluntary occupational pension scheme.

    Objectives of the Session

    To understand how an individual may benefit from a tax credit and build a financial cushion for the future, when saving into a personal pension plan.

    To understand how a voluntary occupational pension scheme, with the various tax benefits that it offers, may help employers retain quality employees and attract new talent, to become an ‘employer of choice’.  

    Topics on the Agenda

    • The Pension Challenge
    • Three Pillar Pensions
    • Taxation – EET System
    • Income Options at Retirement Date
    • Personal Pension Plans: With Profits vs Unit-Linked
    • Voluntary Occupational Pension Schemes: Features & Benefits

    Target audience

    Individuals who may wish to know more on how they can save to build a pension pot that would help them sustain their lifestyle, even at retirement. Employers who value their employees and may wish to start an occupational pension scheme for their employees to help them sustain their well-being in the future.

    Speakers profile

    Joanna Azzopardi joined Jesmond Mizzi Financial Advisors Limited in April 2018 as Business Development Manager and in 2021 she was appointed Insurance and Pensions Manager. Prior to joining the Company, she worked for over eighteen years within the marketing and business development units of the leading life insurance company in Malta and was responsible for managing and training the salesforce. She obtained her Masters in Integrated Marketing Communications in 2008. She is a bachelor of commerce graduate and obtained an honour’s degree in Banking and Finance from the University of Malta in 1999. Joanna is responsible for the provision of insurance products with a particular focus on long term capital guaranteed products and pensions, including workplace pensions. In her previous roles she was involved in the development of new products and services and responsible for initiating, implementing and monitoring corporate and product campaigns.

    Claire Portelli joined Jesmond Mizzi Financial Advisors Limited in February 2021 as Insurance Officer. Prior to joining the Company, she worked for over two decades with a local bank mainly on the front line, providing professional customer service to both corporate and personal clients. This was followed by a short period in regulatory compliance. Having worked also in sales in an international pensions environment, she transports years of retail banking, investment advice and pension planning experience to the company. Claire completed a Diploma in Management from the University of Leicester in 2010. Her CeFA qualification was awarded by the Institute of Financial Services in 2004. Claire is responsible to initiate, develop and retain long term relationships with customers in the acquisition of personal and workplace pensions and other tax efficient products.

    EVENT CPE COMPETENCES

    2.5 Hours Professional
    0.5 Hours 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.


    • 22 Jun 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Dr Rakele Cini
    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

    On 10 March 2021, the FIAU issued a Consultation Document with proposed changes to the FIAU Implementing Procedures Part I applicable to all Maltese subject persons. The proposals touch upon various obligations of subject persons, including clarifications on ongoing monitoring, simplified due diligence, adverse media, who can be appointed as Money Laundering Reporting Officer and conflicting roles, changes in relation to Designated Employees, how subject persons are to carry out a jurisdiction risk assessment, and others.

    Objectives of the Session

    To walk through the proposed changes being put forward by the FIAU and put these into perspective as to what impact these may have on different subject persons.

    Topics on the Agenda

    • The role of the FIAU
    • A brief history of the recent updates to the Implementing Procedures Part I
    • The Proposals put forward in 2021 to update the Implementing Procedures Part I applicable to all subject persons

    Target audience

    • Sole Practitioners
    • Employees tasked with onboarding and ongoing monitoring of customers
    • All subject persons, their directors, MLROs, designated employees, compliance officers

    Speakers profile

    Dr Rakele Cini is an independent legal consultant with many years of experience in AML/CFT, regulatory and compliance advisory. She primarily advises local & international firms / practitioners operating within the regulated industries on matters relating to the prevention of money laundering & funding of terrorism, due diligence, risk management, good governance, and other compliance areas. She is invited to lecture regularly by private institutions and regulatory bodies on these topics. She was previously head of Risk & Compliance at BDO Malta and, prior to that, formed part of the practice protection group at Deloitte Malta for numerous years. Rakele is a committee member of the PMLFT sub-committee at the Malta Institute of Accountants and the Institute of Financial Services Practitioners

    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.


    • 23 Jun 2021
    • 13:30 - 16:45 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 13.15
    Sessions Time: 13.30 - 16.45 including a 15-minute break
    Speaker: Mr Saviour Bezzina
    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.

    SYNOPSIS

    The scope of the session is to go through the main VAT Risks which a taxable person may be exposed to by not fulfilling the numerous VAT commitments/obligations, what would happen if such obligations are not fulfilled, and ways how to ensure that such risks are prevented or at least mitigated and reduced as much as possible. The session will first analyse in detail the main VAT risks which might lead to negative consequences if the applicable VAT provisions are not fulfilled. It will then proceed with identifying and determining which consequences (penalties/interest/assessments) will be applicable when the applicable VAT provisions are not adhered to properly and why (including references to the various parts of the legislation which list down when such consequences are triggered and the applicable conditions). Finally the session will conclude with discussing practical tips and actions which may be taken by involved parties with a view to ensure that such VAT risks are minimised as much as possible.

    Background Information


    The Maltese VAT Act provides for various punitive measures (penalties, interest, assessments etc.) to be imposed/issued in the eventuality that taxable persons fail to adhere with the various provisions of the Maltese VAT Act. Whilst certain VAT risks some practitioners are quite aware of, it often happens that one is not fully aware of other material VAT risks especially in new/one-off scenarios when one comes across new types of transactions, new client types, new set-ups, new companies, incorrect/late VAT returns, incorrect/late invoices, VAT inspections and similar situations.

    Objectives of the session

    The scope of the session is to first analyse in detail the main VAT risks which might lead to negative consequences if the applicable VAT provisions are not fulfilled. The session will then proceed with identifying and determining which consequences (penalties/interest/assessments) will be applicable when the applicable VAT provisions are not adhered to properly and why (including references to the various parts of the legislation which list down when such consequences are triggered and the applicable conditions). Finally the session will discuss practical tips and actions which may be taken by involved parties with a view to ensure that such VAT risks are minimised as much as possible.

    TOPICS ON THE AGENDA

    • VAT Risks (including risks pertaining to VAT Treatment, VAT Registrations, VAT Claimability, VAT Forms etc.)

    VAT Consequences (Penalties, Interest, Assessments)

    • Practical Tips and Actions to minimise such VAT risks

    Target Audience

    Professionals, Practitioners and other accounting staff members dealing with all VAT related issues including the determination of the vat treatment, handling of VAT invoices and other documentation, compilation and filing of vat returns and VAT payments

    Speaker's Profile

    Saviour Bezzina is a Senior Manager responsible for indirect tax matters at the EY Malta office and forms part of EY’s Global Indirect Tax Network as a local knowledge contact. He joined EY in July 2006 after obtaining the Bachelor of Accountancy (Hons.) from the University of Malta. He is a member of the Malta Institute of Accountants, holds a Diploma in VAT compliance and lectures regularly on VAT and indirect tax matters. Saviour Bezzina is a Senior Manager responsible for indirect tax matters at the EY Malta office and forms part of EY’s Global Indirect Tax Network as a local knowledge contact. He joined EY in July 2006 after obtaining the Bachelor of Accountancy (Hons.) from the University of Malta. He is a member of the Malta Institute of Accountants, holds a Diploma in VAT compliance and lectures regularly on VAT and indirect tax matters. Saviour was awarded the 2007 MIA prize as the best student who graduated in the Bachelor of Accountancy (Hons) Degree Course Group 2004/2006.

    EVENT CPE COMPETENCES

    3 Hours Core 


    WEBINARS 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.


    • 30 Jun 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09:00
    Sessions Time: 09.15 - 12:30 (including a 15 minute coffee break)
    Speakers: Ms Rachel Falzon


    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

    The challenges to businesses pre-date Covid but have we been building and/or remodelling organisations to be built for change and any other Black Swans we may face in future? This session concentrates on what to keep in mind when rethinking organisational change.

    objective of the session

    By the end of the course, participants will have better insights into some outdated management practices that are no longer fit for purpose and what can be done to futureproof organisations going forward in terms of organisation design, reporting, giving feedback and capability-building.

    Topics on the agenda

    • Insights into how and why organisations have changed
    • Do we need to rethink the hierarchical organisation model?
    • Is a team-based organisational design a better solution?
    • Capabilities organisations will need to be able to thrive in the future
    • New models of leadership

    TARGET AUDIENCE

    Business and HR leaders, managers and anyone interested in futureproofing their organisation

    SPEAKER'S PROFILE

    Rachel Falzon holds an MBA from Henley Business School, University of Reading with a specialisation in HR. She has held positions as Director of Studies, Business Development and Communications Manager, Strategic HR Consultant, Change Management specialist and Advisory Manager with one of the Big Four.
    She is the founder of ReWired HR Consultants. She focuses on HR, learning and development interventions and Change Management with a view to empowering people and futureproofing organisations to become more resilient in the face of modern day challenges and digital disruption.

    EVENT CPE COMPETENCES

    3 Professional

    Webinars 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.


    • 1 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Mr Steve Giles
    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.

    SYNOPSIS & OBJECTIVES

    Risk management is an integral part of corporate governance - all businesses need to manage risk if they are to achieve sustainable success. The Covid-19 pandemic provides an extreme test of the capabilities of directors and senior executives because of the threats it poses to the business model and going concern of so many businesses. There are obvious threats from the pandemic but also opportunities - this course looks at both.
    Delegates will learn about recent changes in corporate governance best practices and how this new direction of travel affects SMEs. They will also understand modern risk management techniques and how directors and senior executives can use them to achieve their business objectives. Finally, the course uses examples to highlight some of the key changes brought about by the pandemic - changes both to business practices and to the perceptions of stakeholders. These changes are likely to have a long-term impact on reputation and resilience.

    TOPICS ON THE AGENDA

    • Overview of corporate governance
    • The key divers to improve board performance
    • Understanding risk governance
    • Using risk management techniques to add value to your business
    • Covid-19 - managing high impact risk and improving resilience
    • Culture, behaviour and reputation
    • The likely long-term effects of Covid-19 on board practices

    Target Audience

    Accountants and auditors; executive and non-executive directors; risk managers; government officers; responsible professionals

    Speaker's Profile

    Steve Giles is a chartered accountant with over 25 years’ experience in managing financial crime risk. He gained wide-ranging forensic experience with Deloitte, including managing the Polly Peck investigation. After leaving Deloitte, Steve set up and ran two companies, working with executives in the UK, Europe and the US to achieve successful outcomes to problem situations. Now an independent consultant, Steve continues to advise clients and runs governance, compliance and risk management programmes around the world. He is part of the lecturing faculty at the London Stock Exchange, the Institute of Directors and the ACCA. He lectures on all aspects of governance and financial crime risk and is much in demand at conferences, workshops and training events for his authoritative presentations on topics such as governance & ethics, fraud & bribery and corruption, anti-money laundering and risk & resiliency. Steve holds an MA from Christ Church Oxford. He is a Guest Lecturer at Royal Holloway, University of London. He is a regular contributor to ACCA’s AB Magazine and is the author two books: “Managing Fraud Risk” and “The Business Ethics Twin-Track”, both published by John Wiley & Sons in 2012 and 2015 respectively.

    EVENT CPE COMPETENCES

    3 Hours Core


    WEBINARS 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.


    • 2 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    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.


    • 6 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    Registration Time: 09:00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Mr Georges Xuereb
    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

    IFRS 16 introduced a single, on-balance sheet accounting model for lessees replacing previous leases guidance including IAS 17 Leases and IFRIC 4 Determining whether any arrangement contains a lease. A lessee recognises a right-of-use asset representing its right to use the underlying asset and a lease liability representing its obligation to make lease payments. There are optional exemptions for short-term leases and leases of low value items. Lessor accounting remains similar to the current standard – i.e. lessors continue to classify leases as finance or operating leases

    Objectives of the Session

    By the end of the training session the participants will obtain an understanding of (i) the impact IFRS 16 has brought on the balance sheet and in profit or loss, and (ii) the measurement of the lease liability and the corresponding right-of-use asset in terms of the provisions of the standard.

    Topics on the Agenda

    • IFRS 16 Leases

    Target audience

    Practitioners in industry, students and all those in the profession.

    Speakers profile

    Georges Xuereb is a Certified Public Accountant and forms part of the Accounting Advisory Services team at KPMG Malta, holding the role of a Senior Manager and providing technical IFRS advice and assistance to local and foreign clients operating in various industries. Georges also delivers technical training on IFRS matters internally and to his clients, and lectures the Financial Reporting (FR) and Strategic Business Reporting (SBR) modules which form part of the ACCA qualification.

    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.


    • 8 Jul 2021
    • 09:15 - 12:00 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.00 incl 15min break
    Speaker: Ms Samantha Cuyle
    Venue: Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €35.00
    Non-MIA Members: €65.00
    Retired Members: €17.00
    Students: €25.00
    *Group bookings for 3 or more participants available.

    Background Information

    In recent years, the crypto-asset sector has seen significant growth, with various international organisations contributing to the development of a regulatory framework applicable to the sector. This session will focus on the recent developments of AML/CFT regulation within the crypto-asset sector.

    Objectives of the session

    The session will provide an outline of the anti-money laundering framework applicable to crypto-assets at both the global and EU levels. Furthermore, the session will cover the AML/CFT risks linked to crypto-assets, including AML/CFT typologies of crypto-assets and provide an overview of the local framework applicable to operators within the crypto-asset sector.

    TOPICS ON THE AGENDA

    • International standards on the application of AML/CFT requirements to crypto-assets and crypto-asset        service providers, including the fifth AML Directive and FATF guidance
    • National AML/CFT legislation applicable to the crypto-asset sector
    • Crypto-asset AML/CFT risks and typologies

    Target Audience

    MIA members, non-members and students

    Speaker's Profile

    Samantha Cuyle is an Analyst within the Malta Financial Services Authority's Virtual Financial Assets Supervision Function. She holds a Bachelor of Commerce (Hons) degree in Banking and Finance from the University of Malta and is a certified Anti-Money Laundering Specialist (CAMS).

    EVENT CPE COMPETENCES

    2.5 Hours Core


    WEBINARS 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.


    • 9 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    Registration Time: 09.00
    Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Ms Sonia Brahmi
    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

    Financial institutions are facing growing and persistent queries for more transparency from tax authorities. The launch of FATCA and CRS is aimed at creating increased tax transparency in the context of offshore investments. This launch entailed the introduction of global automatic exchange of information regimes, whereby over 100 jurisdictions are now obtaining information from their financial institutions for further transmission to other participating jurisdictions, automatically and on an annual basis. Financial institutions are key actors in FATCA and CRS and hence they are subject to specific registration, due diligence and reporting obligations in their country of residence. Maltese financial institutions are required to participate in these reporting regimes and must comply with the Maltese FATCA and CRS implementing legislation.

    Objectives of the Session

    This training session aims at exploring the requirements of  (i) the Hiring Incentives to Restore Employment (HIRE) Act of 18 March 2010 commonly referred to as the Foreign Account Tax Compliance Act (“FATCA”), as implemented in Maltese law, and (ii) the Common Reporting Standard (“CRS”) as implemented in Maltese law, from a practical perspective.

    Topics on the Agenda

    1. Refresher – The Theory (with a pinch of practice)
    - History and Background
    - Definitions and classifications
    - Due diligence rules, timelines
    - Reporting
    2. A (very) practical application
    Choosing the right status for your entities
    - Exercise: FFI or NFFE?
    - Exercise: classify trusts structures
    CRS and FATCA forms
    - Completion of W-9, W-8BEN and W-8BEN-E forms, other forms
    - Zoom on Reporting Model 1 FFI, Active NFFE and Passive NFFE
    - Completion of some examples
    CRS and FATCA reports
    - The FATCA & CRS report format and components
    - Zoom on GIIN and TIN specifications
    Production of CRS and FATCA reports (practical cases)
    - Identification of a reportable account under FATCA & CRS
    - Filing of a Nil report
    - Filing of FATCA & CRS reports (Initial and Correction reports)

    Target audience

    Tax  practitioners, Legal Advisors, Accountants, Compliance Managers and Officers, MLROs, Business Managers and supporting employees 

    Speakers profile

    Sonia Brahmi is the Legal Executive at MJM Europe. She specialises in tax transparency and international taxation, advising financial institutions on the implementation of the FATCA-IGA and CRS regulations as well as the legislations implementing ATAD I/II and DAC6. She provides staff training, advises on implementation programmes and reporting, and provides health-check services. Sonia graduated from the Universities Paris XI and Paris II Pantheon-Assas, specialising in business law and obtained a Master’s degree in taxation and corporate law at the University of Orléans in 2008. She also read for the Master of Arts in Financial Services at the University of Malta and submitted a thesis on the “Recent Developments in the move towards more global transparency and enhanced mutual assistance in direct tax matters”. She practiced international corporate tax law in France and Malta. Since 2015, Sonia has been focusing on tax transparency and practiced in Jersey and in Malta.

    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.


    • 12 Jul 2021
    • 10:00 - 11:00 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    Registration Time: 09:45
    Sessions Time: 10.00 - 11.00 
    Speaker: Mr Georges Xuereb
    Venue: Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €15.00
    Non-MIA Members: €25.00
    Retired Members: €10.00
    Students: €10.00
    *Group bookings for 3 or more participants available.

    Background Information

    IFRS 8 Operating Segments requires entities with publicly traded securities to disclose information about their operating segments, products and services, the geographical areas in which they operate, and their major customers. Information is based on internal management reports, both in the identification of operating segments and measurement of disclosed segment information.

    Objectives of the Session

    By the end of the training session the participants will obtain an understanding of the information to be disclosed in terms of IFRS 8 to enable users of the financial statements to evaluate the nature and financial effects of the business activities an entity engages in and the economic environments in which it operates.

    Topics on the Agenda

    • IFRS 8 Operating Segments

    Target audience

    Practitioners in industry, students and all those in the profession.

    Speakers profile

    Georges Xuereb is a Certified Public Accountant and forms part of the Accounting Advisory Services team at KPMG Malta, holding the role of a Senior Manager and providing technical IFRS advice and assistance to local and foreign clients operating in various industries. Georges also delivers technical training on IFRS matters internally and to his clients, and lectures the Financial Reporting (FR) and Strategic Business Reporting (SBR) modules which form part of the ACCA qualification.

    EVENT CPE COMPETENCES

    1 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.


    • 13 Jul 2021
    • (UTC+02:00)
    • 20 Jul 2021
    • (UTC+02:00)
    • 2 sessions
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face.
    Registration Time: 09:00
    Sessions Time: 09.15 - 12:30 (including a 15 minute coffee break)
    Speakers: Ms Oriana Abela, Ms Jessica Borg & Mr Michael J Aguis
    Venue: Online Webinar
    Participation Fees (The Institute is now accepting payments via Paypal)
    MIA Members: €70.00
    Non-MIA Members: €145.00
    Retired Members: €35.00
    Students: €55.00
    *Group Bookings do not apply.

    BACKGROUND INFORMATION

    A thorough analysis of a target company should always be carried out prior to a final decision on the acquisition of such target. A similar approach should be taken in the event of a merger with an unrelated third party. The said analysis should be as comprehensive as possible, covering legal, regulatory, tax, financial, accounting, operational and any other aspect which may relate to the particular activities of the target company.

    objective of the session

    Objectives of this session – The agenda will be tackled over the span of two sessions. Firstly, non-financial considerations will be explored and thereby the legal, regulatory and tax aspects of the mergers and acquisitions (M&A) process will be discussed. The second session will delve into the financial and accounting aspects. Attendees will be able to explore the different steps involved and the thought process underlying the whole transaction, from the valuation of the target company to calculation of goodwill post transaction. Practical scenarios will be shared with attendees, identifying examples where changes to the systematic approach adopted would need to be introduced in view of the particular attributes of the target company. Following the session, attendees will be able to better understand the M&A process, the steps involved and the various implications to be considered.

    Topics on the agendA

    •Explore the M&A process and steps involved including overview of steps and methodology involved in carrying out vendor and/or buy side due diligence
    •Analyse the considerations to be made for a legal and regulatory due diligence to be carried out including considerations emanating from corporate and employment law, contracts executed by the target, any other legislation or set of rules that might apply to the target taking into account any licenses or specific authorisations, etc
    •Similarly, delve into an analysis of the financial aspects of the due diligence exercise and its implications on the purchase price
    •Discuss the valuation (estimate) of business required to understand purchase price of business including an overview of the valuation mechanisms
    •Consider briefly the areas of taxation to be taken into account
    •Implications relevant for a prospective share purchase agreement (SPA)
    •Compiling completion accounts
    •Calculation of goodwill including purchase price allocation exercise
    •Overview of impairment testing conducted on an annual basis post transaction

    TARGET AUDIENCE

    Professionals who assist on M&A transactions (lawyers, financial advisors, accountants, etc); in-house counsel responsible for vetting of target companies; management and team members of companies intending to engage in a prospective M&A transaction, and any other person interested in an M&A process.

    SPEAKER'S PROFILE

    Jessica Borg: Jessica pursued her studies at the University of Malta first obtaining a Bachelor of Laws with Italian, followed by a Diploma of Notary Public and subsequently, graduating as a Doctor of Laws submitting a thesis in the field of contract law. Jessica then read for her Master of Arts in Financial Services degree at the University of Malta, in the pursuance of which she completed study units relating to securities regulation including funds, securities markets, the regulation of banking, EU financial services law, advanced company law matters, and the local legal framework of financial services, among others.
    Further to the conferment of the Master of Arts in Financial Services degree obtaining a Magna Cum Laude, Jessica was awarded the GM Corporate and Fiduciary Services Limited Prize for the best dissertation in financial services. Her dissertation is entitled ‘The Use of Distributed Ledger Technology and Smart Contracts in the Financial Services Industry: Legal Implications and Possible Applications’.
    Jessica has delivered training on various topics including capital markets, regulated industries, corporate governance, prevention of market abuse, blockchain and the virtual financial assets framework which regulates the issuance of cryptoassets in or from Malta. She is also currently reading a Master of Science in Blockchain and Distributed Ledger Technologies (Law and Regulation) at the University of Malta. As part of the said MSc, she is currently following study units on EU IT Law including an extensive analysis of the General Data Protection Regulation (GDPR) and all relevant local laws, rules, regulations and EU case-law which directly or indirectly relate to privacy and data protection. Jessica has also successfully obtained a Foundation Certificate in Trusts Law and Management.
    After a two year experience practicing with a local law firm specialising in the civil, commercial and private law service lines, Jessica joined Grant Thornton in 2015 focusing predominantly on the capital markets, fintech, digital assets, blockchain, innovation, financial services, corporate, trusts, compliance, capital markets, regulatory and licensing fields. She was responsible for the drafting of various contracts relating to the same areas, providing legal support for the set-up of various investment services vehicles, carrying out legal and regulatory due diligence on regulated entities, assisting with the drafting of public offering documentation, advising on corporate restructuring and regulatory compliance, drafting of license applications in the financial services sector, providing support of a legal and regulatory nature to licensed companies, and works alongside the tax and advisory teams providing legal input for projects and business plans.
    Jessica is a designated person in terms of the Virtual Financial Assets Act.
    Jessica is also a member of the Malta Chamber of Advocates.
    Oriana Abela: Oriana is a Partner at Grant Thornton engaged in the Transaction Advisory Services, a department specialising in corporate finance. She holds an honours degree in Accountancy from the University of Malta and is also ACCA qualified. In 2013, Oriana graduated from the University of Wales with distinction obtaining a Master in Finance, specialising in Mergers and Acquisitions.
    Within the firm Oriana leads the capital markets division together with the due diligence division within the advisory practice. Consequently, she have taken a leading role in admitting clients to Prospects MTF, a multi-trading facility of the Malta Stock Exchange, whereby she have raised a total of €36 million for eight clients over the past three years, and a further Notes issue of €10 million on IFSM. Oriana acts as corporate advisor to nine clients admitted on Prospects MTF by monitoring for the duration that the equity/debt is admitted to Prospects MTF. Oriana also heads local and cross border vendor and buy-side due diligence assignments for clients operating in various sectors, as well as due diligence assignments relating to clients when raising funding (the financial due diligence report addressed to the MFSA). With respect to the due diligences, Oriana managed several buy-side due diligence for clients operating in the telecommunications industry, banking/stock broking industry, real estate industry, automobile industry and transportation industry and has assisted clients throughout the merger/acquisition process including the preparation of financial projections and business plans.
    Prior to joining Grant Thornton in 2015, Oriana worked at two leading Big 4 companies in Malta, whereby she was involved in a variety of corporate finance engagements, including but not limited to buy-side and vendor cross-border due diligence assignments, purchase price allocation assignments, merger and acquisition transactions, raising of finance on the stock market, feasibility studies/financial projections, debt restructuring, strategic review, valuations of business and equity share capital, impairment review/assessment in relation to investment properties owned by various companies in Malta and review of the pension provision and assistance with any necessary settlement offers. Oriana has also managed cross-border due diligences, both when foreign companies acquired Maltese companies, as well as a foreign companies during her secondment in Milan.
    Michael J Agius: Michael holds a Bachelor (Hons.) in Economics from the University of Malta and is also a qualified accountant after completing his ACCA qualification in 2016. In 2018, Michael also completed, with High Honours, the Advanced Valuation Certificate from New York University – Leonard N. Stern School of Business taught by Professor Aswath Damodaran.
    As a senior manager at Grant Thornton, Michael specialises in valuations, whereby he has taken an active role in leading the business, asset, intangible and real estate valuations team. Since joining Grant Thornton in 2014, Michael was involved in a variety of other corporate finance engagements including but not limited to raising of finance, due diligences, debt restructuring, impairment reviews, risk and scenario stress testing analysis and financial modelling and preparation of financial projections. As a result he has serviced a varied portfolio of clients in the private and public sector in industries ranging from hospitality, healthcare, real estate, retail, renewable energy, and information technology.
    Michael has also delivered training sessions in valuations at the Malta Stock Exchange, Grant Thornton employees and external organisations, as well as other training such as excel, risk sensitivities and financial modelling.

    EVENT CPE COMPETENCES

    6 Core

    Webinars 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.


    • 13 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Registration Time: 09:00
    Sessions Time: 09.15 - 12:30 (including a 15 minute coffee break)
    Speakers: Ms Oriana Abela, Ms Jessica Borg & Mr Michael J Aguis


    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

    BACKGROUND INFORMATION

    A thorough analysis of a target company should always be carried out prior to a final decision on the acquisition of such target. A similar approach should be taken in the event of a merger with an unrelated third party. The said analysis should be as comprehensive as possible, covering legal, regulatory, tax, financial, accounting, operational and any other aspect which may relate to the particular activities of the target company.

    objective of the session

    Objectives of this session – The agenda will be tackled over the span of two sessions. Firstly, non-financial considerations will be explored and thereby the legal, regulatory and tax aspects of the mergers and acquisitions (M&A) process will be discussed. The second session will delve into the financial and accounting aspects. Attendees will be able to explore the different steps involved and the thought process underlying the whole transaction, from the valuation of the target company to calculation of goodwill post transaction. Practical scenarios will be shared with attendees, identifying examples where changes to the systematic approach adopted would need to be introduced in view of the particular attributes of the target company. Following the session, attendees will be able to better understand the M&A process, the steps involved and the various implications to be considered.

    Topics on the agendA

    •Explore the M&A process and steps involved including overview of steps and methodology involved in carrying out vendor and/or buy side due diligence
    •Analyse the considerations to be made for a legal and regulatory due diligence to be carried out including considerations emanating from corporate and employment law, contracts executed by the target, any other legislation or set of rules that might apply to the target taking into account any licenses or specific authorisations, etc
    •Similarly, delve into an analysis of the financial aspects of the due diligence exercise and its implications on the purchase price
    •Discuss the valuation (estimate) of business required to understand purchase price of business including an overview of the valuation mechanisms
    •Consider briefly the areas of taxation to be taken into account
    •Implications relevant for a prospective share purchase agreement (SPA)
    •Compiling completion accounts
    •Calculation of goodwill including purchase price allocation exercise
    •Overview of impairment testing conducted on an annual basis post transaction

    TARGET AUDIENCE

    Professionals who assist on M&A transactions (lawyers, financial advisors, accountants, etc); in-house counsel responsible for vetting of target companies; management and team members of companies intending to engage in a prospective M&A transaction, and any other person interested in an M&A process.

    SPEAKER'S PROFILE

    Jessica Borg: Jessica pursued her studies at the University of Malta first obtaining a Bachelor of Laws with Italian, followed by a Diploma of Notary Public and subsequently, graduating as a Doctor of Laws submitting a thesis in the field of contract law. Jessica then read for her Master of Arts in Financial Services degree at the University of Malta, in the pursuance of which she completed study units relating to securities regulation including funds, securities markets, the regulation of banking, EU financial services law, advanced company law matters, and the local legal framework of financial services, among others.
    Further to the conferment of the Master of Arts in Financial Services degree obtaining a Magna Cum Laude, Jessica was awarded the GM Corporate and Fiduciary Services Limited Prize for the best dissertation in financial services. Her dissertation is entitled ‘The Use of Distributed Ledger Technology and Smart Contracts in the Financial Services Industry: Legal Implications and Possible Applications’.
    Jessica has delivered training on various topics including capital markets, regulated industries, corporate governance, prevention of market abuse, blockchain and the virtual financial assets framework which regulates the issuance of cryptoassets in or from Malta. She is also currently reading a Master of Science in Blockchain and Distributed Ledger Technologies (Law and Regulation) at the University of Malta. As part of the said MSc, she is currently following study units on EU IT Law including an extensive analysis of the General Data Protection Regulation (GDPR) and all relevant local laws, rules, regulations and EU case-law which directly or indirectly relate to privacy and data protection. Jessica has also successfully obtained a Foundation Certificate in Trusts Law and Management.
    After a two year experience practicing with a local law firm specialising in the civil, commercial and private law service lines, Jessica joined Grant Thornton in 2015 focusing predominantly on the capital markets, fintech, digital assets, blockchain, innovation, financial services, corporate, trusts, compliance, capital markets, regulatory and licensing fields. She was responsible for the drafting of various contracts relating to the same areas, providing legal support for the set-up of various investment services vehicles, carrying out legal and regulatory due diligence on regulated entities, assisting with the drafting of public offering documentation, advising on corporate restructuring and regulatory compliance, drafting of license applications in the financial services sector, providing support of a legal and regulatory nature to licensed companies, and works alongside the tax and advisory teams providing legal input for projects and business plans.
    Jessica is a designated person in terms of the Virtual Financial Assets Act.
    Jessica is also a member of the Malta Chamber of Advocates.
    Oriana Abela: Oriana is a Partner at Grant Thornton engaged in the Transaction Advisory Services, a department specialising in corporate finance. She holds an honours degree in Accountancy from the University of Malta and is also ACCA qualified. In 2013, Oriana graduated from the University of Wales with distinction obtaining a Master in Finance, specialising in Mergers and Acquisitions.
    Within the firm Oriana leads the capital markets division together with the due diligence division within the advisory practice. Consequently, she have taken a leading role in admitting clients to Prospects MTF, a multi-trading facility of the Malta Stock Exchange, whereby she have raised a total of €36 million for eight clients over the past three years, and a further Notes issue of €10 million on IFSM. Oriana acts as corporate advisor to nine clients admitted on Prospects MTF by monitoring for the duration that the equity/debt is admitted to Prospects MTF. Oriana also heads local and cross border vendor and buy-side due diligence assignments for clients operating in various sectors, as well as due diligence assignments relating to clients when raising funding (the financial due diligence report addressed to the MFSA). With respect to the due diligences, Oriana managed several buy-side due diligence for clients operating in the telecommunications industry, banking/stock broking industry, real estate industry, automobile industry and transportation industry and has assisted clients throughout the merger/acquisition process including the preparation of financial projections and business plans.
    Prior to joining Grant Thornton in 2015, Oriana worked at two leading Big 4 companies in Malta, whereby she was involved in a variety of corporate finance engagements, including but not limited to buy-side and vendor cross-border due diligence assignments, purchase price allocation assignments, merger and acquisition transactions, raising of finance on the stock market, feasibility studies/financial projections, debt restructuring, strategic review, valuations of business and equity share capital, impairment review/assessment in relation to investment properties owned by various companies in Malta and review of the pension provision and assistance with any necessary settlement offers. Oriana has also managed cross-border due diligences, both when foreign companies acquired Maltese companies, as well as a foreign companies during her secondment in Milan.
    Michael J Agius: Michael holds a Bachelor (Hons.) in Economics from the University of Malta and is also a qualified accountant after completing his ACCA qualification in 2016. In 2018, Michael also completed, with High Honours, the Advanced Valuation Certificate from New York University – Leonard N. Stern School of Business taught by Professor Aswath Damodaran.
    As a senior manager at Grant Thornton, Michael specialises in valuations, whereby he has taken an active role in leading the business, asset, intangible and real estate valuations team. Since joining Grant Thornton in 2014, Michael was involved in a variety of other corporate finance engagements including but not limited to raising of finance, due diligences, debt restructuring, impairment reviews, risk and scenario stress testing analysis and financial modelling and preparation of financial projections. As a result he has serviced a varied portfolio of clients in the private and public sector in industries ranging from hospitality, healthcare, real estate, retail, renewable energy, and information technology.
    Michael has also delivered training sessions in valuations at the Malta Stock Exchange, Grant Thornton employees and external organisations, as well as other training such as excel, risk sensitivities and financial modelling.

    EVENT CPE COMPETENCES

    3 Core

    Webinars 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.


    • 15 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 

    Registration Time: 09.00
    Session Time: 09.15 - 12.30 incl 15min break
    Speaker: Mr Ray Micallef
    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.

    synopsis

    The intention of this module is to discuss how the shock of slowing down the economy is real and very large.
    But this is not a normal recession because governments decided to shut it down. What happens when countries choose to reopen?
    Understandably, there is a great deal of concern about the current state of the economy and what will happen next. To outline possible responses (with the caveat that information is constantly changing, and governments and markets are moving very quickly).
    This is not a financial shock or a regular recession.
    It can be compared to a natural disaster, wherein the calamity will be hitting everyone, big or small.
    The global effect of COVID-19 is a health shock, unlike previous recessions caused by bubbles; there is not any particular policy or business miscalculation behind the economic decline, like what happened in 2008’s economic depression.
    It is caused by the pandemic and the consequences and the likely path of the economy will depend very much on how the pandemic evolves.
    Therefore, looking forward, different scenarios are presented, especially in the light of economies opening up following the take-up of the vaccines, some provide a dose of optimism after we manage the number of waves of the virus.

    Background Information

    What always hurt family businesses and is doing even more so in these difficult times is the notion that having good and professional governance of the businesses is a cumbersome, expensive and distracting process. Many family owners believe that they only need to focus on the operating level of business where “the money is made.” The pandemic induced crisis has shown that this short sighted notion or belief came back to haunt family business owners , as suddenly business operations have slowed down or came to a complete halt and they now have to focus on cashflow management, supply chain issues and how to reach their clients online and they feel at the deep end, not knowing how to handle all these things.

    TOPICS ON THE AGENDA:

    • Identify the gaps within an economy;
    •  Analyse how the situation can evolve and forecast for that eventuality;
    •  Appreciate the different scenarios that could present and how these can impact an economy;
    • Understand the importance of being prepared as a company within an economy which depends on other economies;
    • Comprehend the importance of planning and implementing the changes needed without disturbing the economy from a micro-economic point of view.

    Target audience

    Accountants, Auditors, Entrepreneurs, Practitioners and Professionals seeking to enhance their Continuous Professional Development

    Speakers profile

    Mr. Micallef is a business, insurance and healthcare professional with a career spanning ten years in the healthcare sector, and over twenty years of which in insurance and financial services management.

    He is an Associate of the Chartered Insurance Institute (UK) and a Chartered Insurer. He holds a master’s degree in business administration (Henley Management College UK) authoring his theses on “The Key Elements for Growth in the Private Medical Insurance Sector”.

    Mr. Micallef’s experience as an insurance and business trainer spans over 18 years as a visiting lecturer at the Malta Insurance Training Centre, the Global College, The London School of Commerce, STC College, Learnkey Institute, the Gulf Insurance Institute (Bahrain and Saudi Arabia), the Malta Chamber of Commerce (LCCIEB), RISC Institute, Leoron, and Arizona Computer Services pvt. Ltd, delivering customized workshops for various companies in the UAE and the Kingdom of Saudi Arabia.

    Furthermore, he has managed to increase his network of institutions in the Gulf area and has developed and delivered several workshops for a diverse audience in medical insurance and provided tuition for CII subjects in Private Medical Insurance, Claims Management, Economics and Insurance Law. He also lectures Information systems in Business, Economics and Business administration, Business Ethics, Risk Management and Capital Adequacy, and Customer Services.

    Mr Micallef has been lecturing in the GCC region, as a senior lecturer, since 2014, and has accumulated a vast experience in lecturing different Business Strategy, Management, Marketing, Human Resources, Insurance and Supply Chain Management subjects as short or long courses, on behalf of various institutions in the region.

    EVENT CPE COMPETENCES

    3 Hour Professional

    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.


    • 19 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    Registration Time: 09.00Sessions Time: 09.15 - 12.30 incl 15min break
    Speaker: Mr Silvan Mifsud
    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.

    Synopsis

    The webinar will focus on what a business advisor like myself sees happening within family businesses on a daily basis. The ultimate aim of the webinar is to give insights to family business on to how run their businesses better and how to have a professional setup, because without the difficulties brought about by the pandemic can in no way be faced by a weak or sloppy business structure. Ultimately, now more then ever, only businesses who have a strong and professional business setup have a chance to survive.

    Background Information

    What always hurt family businesses and is doing even more so in these difficult times is the notion that having good and professional governance of the businesses is a cumbersome, expensive and distracting process. Many family owners believe that they only need to focus on the operating level of business where “the money is made.” The pandemic induced crisis has shown that this short sighted notion or belief came back to haunt family business owners , as suddenly business operations have slowed down or came to a complete halt and they now have to focus on cashflow management, supply chain issues and how to reach their clients online and they feel at the deep end, not knowing how to handle all these things.

    Objectives of the Session

    • Immediate Term – Understand what family business need to do to keep the ship afloat in the current circumstances
    • Understand the need for proper corporate governance and business structuring
    • Understand why business strategy is important and to shift to a strategic mindset
    • Deliver insights on the various common pain points of Family Businesses –from change management to proper succession planning.

    Topics on the Agenda

    1. The Need to Survive
    2. Power Centres of Family Business
    3. The Need to be Professional – Structure, Information and Decision Making
    4. The Importance of an Independent Director
    5. Change – The massive difficulty of Family Business esto Adapt
    6. Strategic Planning and a Strategic Mindset for Family Businesses
    7. My Heartfelt Appeal to Family Businesses
    8. Succession Planning – much more than just paperwork

    Target audience

    Family Business Owners, Directors of Family Businesses, Financial Controllers/CFOs of Family Businesses, CEOs or Managing Directors of Family Businesses, Managers within a Family Business.

    Speakers profile

    Silvan holds a degree in Banking & Finance from the University of Malta and an MBA from the University of Reading, specialising in Corporate Finance and Business Leadership. Silvan has been involved in various sectors of the economy holding various Managerial and Director roles. Silvan is presently working as a Director for Advisory Services at EMCS and specialises in providing business advisory services for SMEs and Family Businesses.

    EVENT CPE COMPETENCES

    3 Hour Professional

    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.


    • 20 Jul 2021
    • 09:15 - 12:30 (UTC+02:00)
    • Online Webinar
    Register
    Depending on the COVID-19 situation, CPE might be held face to face. 
    Registration Time: 09:00
    Sessions Time: 09.15 - 12:30 (including a 15 minute coffee break)
    Speakers: Ms Oriana Abela, Ms Jessica Borg & Mr Michael J Aguis
    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

    A thorough analysis of a target company should always be carried out prior to a final decision on the acquisition of such target. A similar approach should be taken in the event of a merger with an unrelated third party. The said analysis should be as comprehensive as possible, covering legal, regulatory, tax, financial, accounting, operational and any other aspect which may relate to the particular activities of the target company.

    objective of the session

    Objectives of this session – The agenda will be tackled over the span of two sessions. Firstly, non-financial considerations will be explored and thereby the legal, regulatory and tax aspects of the mergers and acquisitions (M&A) process will be discussed. The second session will delve into the financial and accounting aspects. Attendees will be able to explore the different steps involved and the thought process underlying the whole transaction, from the valuation of the target company to calculation of goodwill post transaction. Practical scenarios will be shared with attendees, identifying examples where changes to the systematic approach adopted would need to be introduced in view of the particular attributes of the target company. Following the session, attendees will be able to better understand the M&A process, the steps involved and the various implications to be considered.

    Topics on the agendA

    •Explore the M&A process and steps involved including overview of steps and methodology involved in carrying out vendor and/or buy side due diligence
    •Analyse the considerations to be made for a legal and regulatory due diligence to be carried out including considerations emanating from corporate and employment law, contracts executed by the target, any other legislation or set of rules that might apply to the target taking into account any licenses or specific authorisations, etc
    •Similarly, delve into an analysis of the financial aspects of the due diligence exercise and its implications on the purchase price
    •Discuss the valuation (estimate) of business required to understand purchase price of business including an overview of the valuation mechanisms
    •Consider briefly the areas of taxation to be taken into account
    •Implications relevant for a prospective share purchase agreement (SPA)
    •Compiling completion accounts
    •Calculation of goodwill including purchase price allocation exercise
    •Overview of impairment testing conducted on an annual basis post transaction

    TARGET AUDIENCE

    Professionals who assist on M&A transactions (lawyers, financial advisors, accountants, etc); in-house counsel responsible for vetting of target companies; management and team members of companies intending to engage in a prospective M&A transaction, and any other person interested in an M&A process.

    SPEAKER'S PROFILE

    Jessica Borg: Jessica pursued her studies at the University of Malta first obtaining a Bachelor of Laws with Italian, followed by a Diploma of Notary Public and subsequently, graduating as a Doctor of Laws submitting a thesis in the field of contract law. Jessica then read for her Master of Arts in Financial Services degree at the University of Malta, in the pursuance of which she completed study units relating to securities regulation including funds, securities markets, the regulation of banking, EU financial services law, advanced company law matters, and the local legal framework of financial services, among others.
    Further to the conferment of the Master of Arts in Financial Services degree obtaining a Magna Cum Laude, Jessica was awarded the GM Corporate and Fiduciary Services Limited Prize for the best dissertation in financial services. Her dissertation is entitled ‘The Use of Distributed Ledger Technology and Smart Contracts in the Financial Services Industry: Legal Implications and Possible Applications’.
    Jessica has delivered training on various topics including capital markets, regulated industries, corporate governance, prevention of market abuse, blockchain and the virtual financial assets framework which regulates the issuance of cryptoassets in or from Malta. She is also currently reading a Master of Science in Blockchain and Distributed Ledger Technologies (Law and Regulation) at the University of Malta. As part of the said MSc, she is currently following study units on EU IT Law including an extensive analysis of the General Data Protection Regulation (GDPR) and all relevant local laws, rules, regulations and EU case-law which directly or indirectly relate to privacy and data protection. Jessica has also successfully obtained a Foundation Certificate in Trusts Law and Management.
    After a two year experience practicing w