PRESS RELEASE
The Insolvency and Receivership Service within the Malta Business Registry is once again launching an accreditation course for practitioners interested in obtaining authorisation to act as insolvency practitioners in terms of the Insolvency Practitioners Act, Chapter 632 of the Laws of Malta.
The course, organised by the Insolvency and Receivership Service, as the competent authority, together with other esteemed academics distinguished within the sector of insolvency, will provide in-depth information on the insolvency framework and practical guidance to the candidates wishing to carry out the functions of an insolvency practitioner in terms of Maltese law.
The course will be spread over six months, from November 2025 to April 2026, with some lectures held at the premises of the Malta Business Registry and others online. Upon conclusion of the course, the candidates will be individually assessed by the competent authority and those deemed to satisfy the requirements at law will be issued with due authorisation to exercise the functions of an insolvency practitioner in terms of Article 4(1) of the Insolvency Practitioners Act.
Dr Ingrid Hamilton, the Official Receiver and Head of the Insolvency and Receivership Service, emphasized that this course will open the door to an innovative niche within the insolvency legal sector, offering practitioners valuable opportunities to provide crucial guidance to businesses facing financial difficulties. “This initiative will equip professionals with the tools needed to help struggling enterprises turn a corner and secure a second chance,” said Dr Hamilton. Following the inaugural course held last year, significant interest has been generated amongst practitioners, recognizing it as a unique opportunity to specialize and better support companies through challenging times. In line with this, the second call for practitioners to enrol in the course reflects the Malta Business Registry’s (MBR) ongoing commitment to equipping the industry with the expertise and resources it needs to thrive.
Minister for the Economy, EU Funds, Enterprise and Strategic Projects, Silvio Schembri, highlighted the positive milestone achieved with the accreditation of 13 practitioners in insolvency in Malta following the completion of the first course. “While this achievement marks an encouraging start, it is crucial that this number continues to grow. Expanding the pool of accredited professionals will ensure that businesses, whether navigating challenging times or capitalizing on opportunities, receive the expertise and support they need to thrive, sustain their operations, and generate new job prospects, and that is exactly what the MBR is doing,” said Minister Schembri.
Registered participants who (i) do not satisfy the eligibility criteria for authorisation to act as insolvency practitioner in terms of Maltese law, and/or (ii) have not attended at least 80% of the sessions of the course, will not be eligible for assessment.
The Insolvency and Receivership Service invites all interested candidates to register their interest in the course by sending an email on info.irs@mbr.mt for more information by not later than 17th October, 2025.
Any term or expression that is defined in the Insolvency Practitioners Act and the Pre-Insolvency Act and used, but not defined in this notice shall have the same meaning given to it in these Acts.
STQARRIJA
Is-Servizz tal-Insolvenza u r-Riċevitur fi ħdan ir-Reġistru tan-Negozju ta’ Malta qed jerġa’ jniedi kors ta’ akkreditazzjoni għall-prattikanti interessati li jiksbu awtorizzazzjoni biex jaħdmu bħala prattikanti fl-insolvenza f’termini tal-Att dwar il-Prattikanti fl-Insolvenza skont il-Kapitolu 632 tal-Liġijiet ta’ Malta.
Il-kors, organizzat mis-Servizz tal-Insolvenza u r-Riċevitur, bħala l-awtorità kompetenti, flimkien ma’ akkademiċi distinti fis-settur tal-insolvenza, se jipprovdi informazzjoni dettaljata dwar il-qafas tal-insolvenza u gwida prattika lil dawk li jixtiequ jwettqu l-funzjonijiet ta’ prattikant fl-insolvenza f’termini tal-liġi Maltija.
Il-kors se jkun mifrux fuq sitt xhur, minn Novembru 2025 sa April 2026, b’xi lekċers isiru fil-binja tar-Reġistru tan-Negozju ta’ Malta u oħrajn online. Mat-tmiem il-kors, il-kandidati jiġu evalwati individwalment mill-awtorità kompetenti u dawk meqjusa li jissodisfaw ir-rekwiżiti fil-liġi tinħarġilhom l-awtorizzazzjoni dovuta biex jeżerċitaw il-funzjonijiet ta’ prattikant fl-insolvenza skont l-Artikolu 4(1) tal-Att dwar il-Prattikanti fl-Insolvenza.
Dr Ingrid Hamilton, ir-Riċevitur Uffiċjali u l-Kap tas-Servizz tal-Insolvenza u r-Riċevitur, enfasizzat li dan il-kors se jiftaħ il-bieb għal niċċa innovattiva fis-settur legali tal-insolvenza, li toffri lill-prattikanti opportunitajiet siewja biex jipprovdu gwida kruċjali lin-negozji li qed jiffaċċjaw diffikultajiet finanzjarji. “Din l-inizjattiva se tgħammar lill-professjonisti bl-għodod meħtieġa biex jgħinu lill-intrapriżi f’diffikultà u jiżguraw ċans ieħor,” qal Dr Hamilton. Wara l-kors inawgurali li sar is-sena l-oħra, ġie ġġenerat interess sinifikanti fost il-prattikanti, u dan ġie rikonoxxut bħala opportunità unika biex jispeċjalizzaw u b’hekk ikunu jistgħu jappoġġjaw aħjar il-kumpaniji fi żminijiet diffiċli. It-tieni sejħa għall-prattikanti biex jirreġistraw għall-kors tirrifletti l-impenn kontinwu tar-Reġistru tan-Negozju ta’ Malta (MBR) biex l-industrija tiġi mgħammra bl-għarfien espert u r-riżorsi li teħtieġ biex tirnexxi.
Il-Ministru għall-Ekonomija, il-Fondi tal-UE, l-Intrapriża u l-Proġetti Strateġiċi, Silvio Schembri, enfasizza l-pass pożittiv miksub bl-akkreditazzjoni ta’ 13-il prattikant fl-insolvenza f’Malta wara t-tlestija tal-ewwel kors. “Filwaqt li din il-kisba timmarka bidu inkoraġġanti, huwa kruċjali li dan in-numru jkompli jikber. L-espansjoni tal-grupp ta’ professjonisti akkreditati se tiżgura li n-negozji, kemm jekk qed jaffaċċjaw żminijiet diffiċli kif ukoll jekk qed joħolqu l-opportunitajiet, jirċievu l-għarfien minn professjonisti u l-appoġġ li jeħtieġu biex jirnexxu, isostnu l-operat tagħhom, u jiġġeneraw prospetti ġodda ta’ impjiegi, u dan huwa eżattament dak li qed jagħmel l-MBR,” qal il-Ministru Schembri.
Il-parteċipanti rreġistrati li (i) ma jissodisfawx il-kriterji ta’ eliġibbiltà għall-awtorizzazzjoni biex jaġixxu bħala prattikant fl-insolvenza f’termini tal-liġi Maltija, u/jew (ii) ma attendewx mill-inqas 80 % tas-sessjonijiet tal-kors, mhux se jkunu eliġibbli għall-valutazzjoni.
Is-Servizz ta’ Insolvenza u Riċevitur jistieden lil dawk interessati biex jirreġistraw l-interess tagħhom fil-kors billi jibagħtu email fuq info.irs@mbr.mt għal aktar informazzjoni sa mhux aktar tard mis-17 ta’ Ottubru 2025.
Kwalunkwe terminu jew espressjoni li huwa definit fl-Att dwar il-Prattikanti tal-Insolvenza u l-Att ta’ Qabel l-Insolvenza u użat, iżda mhux definit f’dan l-avviż, għandu jkollu l-istess tifsira mogħtija lilu f’dawn l-Atti.