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MFSA Issues Circular on Proposed Changes to the Companies Act (Cell Companies Carrying on Business of Insurance) Regulations
Court of Appeal Rejects Employee’s Claim for Unfair Dismissal Employment and Industrial RelationsLitigation & Dispute Resolution

Court of Appeal Rejects Employee’s Claim for Unfair Dismissal

On the 15th of September 2023, the Court of Appeal (Inferior Jurisdiction) (Appeal Number: 155/2022 LM) reversed the Industrial Tribunal’s decision that had previously considered that the plaintiff had been unfairly dismissed from his employment with a bank. The Court was tasked with deciding on the employee’s allegations during proceedings which primarily related to claiming discriminatory treatment and unfair dismissal. The employee had embarked on a year-long career break during his employment with the bank after having first obtained permission from management in compliance with the Collective Agreement then in place. The bone of contention revolved around the way in…
Klara Cachia and Christine Calleja
26th September 2023
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Mamo TCV Advocates Rated as Tier 1 Firm by IFLR 1000 AwardsNews

Mamo TCV Advocates Rated as Tier 1 Firm by IFLR 1000

In its 2023 edition IFLR 1000 ranked Mamo TCV Advocates as a Tier 1 firm. In its review, IFLR noted the firm’s recognition in the financial and corporate space, due to its strong international practice and active participation in all areas of commercial law.  More details can be found here.We are also pleased to announce that Andrew Muscat, Michael Psaila and Katya Tua have been once again recognised as highly regarded lawyers by the IFLR1000. Andrew is a Senior Partner at Mamo TCV Advocates and co-heads the Corporate, Capital Markets, Insolvency and Banking practice groups. He has developed a wide-ranging…
Mamo TCV Advocates
14th September 2023
Mamo TCV Joins the Malta Business Aviation Association AviationNews

Mamo TCV Joins the Malta Business Aviation Association

Mamo TCV is pleased to announce that it has become a member of the Malta Business Aviation Association (MBAA) which is Malta’s national business aviation association. The MBAA is a member of the European Business Aviation Association (EBAA). The MBAA recently released a public statement announcing Mamo TCV’s addition to its business aviation community. The MBAA had the following to say about the firm: “With their expertise and passion for aviation, we are confident that they will bring fresh perspectives and innovative ideas to our collaborative efforts.”The MBAA’s primary goal is to promote excellence and professionalism amongst its members, empowering…
Mamo TCV Advocates
11th September 2023
Legal Update
Corporate Legal Update for the Month of August 2023 Corporate and M&ALegal Updates

Corporate Legal Update for the Month of August 2023

On the 9th of August 2023 the MFSA published a circular regarding the Observations from Supervisory Inspections held with Issuers on the Prevention of Financial Market Abuse. Since 2018, the MFSA has been conducting onsite compliance meetings with issuers whose financial instruments are traded on a Maltese trading venue, relating to the Market Abuse Regulation (hereinafter referred to as ‘MAR’). The aim of this was to ensure proper implementation of the MAR.  After conducting numerous onsite compliance meetings, the Authority released a circular on the 16th of March 2020, to communicate the overall findings derived from these meetings. Three years…
Mamo TCV Advocates
11th September 2023
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CJEU Rules that FDI cannot Restrict Fundamental Freedoms Antitrust, Competition and Trade

CJEU Rules that FDI cannot Restrict Fundamental Freedoms

In a recent response to a request for a preliminary ruling made by a court in Hungary, the Court of Justice of the European Union (the ‘CJEU’) delivered an interesting ruling on the applicability of the Foreign Direct Investment Regulation (the ‘FDI Regulation’). The FDI Regulation establishes a framework for the screening of foreign direct investments into the European Union (the ‘EU’) on the grounds of security or public order by the Member States. In the recent Xella judgment, the Hungarian Court asked the CJEU whether preventing foreign investors – including companies based in the EU but over which a…
Laura Spiteri
6th September 2023