Tag: Edward Scicluna

Who could replace Edward Scicluna in Parliament?

Three candidates could replace Prof. Scicluna in Parliament.

Finance Minister Edward Scicluna stepping down for Governor position at Central...

Minister for Finance Edward Scicluna will be resigning from his position, and stepping down from Parliament, in order to become Governor of the Central Bank of Malta.

Lawyers, accountants will need MFSA authorisation to assist financial services companies

Lawyers, notaries and accountants who act as company service providers will need to be authorised by the Malta Financial Services Authority to do so under new legislation approved by Parliament on Tuesday.

Watch: Scicluna pledges no new taxes in 2021 budget

Finance Minister Edward Scicluna pledged that there would be no new taxes in the upcoming 2021 budget in spite of the Covid-19 pandemic’s impact on public finances in a public consultation exercise on Friday.

Scicluna contradicted by ministry’s permanent secretary, PN insists

Finance Minister Edward Scicluna’s attempts to distance himself from the numerous “scandalous decisions” made by the Labour government were dashed by the ministry’s own permanent secretary, according to the Nationalist Party.

Malta allocated €243.6m in EU loans through unemployment aid scheme

Malta has been allocated €243.6 million in loans given by the EU through the temporary Support to mitigate Unemployment Risks in an Emergency (SURE) initiative.

Nearly €4.8m paid out from Good Causes Fund since 2015

The Good Causes Fund has committed to providing €4.78 million in funding for various causes since the beginning of 2015, though the Covid-19 pandemic appears to have brought about a slowdown of activity.

Panama Papers, Swiss Leaks help authorities recover over €27m in unpaid...

The government has recovered more than €27.6 million in unpaid taxes to date as a result of the Swiss Leaks and Panama Papers journalistic investigations lifting the lid on secretive offshore structures used for tax evasion purposes.

Dramatic rise in visits to gambling parlours

The number of visits by Maltese citizens to village gambling parlours has increased steadily over the past four years, while the number of visits by foreign nationals has more than tripled over the same period.

€117,000 salary for MFSA CEO

The Finance Minister said that the CEO is eligible for a performance bonus up to a maximum of 20% of his salary.