Women’s day Conference
The Malta Institute of Accountants organised its first conference dedicated to women titled ‘Inspire to Achieve’ on 9 March 2018. The conference was held under the auspices of H.E. Marie-Louise Coleiro Preca, President of Malta.
During the conference the President of Malta Marie-Louise Coleiro Preca noted that:
- “According to the European Commission’s Report, women across the European Union are still a long way off from achieving full economic independence.
- In comparison to men, women still tend to be employed less;
- they are employed in lower-paid sectors;
- they work, on average, 6 hours longer per week than men and have fewer paid hours; and
- women also face fewer and slower promotions.”
She encouraged all to find ways to empower women as well as men, which would enable everyone to work together for the advantage of all.
The Institute will drive to push the profession in terms of the openings it provides for women who want to achieve and be part of creating value to society by building on the values of equality, empowerment and achievements.
To press for progress the Institute will be investigating the issue of possible pay gap within the accounting profession. This study will be conducted with the help of MISCO, a recognised leader in independent marketing, research and HR consultancy in Malta.
Anti-Money Laundering Conference
The European Union’s 4th Anti-Money Laundering Directive was enacted into Maltese legislation earlier this year bringing with it some fundamental changes to the anti-money laundering procedures.
The Malta Institute of Accountants chose to discuss this topic during its first conference organised in 2018 because it believes that it is an important and vital issue for our country. As mentioned by the Institute’s CEO, Ms Maria Cauchi Delia in her opening speech “This isn’t just a regulatory issue but one of national concern”.
The conference brought together a number of leading experts to provide the latest information on the current anti-money laundering and counter terrorist financing developments and requirements. Sessions and a panel discussion gave first-hand knowledge discussing topics such as changes brought about by the 4th Anti-Money Laundering Directive, the upcoming Moneyval inspection, the Beneficial Ownership Register, and the interaction of GDPR and Blockchain on AML.