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EIOPA publishes Supervisory Statement on the Use of Governance Arrangements in Third Countries
EIOPA publishes Supervisory Statement on the Use of Governance Arrangements in Third Countries Insurance & Reinsurance

EIOPA publishes Supervisory Statement on the Use of Governance Arrangements in Third Countries

On the 2nd of February 2023, the European Insurance and Occupational Pensions Authority (hereinafter referred to as “EIOPA”) published a Supervisory Statement on the use of governance arrangements in third countries to perform functions or activities (hereinafter referred to as the “Statement”). This Statement has been published in the context of EIOPA’s previous emphasis on insurance undertakings to institute corporate substance proportionate to the nature, scale and complexity of their business. The aim of this Statement is to strengthen the level of supervision and monitoring of insurance undertakings’ and insurance intermediaries’ compliance with relevant legislation in connection with their governance…
Edmond Zammit Laferla and Tessa Borg Bartolo
14th April 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 series of webinars with a focus on identifying practical issues faced by directors and officers of a company when carrying out their roles effectively including (i) general duties; (ii) corporate governance; (iii) reporting obligations; (iv) data protection; (v) competition; (vi) capital markets; and (vii) insolvency. Agenda and registration details will be communicated soon.In the meantime, save these dates: 08 to 12 May 2023
Mamo TCV Advocates
4th April 2023
Mamo TCV confirmed as one of Malta’s Top Law Firms by Chambers Europe News

Mamo TCV confirmed as one of Malta’s Top Law Firms by Chambers Europe

Mamo TCV’s position as one of the leading Maltese law firms was recognised again in this year’s Chambers Guide for Europe, which ranked the firm  as a “Band 1” law firm for “General Business Law” and “Band 2” for “Shipping”. Moreover, a number of our partners and associates were recognised as notable practitioners in their respective areas of practice. While Chambers described Mamo TCV Advocates as a stellar law firm with an acclaimed corporate and dispute resolution practice, the following members of our team were also singled out for their work: Andrew Muscat (Star Individual – Corporate/Commercial) Joseph Camilleri (Band…
Mamo TCV Advocates
17th March 2023
Malta to Apply the 2019 Hague Judgments Convention by 1st September 2023 Litigation & Dispute Resolution

Malta to Apply the 2019 Hague Judgments Convention by 1st September 2023

Malta, as a European Union (‘EU’) Member State, is bound to apply the 2019 Hague Convention on Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters, also known as the Hague Judgments Convention, from the 1st of September 2023. This Convention, concluded on the 2nd of July 2019 by the Hague Conference on Private International Law, pertains to one of the three fundamental pillars of private international law, that is, the recognition and enforcement of foreign judgments. The main objective of this legal instrument is to enhance cross-border transactions, ensure legal certainty and improve access to justice on…
Klara Cachia
13th March 2023
AI systems are ultimately complex computer codes whose output reflects their input. If the inputted data contains human bias, the AI system tends to produce results which exacerbates existing biases. In this insight briefing, we analyse the effect that human bias in AI could have on EU investment funds.
AI & Funds #5 – Human Bias Investment Services & Funds

AI & Funds #5 – Human Bias

In an underground burial temple located within the EU’s southernmost State, one can find a primitive drawing of a spiralling never-ending red tree. Archaeologists opine that the millennia-old Saflieni Hypogeum’s ‘Tree of Life’ was painted to give meaning to death. There is no evidence that the Maltese prehistoric biosphere sustained red spiralling trees. If archaeologists did not inform us about this pictorial human bias, one might have assumed that never-ending trees did exist in Malta. Humans understand that trees are not never-ending and the red artefact is merely an imaginary depiction. On the other hand, Artificial Intelligence (“AI”) knows that…
Mario Mizzi
9th March 2023