Paul Bonello, of Finco Group, told MaltaToday that Malta’s perceived reputation abroad had been steadily deteriorating in the last years
The country’s success is also driven by the accessibility and efficiency of the relevant regulatory authorities, the presence of comprehensive legal and regulatory frameworks include the various innovations.
Although there had been numerous calls for these rules to be delayed given both their complexity and removal from the first 2017 Finance Bill, both the nature and timing of these changes are finally clear
The UK, then, is lagging behind in this regard - and must take its lead from countries with proven track records on public services, general wellbeing and social mobility.
Brussels identifies 17 states including South Korea, Barbados, Panama and UAE with 47 others such as the Isle of Man and Bermuda warned