Following a consultation exercise with its members across various sectors, the Malta Chamber of SMEs presented its position on the Central Bank of Malta’s proposed amendments to Directive 19 concerning the use of cheques. While the SME Chamber recognised the Central Bank’s intention to encourage the transition towards more modern and efficient payment systems, several of the proposed measures required further assessment to ensure they remained practical, proportionate, and inclusive for the wider business community, particularly when dealing with self-employed individuals and micro-businesses.
Feedback collected from members highlighted concerns that extended beyond any specific industry. These concerns were particularly relevant to SMEs, which relied heavily on flexible and accessible payment methods to maintain stable cash flow, manage day-to-day operations, and serve a wide range of customers, including those who did not have access to local banking facilities or who were not yet fully comfortable with digital alternatives. In some instances, the proposed changes risked creating operational disruptions and increasing operational costs.
24 April 2026
The Malta Chamber of SMEs, in collaboration with Transport Malta, organised the second educational session...
23 April 2026
Thanks to EU funding, the Malta Chamber of SMEs organised another free specialised training session...
22 April 2026
Earlier this week, Malta Chamber of SMEs President Mr Paul Abela attended a special event...
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).
