Our Articles

Discover all the latest published articles covering a wide range of subjects from experts of Forvis Mazars in Malta.

Our recent articles

Building a human firewall against cyberattacks

Cyberattacks aren’t just getting more frequent, they are also becoming significantly more vicious and sophisticated. Today’s cyberattacks are targeted and subtle, and the stakes are high.

Cyber security: practical insights

Malicious hacking attempts are on the rise, with any organisation that maintains databases of customer personal data or client payment information being at particular risk.

Mitigation of malware risks for organisations

As with other paradigms in the field of IT security, ransomware is one of a number of methods chosen by attackers to attain financial gain by capitalising on weaknesses in company policies and infrastructure.

Weak cyber security & reputational risk

Cyber security has long been a major concern for both the private sector and government agencies.

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Tackling the source of wealth and funds dilemma

While traditionally subject persons have focused their efforts on the identification and verification of the customer and the underlying beneficial owner/s, less importance has been placed on understanding the Money Laundering and Financing of Terrorism (ML/FT) risk relating to the customer’s business activity, the source of wealth and the source of funds.

An overview of trade-based money laundering

Money launderers are always finding creative ways to launder proceeds of crime without being exposed.

The Anti-Money Laundering (AML) Framework

This article highlights the important components of a subject person’s Anti-Money Laundering (AML) regime and the risk-based approach required to fulfil the regulatory requirements that are outlined in the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR), and the implementing procedures of the Financial Intelligence Analysis Unit (FIAU).

Preparing for AML regulatory visits

A company with a robust AML framework should have nothing to fear from an AML regulatory visit

The role of Internal Audit & the AML Framework

In today’s world of tightening regulations and an evolving risk landscape, companies are facing increased pressure to comply with Anti Money Laundering (AML) regulations to avoid hefty fines, reputational risk, and disruptions to their operations.

VAT and Income Tax Aspects in the Travel, Hospitality and Leisure Industry

The Travel, Hospitality and Leisure Industry constitute a very important economic pillar of the Maltese Industry.

The Anti-Tax Avoidance Directive

The fight against tax avoidance is not new. In fact, it has been around since biblical times. Yet, in recent years...

Cyber Risks equal Business Risks

Over the last decade, various business sectors, have seen the introduction of new internet-based business models, content digitalisation and the need to enable content to be used on different platforms.

Companies need exit strategy

There have not been many management buyouts in Malta, but Forvis Mazars Malta managing partner Anthony Attard thinks there should be many more.