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 [email protected] for more information by not later than 17 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.