“The spate of mergers and acquisitions in Malta is a clear sign that the economy is growing,” said the Minister for Finance Prof. Edward Scicluna.
PRESS STATEMENT BY THE MINISTRY FOR FINANCE
Minister Scicluna was speaking during the official launch of the rebranding of a group of companies providing corporate, trust, accounting and advisory services. A|R|Q Group is a joint venture between Capstone Group, a firm of auditors and accountants, and FFF Legal, a law firm. Both firms have rebranded their previous offering in these sectors under a unified brand. Legal and audit services are also available provided by the independent firms, FFF Legal and Capstone Assurance Ltd. The official launch was held at the ARG Group Premises, in the Tower Business Centre in Swatar. Minister Scicluna was also given a tour of the A|R|Q Group premises.
During a brief address, Minister Scicluna expressed his pleasure at witnessing a company that is staffed by both experienced figures as well as fresh and talented young professionals in the accounting, auditing, and legal professions, who together can bring new perspectives and energy to this vital service industry.
He welcomed the joint initiative of Capstone and FFF Legal, underlining that it is an example of the professional synergy that clients and investors have come to expect from the Maltese private sector.
“When a company begins combining teams from different industries and professions, they are able to begin offer a wider and more comprehensive package of services to their clients” the Minister underlined.
“This is precisely what investors want to see. Investors are attracted to our shores because they are able to receive here the best accounting, legal, auditing, or even taxation advice, which is of a global standard,” he said.
Minister Scicluna said that Malta is currently riding an investment wave, noting that this wave represents an opportunity for operators to invest, expand, and contribute towards placing the country on a higher plateau of professionalism.
At the same time, Minister Scicluna underlined that the Government will not lose sight of the importance of good governance and good standards in this regard, adding that Malta fully collaborates with the OECD and other international regulatory institutions, and adheres to the principles of transparency and openness.
The Minister augured the A|R|Q Group the very best in its future endeavours.
– Monday, 16th March, 2015