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Mamo TCV Advocates

Legal Update
Corporate Legal Update for the Month of June 2023 Corporate and M&ALegal Updates

Corporate Legal Update for the Month of June 2023

On the 12th of June 2023, an Act to amend the Gaming Act (Chapter 583 of the Laws of Malta) was passed by the House of Representatives, which introduced article 56A to the Gaming Act in order to encourage the establishment of gaming operators in Malta who offer local and cross-border supply of services. On the 16th of June 2023, the MFSA published a Feedback Statement on the new Publication Policy, together with the Policy. Click   for an overview of the Publication Policy. The MFSA published a Circular on the 21st of June 2023 by way of an update…
Mamo TCV Advocates
14th July 2023
MFSA Publishes New Publication Policy, Alongside Feedback Statement Legal UpdatesRegulatory Compliance

MFSA Publishes New Publication Policy, Alongside Feedback Statement

On the 1st of December 2022, the MFSA published a Consultation Document on the New Publication Policy regarding Administrative Measures and Penalties thereby commencing a consultation period which closed on the 15th of January 2023. A subsequent Feedback Document containing the new Publication Policy was issued on the 16th of June 2023 (hereinafter referred to as the ‘Publication Policy’), following feedback received from the market. The Policy is applicable as of the 1st of June 2023 to all administrative measures imposed by the MFSA. By way of background, the Malta Financial Services Act (hereinafter referred to as the ‘MFSA Act’)…
Mamo TCV Advocates
13th July 2023
Legal Update
Corporate Legal Update for the Months of April and May 2023 Corporate and M&ALegal Updates

Corporate Legal Update for the Months of April and May 2023

On the 21st of April, Bill number 53 entitled the Arbiter for Financial Services (Amendment) Act (Chapter 555 of the Laws of Malta) was published among the Government Notices in the Supplement to the Government Gazette. This Bill has reached First Reading stage in Parliament and aims to amend the definitions of “customer” and “eligible customer” so as to enable consumer associations to file complaints before the Arbiter for Financial Services and to bring the Act in line with the provisions of Directive (EU) 2016/97. A subsequent Bill numbered 54 and entitled the Representative Actions (Consumers) Act was published in…
Mamo TCV Advocates
22nd June 2023
Mamo TCV Participates in Malta Shipping Symposium NewsShipping, Yachting and Transport

Mamo TCV Participates in Malta Shipping Symposium

Partner Dr Nicholas Valenzia and Associates Dr Aleandro Mifsud and Dr Alexia Pollacco attended the Malta Shipping Symposium which took place on the 30th of May 2023 at the Malta Chamber of Commerce. The event was organized by Transport Malta, the Ministry for Transport, Infrastructure and Capital Projects, the Malta Maritime Law Association and the Malta International Shipowners Association. The symposium celebrated the 50th anniversary of Malta’s Merchant Shipping Act bringing together numerous stakeholders from the local and international shipping industry and provided a forum for discussion on Malta’s past achievements in the sector and the potential for future growth.…
Mamo TCV Advocates
31st May 2023
EBACE 2023
Nicholas Valenzia and Joshua Chircop attend EBACE 2023 in Geneva News

Nicholas Valenzia and Joshua Chircop attend EBACE 2023 in Geneva

Partner Dr Nicholas Valenzia and Senior Associate Dr Joshua Chircop attended this year’s European Business Aviation Conference Exhibition held between the 23rd and 25th May in Geneva, Switzerland.EBACE is a premier event and the annual meeting place for the European business aviation community. The exhibition brings together business leaders, government officials, manufacturers, flight department personnel, avionics firms, fractional providers, charter/lease companies and all manner of people involved in nearly every aspect of business aviation. Get in touch with us at aviation@mamotcv.com should you require further information.
Mamo TCV Advocates
31st May 2023
Mamo TCV The Crowdfunding Service Providers Bill has reached first reading stage in Parliament
First Reading of Crowdfunding Service Providers Bill in Parliament Capital MarketsLegal Updates

First Reading of Crowdfunding Service Providers Bill in Parliament

The Crowdfunding Service Providers Bill reached First Reading stage in Parliament on the 17th of May, 2023. This proposed Act aims to implement provisions of Regulation (EU) 2020/1503 on European crowdfunding service providers for business and it provides for the establishment of a regulatory framework for crowdfunding service providers for business, including the organisation, authorisation and supervision of such crowdfunding service providers. Disclaimer: This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do not hesitate to contact info@mamotcv.com 
Mamo TCV Advocates
26th May 2023