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Insights

Mamo TCV Advocates
Court of Appeal Overturns Industrial Tribunal Decision in a Case of Unfair Dismissal Employment and Industrial Relations

Court of Appeal Overturns Industrial Tribunal Decision in a Case of Unfair Dismissal

In the Industrial Tribunal case of David Magro v HSBC Bank Malta plc, the applicant alleged that he had been unfairly dismissed when the defendant bank had not accepted to renew his career break, resulting in his employment being terminated. The applicant had been granted such a renewal for several years but had agreed with the Bank that the last renewal would be final, and that by a specific date, he had to either resign or return to perform his duties with the Bank. Notwithstanding this agreement, the applicant applied once again for another extension which was refused by the…
Christine Calleja and Erika Azzopardi Taliana
10th May 2023
Fintech Insights #2 –
Maltese EMIs FinTech

Fintech Insights #2 –
Maltese EMIs

Electronic Money Institutions (EMIs) are financial institutions that offer electronic money services to customers. Legislation on EMIs is partially harmonised in the EU as there is only an Electronic Money Directive (Directive 2009/110/EC) (“EMD”) rather than a regulation. In Malta, the EMD is transposed in the Financial Institutions Act, Chapter 376 of the Laws of Malta. Article 2 of the EMD defines electronic money as “electronically, including magnetically, stored monetary value as represented by a claim on the issuer which is issued on receipt of funds for the purpose of making payment transactions as defined in point 5 of Article…
Mario Mizzi
10th May 2023
In this series of briefings on financial technology law, we will share insights on the current and proposed EU laws that seek to regulate financial services being provided through digital means.
Fintech Insights #1 –
Introductory Briefing FinTech

Fintech Insights #1 –
Introductory Briefing

The progression of online financial ecosystems supporting any modern economy hinges on the citizens’ use of new financial technologies. In Malta, the word ‘fintech’ is neither defined by law nor found in the jurisdiction’s primary legislation. Yet, local stakeholders on the island commonly limit the meaning of the word to blockchain-based finance. In reality, at EU level (and to a certain extent, globally), fintech comprises all those banking and digital payment solutions which make use of the internet and other electronic means rather than using ink and paper. These include electronic money institutions, payment service providers, and banks using any…
Mario Mizzi
4th May 2023
On 18 April 2023, the European Commission confirmed that it has started unannounced inspections at various companies in the fashion sector across Europe.
European Commission Raids Fashion Companies Across Europe Antitrust, Competition and Trade

European Commission Raids Fashion Companies Across Europe

The European Commission has confirmed that it has started dawn raids at the premises of companies operating in the fashion industry in several Member States. Officers from national competition authorities accompanied Commission officials at these inspections. The Commission has also sent out formal requests for information to such companies. The Commission clarified that it is concerned that these companies are in breach of Article 101 of the Treaty on the Functioning of the European Union, which prohibits cartels and other restrictive arrangements, however no further details were forthcoming from the Commission at this stage. Unannounced inspections – or “dawn raids”…
Annalies Muscat
3rd May 2023
Practical Seminar Series Directors and Officers 8-12 May 2023
Practical Seminar Series: Directors and Officers News

Practical Seminar Series: Directors and Officers

Mamo TCV Advocates is organising a week-long series of online seminars covering various practical topics of interest for directors and officers of Maltese companies. Dates: 8th – 12th of May 2023 Times per seminar: 10.00am – 10.50am and 11.00am – 11.50am Platform: Microsoft Teams Speakers: A number of speakers will be delivering insightful presentations on various pertinent topics, as per the Agenda below.Attendance for each of these seminars is free of charge upon registration by clicking the links below.
Mamo TCV Advocates
30th April 2023