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New directors at PwC Malta

PwC Malta has further strengthened its leadership with the appointment of Claudine Attard as advisory director, Francesca Fenech as TLS director and Nadia Mifsud as assurance director. These admissions took effect on July 1. David Valenzia, territory senior partner at PwC Malta, said: “I am very proud of these new appointments and I wish all three every success in their new roles. These latest appointments reflect our ongoing commitment to invest in experienced and senior professionals across key disciplines. “The appointments will ensure we remain in the very best position to service new and existing clients, which is particularly important as many businesses try to recover from what has been a very challenging 18 months.

Accountants Institute pushes for consultation on greylisting solutions

Accountants Institute pushes for consultation on greylisting solutions
timesofmalta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofmalta.com Daily Mail and Mail on Sunday newspapers.

MIA amends statute and rules on disciplinary action

Accountancy watchdog reticent on its inaction against Nexia BT

The accountancy watchdog has refused to explain why it has not suspended the warrants of Nexia BT partners Brian Tonna and Karl Cini, who are facing money-laundering and fraud charges. Tonna and Cini were hit with a temporary suspension of their warrants by the Accountancy Board in September 2020, but the decision was reversed the following month. The operations of Nexia BT advisory services and BTI management were also temporarily suspended after a freezing order was issued following the conclusion of an inquiry into kickbacks on passport states involving former OPM chief of staff Keith Schembri. However, just a few weeks after the Accountancy Board announced the temporary suspension, it reversed the decision, allowing Tonna, Cini and Nexia BT to continue working on assignments taken on prior to the September 25 suspension order.

Today s front pages - April 8, 2021

The following are the main stories in Thursday’s newspapers. All newspapers except in-Nazzjon lead with the announced staggered reopening of schools next week and the gradual easing of other measures as the number of novel coronavirus cases and hospitalisations continue to fall. In other stories, Times of Malta quotes a letter by the president of the Malta Institute of Accountants to its members saying that what the Nexia BT partners allegedly did have turned accountancy into an “inferior grade” profession in the eyes of many. The Malta Independent says that the number of COVID-19 victims has now reached 400. L-Orizzont reports a meeting the General Workers’ Union had with Italy’s ambassador to Malta.

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