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Mamo TCV Advocates

Mamo TCV at Malta Aviation Conference & Expo (MACE)
Malta launches a Civil Aviation Policy for 2023-2030 AviationNews

Malta launches a Civil Aviation Policy for 2023-2030

Dr Nicholas Valenzia, head of the Shipping and Aviation Practice Area at the firm, was invited to speak at the National Aviation Conference which was organised by the Ministry for Transport, Infrastructure and Capital Projects on the 18th of January 2023 at the Phoenicia Hotel in Floriana. Dr Valenzia discussed the aircraft financing and leasing market in Malta and the challenges to enhancing sectorial capacity and improving socio-economic benefits. Dr Valenzia’s address during the Conference can be seen in the video below. During the Conference, the Ministry for Transport, Infrastructure and Capital Projects launched A Civil Aviation Policy for Malta…
Mamo TCV Advocates
26th January 2023
Regulatory Compliance Quarterly Update | Q4 2022 Banking & FinanceInsurance & ReinsuranceInvestment Services & FundsNews and PublicationsRegulatory Compliance

Regulatory Compliance Quarterly Update | Q4 2022

We are pleased to issue our third edition of the Regulatory Compliance Quarterly Updates. These updates are intended to keep Maltese regulated entities informed of regulatory changes and developments taking place in the local financial services space. In this issue, we focus on the sector specific and cross-sectoral regulatory updates relating to Investment Services and Asset Management; Credit and Financial Institutions; Company Service Providers and Insurance Undertakings and Insurance Intermediaries. Our Regulatory Compliance Quarterly Update can be found here. Our third Regulatory Compliance Quarterly Update can be found hereThe Regulatory Compliance Quarterly Update does not purport to give legal, regulatory,financial…
Mamo TCV Advocates
25th January 2023
MFSA Issues Circular on Proposed Changes to the Companies Act (Cell Companies Carrying on Business of Insurance) Regulations
MFSA Issues Circular on Proposed Changes to the Companies Act (Cell Companies Carrying on Business of Insurance) Regulations Insurance & ReinsuranceLegal Updates

MFSA Issues Circular on Proposed Changes to the Companies Act (Cell Companies Carrying on Business of Insurance) Regulations

The MFSA issued a Circular on the 22nd of December 2022 in which it proposed amendments to the Companies Act (Cell Companies carrying on business of Insurance) Regulations, Subsidiary Legislation 386.10 (“the PCC Regulations”). The PCC Regulations provide for the creation and regulation of cell companies. Currently, regulation 15 of the PCC Regulations provides that where a cell exclusively carries on business of affiliated re/insurance, the cell company may, by written agreement, provide that only the cellular assets of that cell may be utilized to satisfy the cellular liability of that cell. Hence, regulation 15 allows for the limitation of…
Mamo TCV Advocates
19th January 2023
Mamo TCV at Malta Aviation Conference & Expo (MACE)
Dr Nicholas Valenzia to speak at the National Aviation Conference AviationNews

Dr Nicholas Valenzia to speak at the National Aviation Conference

Dr Nicholas Valenzia, head of the Aviation Practice Area at the firm, has been invited to speak at the National Aviation Conference being organised by the Ministry of Transport, Infrastructure and Capital Projects on the 18th January 2023 at the Phoenicia Hotel, Floriana. Please feel free to get in touch for more information.
Mamo TCV Advocates
18th January 2023
Mamo TCV Industrial Tribunal on Dismissal During Notice Period
The Pre-Insolvency Act, Insolvency Practitioners Act and Commercial Code (Amendment) Act have entered into Maltese Law Corporate and M&ALegal Updates

The Pre-Insolvency Act, Insolvency Practitioners Act and Commercial Code (Amendment) Act have entered into Maltese Law

The Insolvency Practitioners Act, the Pre-Insolvency Act and the Commercial Code (Amendment) Act were passed by the House of Representatives on the 14th of December 2022 and were assented to by the President on the 23rd of December 2022. For more information, please see our articles on the Proposed Pre-Insolvency Bill, on the Proposed Insolvency Practitioners Bill and on the three proposed Insolvency Bills, collectively. 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
29th December 2022
Mamo TCV Advocates participates in the Society Education Annual Conference on Aspects of Maltese Company Law
Introducing Maritime and Aviation Cell Companies to Malta Shipping, Yachting and Transport

Introducing Maritime and Aviation Cell Companies to Malta

Dr Ingrid Fenech participated in the Society Education Annual Conference on Aspects of Maltese Company Law held on 29th November, where she delved into the recent amendments to the Companies Act introducing the notion of cell companies carrying on or engaged in shipping or aviation business. With this introduction into local law, the shipping and aviation sectors in Malta now have an effective tool with which to segregate and protect the cellular and other assets of the company from the core cell company and from other individual cells, allowing for the structuring and ring-fencing of each cell. During the seminar,…
Mamo TCV Advocates
7th December 2022