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Mamo TCV Contributes to the Legal 500: Capital Markets Comparative Guide 2023 Banking & FinanceNews

Mamo TCV Contributes to the Legal 500: Capital Markets Comparative Guide 2023

Mamo TCV Advocates contributed to the July 2023 1st Edition of The Legal 500: Capital Markets Comparative Guide. The Legal 500 is an online repository through which law firms across the world contribute to the updating of the legal market and through which law firms and legal practitioners are ranked according to practice areas. Partners of the Firm, Andrew Muscat and Mikiel Calleja, were the contributors to the Malta Chapter of the Capital Markets Q&A, which provides jurisdiction-specific information on various aspects of Maltese Capital Markets laws, regulations and authorities. Click here to download the Maltese Chapter and read the full…
Mamo TCV Advocates
26th July 2023
Regulatory Compliance Quarterly Update | Q2 2023 Insurance & ReinsuranceInvestment Services & FundsRegulatory Compliance

Regulatory Compliance Quarterly Update | Q2 2023

We are pleased to issue our fifth 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, company service providers, insurance undertakings, and insurance intermediaries. Our fifth Regulatory Compliance Quarterly Update can be found here.The Regulatory Compliance Quarterly Update does not purport to give legal, regulatory,financial or tax advice. Should you require further information or assistance, please do not hesitate…
Mamo TCV Advocates
17th July 2023
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
Civil Court (Commercial Section) on whether a #retrial of #liquidationproceedings is possible
Consumer Claims Tribunal Can Now Hear Claims of up to €10,000 Antitrust, Competition and Trade

Consumer Claims Tribunal Can Now Hear Claims of up to €10,000

On 10 July 2023, the Maltese Parliament resolved in favour of several amendments to the Consumer Affairs Act. These amendments serve two purposes. Firstly, the Consumer Claims Tribunal can now hear consumer claims of up to €10,000. This amendment represents a significant increase in the value of the claims that can be heard by the arbiter given the previous threshold of €5,000. This means that consumers can now opt to go to the Tribunal rather than initiate Court proceedings for a greater number of cases. Secondly, provision has now been made for the use of video conferencing in Tribunal proceedings…
Annalies Muscat
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