"Blasio & Partners Avvocati – Malta” è il primo Team internazionale composto da professionisti italiani ad essere stato accreditato quale Corporate Advisor del Marlta Stock Exchange – M.T.F. (Multilateral Trade Facility).
Specializzati in quotazione di PMI comunitarie presso lo Stock Exchange di Malta ristrutturazione, delocalizzazione e ri-domiciliazione di società e gruppi di imprese, costituzione e gestione di fondi d’investimento e OICR di diritto maltese, pianificazione fiscale internazionale, consulenza legale e fiscale in materia di compliance e antiriciclaggio.
Il ruolo del Corporate Advisor
Il Corporate Advisor ha un ruolo fondamentale nel processo di quotazione in borsa in quanto si occupa di verificare che la società soddisfi tutti i requisiti necessari; inoltre la assiste nella predisposizione e compilazione dell’application come previsto dal Regolamento Prospects.
Nello specifico, il Corporate Advisor: Svolge un lavoro di due diligence. Verifica l’efficacia della corporate governance della società. Redige i documenti contabili. Verifica l’attendibilità e la corretta costruzione del business plan di riferimento. Si accerta che gli amministratori abbiano chiari gli obblighi e le responsabilità che derivano dalla quotazione in borsa. Raccoglie tutte le informazioni necessarie per predisporre e presentare i documenti di ammissione (application).
Nella fase successiva alla presentazione della domanda Il Corporate Advisor mantiene con la società un rapporto contrattuale per tutta la durata della sua permanenza nel listino Prospects; inoltre il Corporate Advisor sarà costantemente in contatto con la Borsa di Malta e con il mercato, così come richiesto dal Regolamento Prospects.
The segment of Malta Stock Exchange dedicated to SMEs is Prospects MTF. According to the Prospects Rules, in order to start a listing process, and during the entire period in which securities are listed, an applicant company must necessarily nominate a Corporate Advisor, who is previously accredited by Malta Stock Exchange.
Obligations and responsibilities that a Corporate Advisor must comply with: 1. Ensure maximum information transparency to protect the investors: • Obligation of impartiality, objectivity, confidentiality and independence with respect to client companies, establishing a relationship of constant exchange of information with the directors; • Avoid conflicts of interest and protect the reputation of the Prospect marketplace.
2. Carry out the due diligence on the company, on its shareholders and management: • Verify the effectiveness of the legal and tax structure; • Verify the validity of corporate governance: the effectiveness and appropriateness of the board of directors; • Ensure that all information, documents and minutes of meetings are properly maintained; • Attend the MSE courses on compliance with the principles of corporate governance on an annual basis; • Update the directors regarding the responsibilities and obligation they have in a company listed on Prospects; • Carry out a thorough review of the internal control systems, implemented to guarantee risk management.
3. Assisting the client company in drafting the admission documents, the Corporate Adviser is responsible for: • Verify that the documents are complete, free of omissions and misleading information; • Verify the documents clearly indicate the rights attached to the securities, the general terms of the offer, the estimated costs of the issue, the details of the process to be undertaken before the securities are admitted to trading and the summary details of the financial sustainability of the applicant; • Verify the goodness of the business plan.
4. In the post-listing phase, the Corporate Advisor must continually verfy that the conditions of permanence of the security listed on Prospects exist, through: • Detailed discussions with the client, • Financial statements analyses and annual and semiannual reports, drafted in accordance with IFRSs, and shown on MSE’s website, company’s website, and Corporate Advisor’s website. • Monitoring and review of the business plan, • Sector and of competition analyses, • Revision of the financial sustainability projections, simulations of different scenarios and adjustments in case the main assumptions of the plans have changed over time.
Aree d'intervento Malta
Quotazione di PMI comunitarie presso lo Stock Exchange di Malta
