Member Spotlight – CSB Group

CSB’s Path to Growth

CSB Group is one of Malta’s largest and longest-established corporate service providers. Dr Franklin Cachia tells us what makes the company tick.

For those who don’t know the CSB Group, can you provide some background on the company?

CSB Group was established in 1987 and has since grown to become a trusted and respected Corporate Services Provider in Malta. With diversified yet specialised areas of service, we have assisted numerous clients in setting up their company in Malta and obtaining iGaming, Regulated Financial Services or Virtual Financial Assets (VFA) licences, while also providing support with ancillary services. These include Trust and Fiduciary Services, Accounting, Tax Advice, Regulatory Compliance, Intellectual Property, Ship and Yacht Registration, Aviation Services, Investment Migration Consultancy, Recruitment, Relocation and Real Estate Services.

With a team of 100+ professionals, each specialised in their area of expertise, the Group is uniquely positioned to provide a 360° approach and effectively meet clients’ requirements in a personalised and responsive manner. Our recruitment arm, VC (VacancyCentre) together with our prestigious associated brands, Regus and Malta Sotheby’s International Realty add further value to clients seeking bespoke and top-shelf solutions.

CSB Group includes CSB International Ltd, authorised by the Malta Financial Services Authority (MFSA) to act as a Company Service Provider and authorised by the Community Malta Agency to act as a Licensed Agent for the Maltese Exceptional Investment Naturalisation and the Malta Permanent Residence Programme; CSB Trustees & Fiduciaries Ltd, authorised by the MFSA to act as a Trustee Company and Administrator of Private Foundations; and CSB Fintech Ltd, authorised by the MFSA to act as a fully registered VFA Agent in accordance with the Virtual Financial Assets Act.

Can you share a little-known fact about CSB?

CSB Group was founded by today’s Chairman, Tony Zammit, and is led by Group CEO Michael J. Zammit. It is fundamentally a family-run business, and the family values are predominantly strong. The Group firmly believes that a Human Touch is what makes a difference in client relationships. Being entrepreneurs ourselves, we understand the effort behind our clients’ endeavours and strive to provide value, making our support promptly available through the good as well as the challenging times.

What are you currently working on and what are your company’s plans and strategic priorities for the coming years?

AML/CFT Compliance has increased its importance across the board. Nevertheless, CSB Group provides not only AML/CFT Compliance advisory but even consultancy and business advisory on regulated industries licence applications with the MFSA and the Malta Gaming Authority (MGA), including but not limited to, insurance, investment services providers, VFA services providers, M&A transactions, shipping, yachting and aviation advisory services. In the coming years our priority will be to keep growing our team, keep developing our expertise and remain in the best position to advise our clients.

Are there any projects/achievements of your company that you are exceptionally proud of?

CSB Group, as a registered VFA agent, obtained the first Class 2 VFA Services Providers licence from the MFSA for one of our clients. Furthermore, we have acted as the lead Maltese counsel for multi-million M&A transactions throughout the last year.

What in your opinion makes Malta an effective jurisdiction to set up a business?

Malta is resilient and adaptable to the various challenges it faces. Malta remains at the forefront of innovation, and it is still considered a global hub for the financial services industry.

What kind of people/companies in the financial services community would you want to connect with?

CSB Group believes that every connection is an opportunity to learn and grow. Consequently, we believe that every person or company is worth connecting with.

Bio

Dr Franklin Cachia is Director of Tax & Regulated Industries at CSB Group. In 2015, Franklin furthered his studies at the University of Leiden in the Netherlands, where he read an Advanced LL.M. in International Tax Law with a specific focus on European Tax Law and VAT Law. He recently obtained a certification as a Certified Anti-Money Laundering Specialist (CAMS) from the Association of Certified Anti-Money Laundering Specialists (ACAMS) and a Diploma in International AML Compliance (ICA). Franklin is also an examiner at the University of Malta.