Skype ID: acumum   Malta: +356 2778 1700

Monthly Archives: February 2016

Russia Considers Access to Islamic Banking Markets

Russia Considers Access to Islamic Banking Markets

A draft law on Islamic banking has been submitted to the State Duma in Russia concerning the establishment of new bank accounts allowing investment into only Shariah-approved assets.   The idea was first raised at the level of the State Duma a year ago after Western sanctions closed Russia’s access to the European and American capital […]

read more »
Malta Credit Rating Stable – Positive

Malta Credit Rating Stable – Positive

Below is the most recent Malta credit rating assigned by the three largest credit rating agencies; Fitch, Moody’s, as well as Standard & Poor’s: Rating Agency Long-term Short-term Outlook Last updated Fitch A F1 Stable 20/02/2016 Moody’s A3 n/a Stable 28/10/2014 Standard & Poor’s BBB+ A-2 Positive 08/01/2016 Credit-rating agencies issue credit-worthiness opinions based on objective analytical […]

read more »
Guernsey reforms Corporate Insolvency Laws

Guernsey reforms Corporate Insolvency Laws

A review of Guernsey’s personal and corporate insolvency laws has been compiled by the Commerce and Employment Department with significant input from key stakeholders. The Department’s proposals have now been published, outlining the areas that will be reformed and which projects will not be taken forward.   Regarding the reform of Guernsey’s corporate insolvency laws, the Department has decided not to […]

read more »
IMF: Malta economy is ‘growing strongly’

IMF: Malta economy is ‘growing strongly’

  The International Monetary Fund (IMF) has been reporting on the Malta economy in increasingly good terms over the last three months. In February 2015, the IMF revised their forecast for Malta’s economic growth from 2.2 per cent to 3.1 per cent for 2014 and 2015, only a few weeks after making one of their […]

read more »
Acumum Scores Top Honours at Malta Best in Business

Acumum Scores Top Honours at Malta Best in Business

A commercially focused legal adviser is celebrating after receiving the Best Law Firm honour at the Malta Best in Business Awards. After receiving three nominations, Acumum Legal & Advisory went on to win the coveted Best Law Firm award for its multidisciplinary legal, tax and advisory services.   Malta Best in Business Awards Despite its […]

read more »