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.

Forvis Mazars leads fraud awareness initiative

Empowering individuals and organisations to identify, prevent and respond to fraud

Budget 2026 – What matters to business

Did the Budget deliver on people’s expectations, and more importantly, has it met those of the business community?

Getting to know the women in leadership at Forvis Mazars

Female leaders tend to bring different leadership qualities to the table

Tax Benefits for Financial Services and Insurance Expatriates

Your Local Partner for SWIFT CSP 2025 Compliance

In the ever-evolving landscape of global finance, security and compliance are paramount. The SWIFT Customer Security Programme (CSP) 2025 introduces critical updates designed to bolster the integrity, consistency, and security of financial institutions worldwide.

Budget thoughts from a financial services perspective

Within our island, the buildup towards the annual Budget Speech has historically always been one of expectation. The Minister of Finance, Hon Clyde Caruana as well as other high ranking Government officials had already announced a number of measures such as the COLA to possibly alleviate this sense of expectation.

Specialist and integrated support for your accounting and finance team

Forvis Mazars in Malta is an audit, accountancy, advisory, tax and legal services firm whose services can be leveraged by companies wishing to outsource their accounting and reporting requirements.

Testing the Operational Effectiveness of the AML/CFT Framework

The Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR) and the Implementing Procedures (IPs) emphasize the importance of monitoring the AML/CFT control framework on an ongoing basis, either through an independent audit function, or by engaging an independent consultant or an internal party who is independent from the operations. This article discusses how such reviews should not only focus on the fulfilment of compliance requirements, but also on identifying control failures.

25 years of Forvis Mazars in Malta – Growing with purpose together

Forvis Mazars’ roots in Malta go back to 1998, when Paul Giglio and Anthony Attard started a small firm known as Attard Giglio & Co.

The Concealment of Beneficial Ownership

In carrying out their due diligence obligations, subject persons are continuously faced with the obligation to identify and verify the ultimate beneficial owner/s of their customer.