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Working Since 1998

OUR HISTORY

LEXCO was set up in 1998 by Malcolm Mallia with the objective of providing compliance services to the business community. Operating under the trade name of ”Malcolm Mallia & Co” it was one of the first providers of business compliance services in Malta, assisting businesses adopt and comply to a variety of international standards.

The services provided continued to evolve and develop to meet the ever-increasing demands for compliance in the business and professional world. The latest addition to the service portfolio was compliance to Anti Money Laundering and Funding of Terrorism legislation.

Situated in the heart of Valletta, LEXCO supports a variety of “subject persons”, including Notaries, Auditors, Accountants, Legal professionals, Company Service Providers, Tax advisors, Real estate agents, and gaming companies to comply to the various local and international laws, regulations, directives and guidelines that are issued from time to time.

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LEGAL COMPLIANCE

Legal compliance includes Anti-Money Laundering (AML) Services whereby “subject persons”, including Notaries, Auditors, Accountants, Legal professionals, Company Service Providers, Tax advisors, Real estate agents, gaming companies etc…, have an obligation at law to comply with the various local and international laws, regulations, directives and guidelines that are issued from time to time.

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BUSINESS COMPLIANCE

Business compliance includes compliance to international standards including ISO 9001 Quality Management systems, ISO 14001 Environmental management systems and OHSAS 18001 Health and Safety systems whereby although companies do not have a legal obligation, they have a business and market driven requirement to comply to such standards and industry guidelines.

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FOUNDER & CEO

LEXCO, originally Malcolm Mallia & Co, was set up by Malcolm Mallia in 1998.

Malcolm is responsible for the strategic and business development functions of LEXCO as well as client relationship management. Furthermore he supports the head of compliance and a team of analysts in all legal matters relating to compliance, anti-money laundering and customer due diligence.

Malcolm brings to the table a relatively unique mix of business and legal experience which has become necessary in today’s competitive world. He is a business and legal advisor with 20 years experience in business consultancy, during which he also occupied various senior management posts.

From a legal perspective he focuses mainly on anti-money laundering law, company law and insolvency law having also acted as court appointed liquidator in court winding-up procedures.

From a business perspective, he has been involved personally in the set-up of new business ventures both locally and internationally. One of the biggest projects he worked on involved the set-up of a start-up in the telecoms industry which was eventually sold to private international banks and investors for 37 million USD.

From a compliance perspective, he has focused mainly on compliance, strategy and corporate reorganisation, helping organisations become compliant to their relevant and international industry and legal standards.

Malcolm has worked with organisations of all sizes and types, both local and international, Private and Government, however he focuses mainly on small to medium sized organisations where it does not make business economic sense to have a dedicated compliance, internal audit and strategic function.

Malcolm is a warranted advocate in Malta. He holds a Doctor of Laws degree from the University of Malta, a Bachelor of Commerce degree in accountancy and business management from the same University, and a Masters degree in Business Administration (MBA) from Henley Management College (UK)

Malcolm is also a visiting lecturer at the University of Malta in the Faculty of Economics, Management and Accounts, a member of the Malta Chamber of Advocates and an ISO 9001 certified auditor, after having undergone and successfully completed intensive lead auditor training in the UK with the British Standards Institute (BSI).

COMPLIANCE TEAM

LEXCO prides itself of a team of dedicated individuals whose main priority is to provide a service that meets our customer’s requirements and expectations. Driven by a sense of quality, we aim to provide a comprehensive service to our customers that allows them to focus on their core competence knowing that they can rely on the support of our team for all their compliance requirements.

Our head of compliance, Joanne LaCava, has over 15 years experience in banking and compliance with a leading bank in Malta and managed the financial crime compliance function of commercial and global banking before joining LEXCO. This knowledge and experience is an asset to the LEXCO compliance team and to LEXCOs customers.

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