With only a few weeks to go (effective date 29 March, 2019) and still no sign of an agreement between the United Kingdom (UK) and the European Union (EU), many tax authorities are gearing up for a hard Brexit.
RSM Malta is authorised by the Malta Gaming Authority (MGA) to carry out system and compliance audits. The firm also carries out information security audits based on section 5 of the remote gambling and software technical standards (RTS) defined by the UK Gambling Commission (UKGC).
MGA Systems Audit
There are currently several opportunities available to commercial entities wishing to grow their business. The Business Enhance Grants managed by the Measures and Support Division are open to both start-ups and established businesses alike.
On the 19th July, the Financial Intelligence Analysis Unit (FIAU) issued specific Implementing Procedures applicable to Remote Gaming Operators (licensees), which addresses the applicability of the risk based approach
The Measures and Support Division (MSD) within the Ministry for European Affairs and Implementation of the Electoral Manifesto have just launched the following RD&I funding calls aimed at supporting enterprises through the provision of a non-repayable grant. Please find attached a summary of these funds outlining eligible actions and expenditure.
The Malta Chamber, together with the Office of the Information and Data Protection Commissioner and RSM Malta, organised an information session to discuss the General Data Protection Regulation which comes into effect on the 25th May.
The Malta Gaming Authority (MGA) has published a White Paper proposing major reforms to Malta’s Gaming Legal Framework.
The purpose of this change is to move towards a streamlined approach in terms of licence activities, which in turn will assist operators and software providers achieve Regulatory goals in a more efficient timeframe.
The countdown to the General Data Protection Regulation (GDPR) is underway. The new regulations will cause disruption to how businesses store, manage and process personal data. Businesses need to respond now, to make sure they are compliant by May 2018.
Malta’s iGaming industry is evolving from fledging upstart to mature market, but companies may have a thing or two to learn from the island’s successful finance sector, says Vladimiro Commodini of RSM.
Read more here
Cyber-attacks have been on the rise in the past 12 months, and business organisations in Malta have not been spared from this digital global reality. Local organisations large and small have seen an increase in sophisticated and targeted security attacks, ranging from sophisticated phishing email attacks to malware attacks in the form of ransomware.
Audit, tax and consulting firm RSM has agreed a strategic partnership with AXELOS Global Best Practice which will see RSM market the RESILIA™ cyber resilience best practice portfolio services from AXELOS to clients across the UK.