Press Release

Issued by Equiom.

May 22, 2013

The Equiom Group is pleased to announce the opening of its new office in Swatar, Malta.

Equiom's Group managing director Sheila Dean commented on this significant milestone in Equiom's development: “Our decision to expand our business into Malta was based on a number of factors including low effective tax rates for Maltese tax resident entities, access to a highly educated workforce and low political and economic risk. Additionally this office will complement our efforts to build and secure existing client relationships we have in the UK, Switzerland, Middle East, Russia and other CIS member states”. Sheila continued: “I am delighted to welcome our new non-executive directors Dr Charles Mangion, and Mr Benjamin Muscat, on to the board together with myself, Aidan Davin and Annie Sanchez –Talavera.”

Equiom's client services director Aidan Davin added: “Equiom is fully committed to ensuring that our service offering to our clients and intermediaries continues to develop. We recognise that every client has a unique set of requirements and therefore needs a flexible range of solutions tailored to their individual needs, and our decision to expand our jurisdictional capability is a key objective in our corporate strategy moving forward”. 

The Group's head office in the Isle of Man will provide back-office support functions, drawing on Equiom's heritage, experience, and technical expertise in the Yachting, Aviation & e-Gaming sectors. Equiom operates these niche business lines in addition to its traditional corporate and fiduciary services with the intention of being the premier manager of these specific asset classes and proudly manages a large fleet of Superyachts and Business Jets assisting owners in registering, managing and enjoying their assets. Equiom has also successfully managed numerous licence applications for e-Gaming operators across a broad range of gaming platforms, and within its fiduciary services business line holds prime commercial property in excess of £3 billion throughout the UK & Europe.

Equiom's expansion into Malta further demonstrates the Group's commitment to developing its strategy for expansive growth into other jurisdictions and this latest offering is another solution which enhances our range of existing wealth management solutions available in the Isle of Man, Jersey and Cyprus.