In today’s global landscape, robust corporate governance is not just a matter of compliance; it is the strategic bedrock of sustainable success, investor confidence, and long-term value creation. At Contact Advisory Services Ltd., we help you build that bedrock. As a fully MFSA (Malta Financial Services Authority) Authorised Company Services Provider, we move beyond basic administration to architect transparent, accountable, and effective corporate governance frameworks that align with the principles of the MFSA Corporate Governance Code and your unique global ambitions.

To fortify your company’s governance structure, schedule a confidential consultation with our advisory team today.

The Strategic Importance of Corporate Governance in Malta

Effective corporate governance is the system of rules and practices that directs and controls a company, ensuring accountability, mitigating risk, and building long-term stakeholder value. A strong governance framework, as championed by the MFSA, is essential for mitigating risk, attracting investment, and ensuring the company operates ethically. In Malta, demonstrating a commitment to these principles is critical for establishing genuine substance requirements, satisfying regulatory scrutiny, and maintaining a solid international reputation.

Our MFSA-Authorised Governance & Board Support Services

Our governance services provide boards with the expert guidance and frameworks needed to ensure robust compliance, enhance board effectiveness, and implement sound risk management. We partner with you to implement a tailored corporate governance framework based on the pillars of the MFSA Code, ensuring your governance model is proportional to your company’s size, nature, and complexity.

Our advisory and board support services include:

• Board Structuring and Composition: Advising on the optimal structure of your board, including the balance of executive and independent non-executive directors.
• Governance Framework Development: Drafting and implementing key governance documents like Board Charters, Terms of Reference for committees (Audit, Remuneration, Nomination), and Codes of Conduct.
• Board Effectiveness Reviews: Conducting independent evaluations of board performance, as recommended by the MFSA, to identify strengths and areas for improvement.
• Internal Controls & Risk Management: Designing robust internal controls and a comprehensive risk management Malta framework covering financial, operational, and regulatory risks.
• Policy and Procedure Development: Assisting in the creation of policies for conflicts of interest, stakeholder communication, and succession planning.
• ESG Integration: Guiding your board in integrating Environmental, Social, and Governance (ESG) criteria into your business strategy for sustainable, long-term value creation.

Why Choose Contact Advisory Services Ltd.?

Choosing us means partnering with an MFSA-authorised firm that offers strategic, board-level expertise to build resilient and effective governance structures. We provide more than just a checklist; we deliver strategic insights that empower your leadership to govern with confidence and integrity, fully aligned with local best practices.

Unwavering Compliance & MFSA Authorisation

Our MFSA-authorised status is your assurance that our advice is grounded in the highest standards of regulatory compliance and professional ethics. Our methodologies are aligned with the principles-based approach of the MFSA, ensuring your governance is both robust and proportional.

Strategic, Board-Level Expertise

Our advisors bring extensive experience from working directly with the boards of international companies, family offices, and regulated entities. We understand the critical importance of an “effective board” as the central pillar of good governance and provide the tools to achieve it. To assess your board’s effectiveness, contact our advisors today.

A Proactive and Tailored Approach

We recognize that effective governance is not one-size-fits-all; we develop tailored frameworks that reflect your company’s specific strategic objectives. We work proactively to identify potential governance weaknesses, helping you stay ahead of regulatory changes and stakeholder expectations.

The Core Pillars of a Robust Governance Framework

A robust governance framework is built on the core pillars outlined by the MFSA, focusing on an effective board, strong internal controls, stakeholder engagement, and a sound corporate culture.These principles guide all board-level decisions and are crucial for building a resilient and reputable company.

The Effective Board

An effective board provides leadership, integrity, and judgment, setting the company’s strategic aims and ensuring the necessary resources are in place to meet them. This involves a clear distinction between the roles of the Chairperson and CEO, a diverse composition of skills and experience, and a formal process for evaluating performance. The board is ultimately responsible for setting the “tone at the top” and stewarding the company’s assets.

Robust Internal Controls

A system of robust internal controls is fundamental for assessing and managing risk, ensuring the accuracy of financial reporting, and complying with laws. This pillar includes the critical functions of Risk Management, Compliance, and Internal Audit. For many entities, establishing a dedicated Audit Committee to oversee these processes is a key component of effective governance.

Frequently Asked Questions (FAQ)

What is a corporate governance framework?

A corporate governance framework is the specific set of policies, rules, and procedures a company implements to direct and control its operations. Aligned with the MFSA Code, it includes board charters, committee terms of reference, risk management policies, and codes of conduct that translate high-level principles into practice.

What are the key principles of the MFSA Corporate Governance Code?

The MFSA Code is built around four main principles: creating an Effective Board, establishing robust Internal Controls, ensuring proper Stakeholder Engagement, and fostering a positive Corporate Culture, which includes CSR and ESG. It is applied on a “best-effort” and proportionality basis.

How does good governance impact risk management?

Good governance is integral to effective risk management as it establishes the necessary oversight and accountability structures. An effective board, as defined by the MFSA’s principles, ensures a robust process for identifying, assessing, and mitigating risks is in place and functioning correctly, protecting the company’s value.

Build a Resilient Governance Framework

In an era of increasing scrutiny, a robust corporate governance framework is your company’s greatest asset. It is the key to unlocking sustainable growth, managing risk, and building an enduring legacy.

Partner with a trusted, MFSA-authorised expert to strengthen your company’s core.

[Click Here to Book Your Governance Consultation] or call us at +356 2757 7000 or info@contact.com.mt