PwC Malta has announced the appointment of Lucienne Pace Ross as Territory Senior Partner (TSP), effective 1 October 2025. She succeeds David Valenzia, who has served as TSP of the firm for the last eight years. David Valenzia has been with PwC for 36 years, 27 of them as a partner, and will be retiring from...
Many organisations pay for Microsoft 365 E3/E5 but leave enterprise grade security features idle. Activating and configuring built-in controls such as Defender for Endpoint and XDR, Defender for Cloud Apps, and Purview Information Protection can reduce risk, cut overlap, and deliver measurable ROI. PwC Digital Services...
Take a look at the critical role of a well-defined strategy in ensuring the success of technology investments in today's digital-first economy. We highlight the challenges executives face in navigating the complexity and noise of emerging technologies and the common misconceptions that lead to poor strategies. A strong...
In today’s fast-moving digital world, integrating IT into governance and management is essential. Internal audit, guided by the Global Technology Audit Guide and aligned with the International Professional Practices Framework, plays a strategic role in ensuring IT supports organisational goals. By assessing governance...
In April 2024, the International Accounting Standards Board (IASB) introduced IFRS 18, Presentation and Disclosure in Financial Statements, to address investor concerns about the comparability and transparency of financial performance reporting. Effective from 1 January 2027, IFRS 18 replaces IAS 1 and introduces a...
In today’s fast-paced digital landscape, impactful visuals are no longer optional, they’re essential. Strategic use of visual elements such as infographics, photographs, animations, and videos can elevate communication, enhance message retention, and drive engagement. By understanding your audience, aligning with brand...
As Kunsill Studenti Universitarji (KSU) celebrates its 125th anniversary, its enduring commitment to student activism is amplified through a five-year alliance with PwC Malta. This partnership has fostered a vibrant campus culture, empowering students through initiatives such as Freshers’ Week, the KSU Career Expo,...
The European Union has taken a decisive step in strengthening its anti-money laundering and counter-financing of terrorism (AML/CFT) framework with the adoption of Regulation (EU) 2024/1624 (AMLR) and the establishment of the Anti-Money Laundering Authority (AMLA). AMLA’s 2025 Work Programme marks a pivotal moment in...
In a rapidly evolving hospitality landscape, strategic investment is key to maintaining competitiveness and delivering exceptional guest experiences. The Business Development Scheme offers targeted financial support to hotels licensed by the Malta Tourism Authority (MTA), enabling them to upgrade facilities and...
The Council of the European Union has agreed on a mandate for major customs code reforms aimed at modernising procedures, strengthening oversight, and facilitating trade. Key features include a new European Customs Authority, a unified data hub for businesses, and stricter rules for e-commerce, with negotiations now...
The European Banking Authority (EBA) has intensified its efforts to support the implementation of the EU Banking Package, particularly CRR III and CRD VI, by issuing new guidelines and technical standards. These include final guidelines on ADC exposures to residential property, amendments to the definition of default,...
PwC Digital Services Malta Limited proudly announces the appointment of Kirsten Cremona as Director effective 1 July 2025. Kirsten is also the firm’s Cyber Security Leader, underscoring the company's strategic commitment to safeguarding digital assets and enabling secure transformation. Over the past two years, PwC...
The article highlights the essential role of data in financial services innovation, emphasising its strategic importance for business growth and AI enablement. Centralised Data Warehouses are crucial for ensuring data accuracy and providing real-time insights, while robust data governance is vital for protecting...
PwC Malta is releasing the sixth edition of its Real Estate survey, which was carried out during Q4 of 2024. This market research exercise was conducted via an online survey that targeted the resident population of the Maltese islands, garnering a total of 447 responses. The respondents are representative of the...
This article reviews the Malta Financial Services Authority’s (MFSA) findings from its 2024 thematic review of company announcements made by entities listed on the Official List of the Malta Stock Exchange. Highlighting issues such as delayed disclosures, incomplete filings, low announcement volumes, and poor...
The Malta Financial Services Authority (MFSA) has issued a consultation document proposing updates to Chapter 1 of the Financial Institutions Rulebook (FIR/01), aimed at enhancing the regulatory framework for financial institutions under the Financial Institutions Act (Cap. 376 of the laws of Malta). The revised FIR/01...
Despite the European Union's recent rollback on the scope of the Corporate Sustainability Reporting Directive (CSRD), sustainability remains a strategic priority for businesses. The EU’s Omnibus package introduces simplifications and delays but also excludes a significant portion of companies from mandatory ESG...
PwC Malta is proud to announce its support for Din l-Art Ħelwa, the National Trust of Malta, to support its mission to safeguard Malta's historic, artistic and natural heritage. Din l-Art Ħelwa, founded in 1965, is a non-governmental, not-for-profit, voluntary organisation dedicated to the preservation and protection...
This article examines the distinct business models within the gaming industry—Business-to-Business (B2B) and Business-to-Consumer (B2C)—and their respective implications for revenue recognition. B2B entities provide services such as software licensing and affiliate marketing, with revenue typically governed by IFRS 15....
This article explores the complex relationship between Transfer Pricing (TP) and Value Added Tax (VAT) within the European Union, highlighting the challenges multinational enterprises face in aligning TP adjustments with VAT obligations. While TP ensures arm’s length pricing for direct tax purposes, VAT focuses on the...
The European Securities and Markets Authority (ESMA) Peer Review has recognised Malta as a leading jurisdiction in the supervision of Crypto-Asset Service Providers (CASPs). The review commends the Malta Financial Services Authority (MFSA) for its robust supervisory framework, strategic resource allocation, and...
Act XVIII of 2025 introduces significant updates to the Maltese Companies Act, aiming to streamline corporate procedures, reduce administrative burdens, and clarify legal ambiguities. Key reforms include simplified rules for non-cash share allotments, enhanced rights for usufructuaries, clearer documentation for share...
ERP solutions are evolving into intelligent, agile systems through the integration of AI, transforming traditional business functions like finance, supply chain, and compliance. AI enables real-time insights, automation, and predictive analytics, empowering teams beyond IT to make data-driven decisions. This shift...
This article explores the evolving landscape of third-party risk management (TPRM) including under the Digital Operational Resilience Act (DORA), which came into effect on 17 January 2025. It focuses on the newly adopted Regulatory Technical Standards (RTS) on Subcontracting, which set detailed requirements for...
In response to Malta's recently introduced labour migration policy employers need to strategically adapt to new measures impacting third-country nationals (TCNs). This article explores the potential effects of these changes on workforce planning and provides guidance to mitigate challenges such as permit refusals and...
PwC Malta releases its latest CEO Confidence Tracker and Economic Outlook reports, providing valuable insights into Malta’s economic performance and business sentiment amid global uncertainty. The reports highlight Malta’s resilient economy, positive growth forecasts for 2025, and key industry trends, offering...
Get ready for your next tax audit! Learn how to stay organized, keep records, get expert advice, and do health checks to avoid stress. Find out how we can help you handle and resolve tax audits smoothly.
The insurance industry is at a critical inflection point. As climate risk intensifies and digital transformation efforts fall short, insurers must rethink their strategies for resilience, innovation and growth. This article explores how the industry can close the protection gap through collaboration, unlock value from...
EFRAG’s June 2025 progress update details the ongoing simplification of the European Sustainability Reporting Standards (ESRS), as mandated under the EU’s Corporate Sustainability Reporting Directive (CSRD). The proposed changes aim to reduce mandatory reporting requirements by more than 50%, focusing on six key...
In a world of increasing cyber threats and complex digital ecosystems, managing who has access to what—and when—has never been more critical. Identity and Access Management (IAM) sits at the heart of secure digital operations, helping organisations protect sensitive data, streamline access, and meet regulatory demands...
Surprise, surprise: Winning M&A strategies for turbulent times. For all the surprises, deals are getting done, as dealmakers navigate today’s market.
Dive into PwC’s Cyber Threats 2024: A Year in Retrospect for knowledge to help you navigate the shifting tides of cyber threats in 2025 and beyond.
The UK has slipped from 17th to 18th place, down from 10th in 2020 - the steepest post-pandemic decline amongst OECD countries - with Iceland, New Zealand and Luxembourg the best performing.
Results from PwC’s most recent CEO Survey show that executives have big expectations from AI. To realise them, they’ll need to build more confidence in the tech.
The findings of our 28th Annual Global CEO Survey show that CEOs are reaping early productivity gains from Generative AI and rising payoffs from investments in sustainability. The challenge is to increase scope and speed.
Check out the latest findings of PwC’s 2025 Global Digital Trust Insights Survey, reflecting the views of over 4,000 executives.
Find out how technology is changing the way leading organisations see risk, creating new value and building resilience.
Investigating how organisations are reacting to the challenges associated with global pay fairness and the introduction of living wages.
Companies are cutting costs, but they aren’t cutting employees, meaning that workers need to be reskilled to take on entirely new roles.
