Working Since 1998


Founded in 1998 by Dr Malcolm Mallia, LEXCO began 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 to adopt and comply to a variety of international standards.

Given the ever-increasing demands for compliance in the business and professional world, LEXCO’s services evolved to include assistance with local and international laws and guidelines related to Anti-Money Laundering and Funding of Terrorism.

LEXCO have since supported countless ‘subject persons’ from within the heart of Valletta, and, with their unique identity, state-of-the-art AML software, and continually growing team, have taken the Maltese Compliance scene by storm.

our history 2


Legal Compliance indicates Anti-Money Laundering (AML) Services whereby ‘subject persons’ are obliged by law to comply with the various local and international rules, regulations, directives, and guidelines that are frequently issued.



Dr Malcolm Mallia, Founder and CEO of LEXCO, is responsible for LEXCO’S strategic and business development functions as well as client relationship management. As CEO, he supports the Compliance team in all legal matters relating to compliance, anti-money laundering and customer due diligence. Dr Mallia 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 which do not have internal legal and compliance departments.

Dr Mallia 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 strategy and corporate reorganisation, helping organisations become compliant to their relevant industry and legal standards.

Dr Mallia 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).

Dr Mallia 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).


LEXCO prides itself on having a team of dedicated individuals who specialise in regulatory compliance and AML/CFT matters, and whose main priority is to always provide high quality service that meets our customer’s requirements and expectations. With our team’s comprehensive knowledge and wealth of experience, we assist in all compliance procedures and offer real-time support, so that our clients can mainly focus on their business. Apart from offering support, we also provide outsourcing of compliance services, which means that all compliance obligations required by your business will be handled by our team.

LEXCO also offers clients the benefit of appointing one of our key officers to be the official compliance officer as approved (‘PQd’) with MFSA with the additional benefit of the Compliance Officer having the support of the qualified and experienced team mentioned earlier.

Our compliance team is made up of experienced professionals in the industry, some of which have even worked with the financial regulator in the past, making them the ideal allies to guide you to fulfil your compliance responsibilities.

Compliance Team