Any licensing process, irrespective of the licence you are applying for, generally tends to be a daunting and lengthy process - however, indispensable for conducting regulated business. Every license application process is different and can benefit from the tailored practical insights we can share from our extensive experience.
Furthermore, once licensed, your regulated business is faced with significant compliance risks in adhering to constantly evolving regulatory frameworks as you look to avoid unnecessary regulatory breaches and penalties, not to mention potential disruption to your business.
We can help you manage such risks arising from all areas of regulation whether generally applicable or industry specific (including Asset and Wealth Management, Banking and Financial Institutions, Insurance, Pensions, Gaming, Fintech etc.).
Our dedicated Regulatory Team can assist with:
Guiding you throughout the licensing process, including assistance with the drafting of the requisite application documentation and facilitating discussions with the regulator;
Assisting you with demonstrating high standards of compliance with the applicable regulatory framework, on an ongoing basis and in the context of regulator supervisory visits;
Ensuring that you are kept up-to-date with the ever-changing regulatory landscape;
Assisting you with the implementation of post-licensing changes that require regulatory approval; and
Assisting you with ad-hoc regulatory issues that may arise and dealings with regulators.
Tax Partner, PwC Malta
Tel: +356 2564 6744
Chris Mifsud Bonnici
Senior Manager, Tax, PwC Malta
Tel: +356 2564 6935