The Malta Independent 12 May 2024, Sunday
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Better Regulation ‘vital for competitiveness’

Malta Independent Thursday, 26 April 2012, 00:00 Last update: about 11 years ago

The Malta Chamber of Commerce, Enterprise and Industry welcomed the commencement of a consultation process on proposed amendments of commercial licences regulations, announced by the Ministry for Fair Competition.

It said it has been following this matter closely in recent weeks within its efforts in the area of better regulation. In this regard, it has for a number of years been making strong representations to reduce administrative burdens on businesses, particularly SMEs who are the worst affected by red tape.

The chamber hoped that any legislative change or administrative burden reduction is trickled down to clients facing staff in government entities, to ensure a smooth transition to more efficient practices. In this regard, the recent establishment of Business First is a further step in the right direction.

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