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BUSINESS TODAY 1 December 2022

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€1.50 THURSDAY 1 DECEMBER 2022 • ISSUE 183 WWW.BUSINESSTODAY.COM.MT INTERVIEW PAGE 5 PAGE 2 PAGE 3 PAGE 3 Malta shuts door to BO registry as EU Court invalidates rules Promoting AI while safeguarding users Brussels green- lights 122 million agricultural funds for Malta HSBC Malta direct shareholding transferred to HSBC Continental Europe MATTHEW VELLA THE Malta Business Registry is limit- ing access to the register of beneficial owners to competent authorities and subject persons only, just days after the European Court of Justice invalidated anti-money laundering rules that al- lowed public access to the so-called BO registry. e MBR, Malta's company registrar, said subject persons can apply for beneficial access to request that their identity as owners of a company – as UBOs – is not publicly available to the public. On 22 November, the ECJ ruled that the provisions in Directive (EU) 2015/849 which granted public access to Registers of Beneficial Owners to legal entities, were invalid, in a blow to transparency campaigners. STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 30 Nov 2022 Number of Trades: 82 Turnover: € 1,035,285.70 MSE TRX Index: 7,495.81 Change: -0.0161% Name: 5.5% MIH PLC MT0000371295 - Currency € Last Traded: 30 Nov 2022 Price 100.000 Change +1.000 US Dollar 1.0388 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,587.67 75.67 7,592.39 / 7,512.00 Value Net variation High / Low +1.01%

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