MBR and UoM Accountancy Department strengthen ‘collaboration and cooperation’

The Malta Business Registry (MBR) and the Department of Accountancy within the University of Malta (UoM) have signed an agreement establishing ‘a greater collaboration and cooperation between the two parties’.

UoM said that the aim of the agreement is to set grounds for mutual assistance particularly related to research material and information related to the study units or dissertations organised or taking place under the supervision of the Department of Accountancy.

“During the year, we receive about 20 requests for help in relation to research surveys being carried out by students for their thesis and research, requests for clarification of information, or a request for help which we have always ensured to give where necessary. However, with this agreement, we will be able to give more within the set parameters,” MBR Registrar and CEO Geraldine Spiteri Lucas said.

“I want to say that the growing interest in working in the field of company law and corporate is increasing. The law is a dynamic one that seeks to strengthen the interests of the Maltese jurisdiction. It is in this context that we feel that we should make this agreement, after encountering student queries interested in conducting research in connection with the register of Beneficial Owners, cell companies, and company law itself soon after they were implemented,” she added.

The agreement is also set to pave the way for informative seminars for students and lecturers, provide adequate training and insight to MBR’s personnel, and offer students guidance in choosing their research questions, amongst other things.

"Through this collaboration, the Faculty of Economics, Management & Accountancy, the Malta Business Registry, and UoM as a whole are set to benefit immensely due to the close relationship which will be established as part of this Memorandum of Understanding,” UoM Rector Alfred Vella said.

“This new line of communication, which will see MBR sharing its work with our students and academics for further research purposes, will continue to enrich the programmes offered at UoM. Likewise, the University will be gladly doing its part by providing MBR with its findings, based on these common grounds," he concluded.