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Amendments to the Competition Act and Consumer Affairs Act are now in force Legal Updates

Amendments to the Competition Act and Consumer Affairs Act are now in force

On 29 July 2019, Legal Notice 179 of 2019 brought the Competition Act and Consumer Affairs Act and other Laws (Amendment) Act ("the Amendment Act") into force. The Act introduced extensive amendments to the Competition Act (read more here) and the Consumer Affairs Act (read more here). These amendments are a welcome change intended to ensure that the procedure adopted by the relevant administrative authorities in competition and consumer cases comply with the right to a fair hearing enshrined in the Constitution of Malta. Disclaimer This document does not purport to give legal, financial or tax advice. Should you require…
MamoTCV Advocates
31st July 2019
Mamo TCV Welcomes Trainees for Summer 2019 News

Mamo TCV Welcomes Trainees for Summer 2019

Mamo TCV Advocates has the pleasure of welcoming a number of legal trainees for its Summer 2019 Internship Program.The trainees will be participating in one or more of the areas of practice of the Firm, including:​Corporate/ CommercialImmigrationIntellectual Property/ Data ProtectionLitigationShipping/ AviationFinancial ServicesEmploymentBanking & Finance The programme is designed to give students practical, hands-on experience by working at a leading law firm with experts in various fields.This is intended to help trainees prepare for their future careers in their chosen area of specialisation.The trainees will be involved in projects that will expose them to the chosen area of practice in a…
MamoTCV Advocates
29th July 2019
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MFSA publishes Guidance Document on “Fit & Proper” Assessments Legal Updates

MFSA publishes Guidance Document on “Fit & Proper” Assessments

The MFSA (the "Authority") has issued a guidance document on the fitness and properness assessment which is currently applied by the Authority. This document outlines the high-level principles that must be adhered to in order to safeguard and ensure the integrity of the financial services sector.In assessing the fitness and properness of individuals proposed for, or holding, approved positions, the Authority assesses the following four criteria:i. Competence;ii. Reputation;iii. Conflicts of Interest and Independence of Mind; andiv. Time Commitment. It is important to note that this assessment is an on-going requirement and thus, even when individuals are approved, they will still…
MamoTCV Advocates
10th July 2019
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MFSA publishes Guidance Document on “Fit & Proper” Assessments Legal Updates

MFSA publishes Guidance Document on “Fit & Proper” Assessments

The MFSA (the "Authority") has issued a guidance document on the fitness and properness assessment which is currently applied by the Authority. This document outlines the high-level principles that must be adhered to in order to safeguard and ensure the integrity of the financial services sector.In assessing the fitness and properness of individuals proposed for, or holding, approved positions, the Authority assesses the following four criteria:i. Competence;ii. Reputation;iii. Conflicts of Interest and Independence of Mind; andiv. Time Commitment. It is important to note that this assessment is an on-going requirement and thus, even when individuals are approved, they will still…
MamoTCV Advocates
10th July 2019
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MamoTCV presents donation to Dar tal-Providenza News

MamoTCV presents donation to Dar tal-Providenza

During the annual MamoTCV Quiz Night held on the 30th May 2019 the employees, associates and partners of the firm have collected the nice sum of €2600, this year to be donated to Dar tal-Providenza.This sum was presented to Dar tal-Providenza on the popular tv programme Xarabank, during the special edition dedicated to fund raising to help this special institution. Dr. Nicholas Valenzia and Dr. Jonathan Abela Fiorentino presented the cheque. Nicholas Valenzia, Jonathan Abela Fiorentino and young Giacomo presenting the cheque on the TV Programme Xarabank Nicholas Valenzia, Jonathan Abela Fiorentino and young Giacomo presenting the cheque on the…
MamoTCV Advocates
2nd July 2019
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Human Rights Update – A1-P1 cases decided in May 2019 Legal Updates

Human Rights Update – A1-P1 cases decided in May 2019

The European Court of Human Rights (the "ECtHR") has decided the following Article 1 of Protocol No. 1 ("A1-P1") cases during the month of May 2019: Zammit & Vassallo v. Malta  – where the European Court of Human Rights found a breach of applicants' right to property after the Maltese Government carried out a de facto expropriation of their flat in Senglea. The Maltese Government had failed to properly compensate the applicants for their loss, and the amount liquidated by the Constitutional Court was also too low. Application No. 43675/16 decided on the 28th May 2019Disclaimer This document does not purport…
MamoTCV Advocates
27th June 2019