The Economicard Group celebrating 46 years of success

We are proud to be celebrating our 46th anniversary in 2019. Economicard Group of Companies offers a wide and diverse range of services. It was set up in 1973, offering a “cash discount card” service to the general public. The Group then moved on to offering travel and insurance services. Soon after, the Group diversified…

Read More

The Contemporary Company Secretary

Although constantly evolving, in more recent years, the role of the Company Secretary has undergone a significant shift both in the way it is perceived externally and also in its actual fulfilment within an organisation. Whereas historically defined rather restrictively as mainly administrative in nature, the Company Secretary is now expected to fulfil a much…

Read More

Call for AML Regulation for Cryptocurrencies

Ever since the creation of Bitcoin, cryptocurrencies have been applauded and welcomed for constituting an innovative method of payment without any recourse to financial institutions and their entailing bureaucracy.  While honest individuals rejoiced at cryptocurrencies’ legitimate benefits; ranging from an increased degree of privacy and confidentiality to less transactional costs, cybercriminals saluted the decentralised networks…

Read More

Vacancy – Junior Accounts Associate

Job Description: We are currently looking for a Junior Accounts Associate to join our dynamic accounting team. The chosen candidate will support the finance department with managing daily accounting tasks and report directly to the CFO. Responsibilities: Bookkeeping & bank reconciliations; Creditor control; Preparation of invoices and credit notes; Maintenance of accounts ledgers; Assistance in…

Read More

Legal clarity for international couples on matrimonial property

Malta is among the 18 EU member states where new EU Regulations clarifying the rules applicable to property regimes for international married couples or registered partnerships, entered into force on 29 January 2019. The regulations, covering the management and distribution of joint property such as bank accounts in the event of death, separation or divorce,…

Read More

First Big GDPR Fine

After months of conjecture about GDPR implementation, French regulators handed Google a EUR 50 million fine for failing to properly obtain valid user consent to gather data used for targeted advertising. The first substantial GDPR fine raises many questions for businesses, big and small. Let’s consider some of the implications. GDPR Violation France’s National Data Protection…

Read More

Blockchain – the backbone of tomorrow’s digital ports

Picture the scene. An autonomous truck fully loaded with goods leaving the warehouse and arriving without a hitch at its destination almost 200 km away.  The stuff of a millennial James Bond movie? The latest commercial going viral? No, this is October 2016 when a self-driving semi-trailer heaped with Budweiser wheeled its way across the…

Read More

Blockchain Technology Vs. GDPR: Conflict Resolution Required

The General Data Protection Regulation (GDPR) as well as blockchain technology may both be lauded for having reached evolutionary milestones in their respective fields of data privacy and innovative technologies.  Combining these fields is however giving rise to unprecedented concerns. Although GDPR and blockchain technology protect data, ironically data protection compliance is turning out to…

Read More

Restraint of trade clauses in employment contracts

It is rather common for an employment contract to include a clause restraining an employee from exercising his trade/profession following the termination of said employment, particularly in the case of employees who are employed in a position of trust and whose role makes them privy to certain business contacts, trade secrets or other information which…

Read More

Drones without Groans

Soaring. Flying. Whirling. Hovering. Diving. Landing. All at the press of a button. Civil drones are the 21st century dancers in the sky. Tech savvy consumers have fallen in love with them and the romance is set to endure as technological advances have jaw-dropping models hit the market every few months. DJI Mavic 2, Mavic…

Read More