Sunday, February 5, 2023
spot_imgspot_img
HomeEventsFinanceMalta to hold webinar on banks’ approach to trusts and foundations

FinanceMalta to hold webinar on banks’ approach to trusts and foundations

FinanceMalta will organize its first webinar of 2021 on the topic “Banks in Malta: Dealing with Trusts & Foundations”. The event will be held on Wednesday 27 January at 15.00hrs. The webinar, supported by the Malta Bankers’ Association (MBA) is aimed primarily at legal and compliance officers working within banks based in Malta.

Leading experts from the regulatory and supervisory authorities, banks and practitioners will be speaking about the procedures, laws, and regulations that apply in this field. The main objective of the webinar is to clarify how trusts and foundations are effective structures created for the benefit of both corporate entities and individuals. The event will highlight how these instruments are regulated and that, when properly used, should be encouraged and not dissuaded.

FinanceMalta Chairman Rudolph Psaila will open the event. A panel discussion on the understanding of the banks’ position and concerns about trusts and foundations will follow. The webinar will cover, among others, what compliance officers in banks need to know about trusts and foundations, the MFSA’s risk-based approach towards supervision of trustees and administrators of foundations, money laundering and terrorist financing risks associated with such businesses, as well as legislative developments, expectations and enforcement actions being taken.

The second part of the webinar will feature an international perspective on the topic, and will be followed by an interactive Q&A session.

For more information and to register for the webinar visit: https://financemalta.org/events/webinar-banks-in-malta-relations-with-trusts-foundations/. The event is free of charge.

Malta Business Agency supports your business idea in the world of Financial Services and beyond. To ask for advice please contact our offices by filling out the following form:

  •  
  • DISCLAIMER

    This article provides general information only and does not replace professional advice in any way. It is recommended to consult a qualified professional before making any important decisions regarding financial, legal or other matters. The author and the publication are not responsible for any errors or damages caused by the use of the information contained in this article.

    We are partners ofspot_img
    spot_img
    spot_img

    Related articles

    The advanced training course in Marketing and Digital Technologies begins

    Registration is now open for the advanced training course, entirely in English and live online, entitled 'Marketing and Digital Technologies'.

    MedaWeek22 again breaks attendance records.

    The 16th edition of the Mediterranean Week of Economic Leaders Week (MedaWeek Barcelona) took place on the 16th, 17th and 18th of November 2022...

    MedaWeek22, registration open

    MedaWeek22, the annual event that brought together more than 39,000 businesspeople, global socio-economic leaders and entrepreneurs.

    Funding focus
    Discover the news in the dedicated section