[ONLINE] The Obligations of Administrators of Foundations & Associations in Malta – 19 November

This webinar provides a comprehensive overview of the legal, regulatory, and fiduciary obligations of administrators managing foundations and associations in Malta. It is designed for professionals involved in governance, compliance, and administration, offering practical insights into ensuring transparency, accountability, and adherence to Maltese law.

Instructed by: Maria Schembri. in: Uncategorized

Seminar Description

 This webinar provides a comprehensive overview of the legal, regulatory, and fiduciary obligations of administrators managing foundations and associations in Malta. It is designed for professionals involved in governance, compliance, and administration, offering practical insights into ensuring transparency, accountability, and adherence to Maltese law.

Learning Objectives

By the end of this session, participants will be able to:

• Understand the legal framework governing foundations and associations in Malta
• Identify the key responsibilities and duties of administrators
• Recognize compliance and reporting obligations
• Apply good governance principles in day-to-day administration
• Mitigate risks associated with mismanagement and non-compliance

Agenda

1. Introduction

Definitions: Foundations vs Associations

Legal personality and structure

Key differences and practical implications

2. Legal Framework

Overview of the Second Schedule to the Civil Code of Malta

Role of the Malta Business Registry

Relevant regulations and guidelines

3. Roles and Responsibilities of Administrators

Fiduciary duties and duties of care

Acting in good faith and in the best interests of the organisation

Record-keeping and documentation requirements

Delegation vs accountability

4. Compliance and Reporting Obligations

Annual returns and filings

Financial reporting standards

Beneficial ownership registers

Interaction with authorities

5. Governance and Best Practices

Internal controls and risk management

Transparency and accountability

Practical governance frameworks

6. Risks, Liabilities & Sanctions

Legal consequences of non-compliance

Administrative penalties

Personal liability of administrators

7. Case Studies & Practical Scenarios

Common pitfalls

Real-life examples and lessons learned

8. Q&A Session

Target Audience

Administrators and officers of foundations and associations

Legal and compliance professionals

Accountants and corporate service providers

NGO and voluntary organization representatives

Notaries Public

Key Takeaways

Participants will leave with a clear understanding of their obligations, practical tools for compliance, and strategies to strengthen governance within foundations and associations in Malta.

CPE

Qualifies for 2 CPE Core hours

Course Fee

The course fee is €60 for Non-Members €55 for Members. The fee covers seminar participation and access to event resources. Login details will be provided closer to the date.

A receipt will be issued to all participants.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com      Webpage: www.skillsmalta.com