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Termination Based on Health Incapacity: Guidance for Lawful Termination Employment and Industrial RelationsLitigation & Dispute Resolution

Termination Based on Health Incapacity: Guidance for Lawful Termination

In case number 4109/JHP decided on 25 November 2024, the Industrial Tribunal upheld the dismissal of a former employee by a Company, determining that the termination was lawful and justified. The case centered on the employee, who had served as a Senior Customer Support Agent, and whose ongoing mental health challenges and resulting inability to perform his duties led to his dismissal. The Tribunal highlighted that the Company made considerable efforts to support the former employee throughout his period of difficulty. These included granting medical leave, approving his request to travel to his home country for recuperation, and arranging meetings…
Kristen Camilleri and Christine Calleja
3rd December 2024
European Blockchain Sandbox
Applications Open for 3rd and Final Cohort of European Blockchain Sandbox News

Applications Open for 3rd and Final Cohort of European Blockchain Sandbox

The European Blockchain Sandbox (the ‘Sandbox’) is a pan-European dialogue between innovators who come up with particularly interesting, original and useful applications for blockchain technology, and the relevant regulatory authorities that would be involved in such a project. The Sandbox is running from 2023 to 2026 and each year is supporting 20 use cases on the European Blockchain Services Infrastructure (EBSI). Applications for the third and final cohort are now open. Maltese companies (including start-ups) interested in participating have until the deadline of 31 January 2025 to apply. More information, including the application form and the terms of the application…
Mamo TCV Advocates
2nd December 2024
Scene in Valletta
Family Offices Get Maltese Investment Law Exemption Investment Services & Funds

Family Offices Get Maltese Investment Law Exemption

Family offices which choose to manage their global investments from Malta have been given a new legal exemption through a recent amendment in the applicable investment services rulebook of the Malta Financial Services Authority (“MFSA”). On the  27th of November 2024, the MFSA issued a circular titled “Establishment of Single Family Offices in Malta”. The circular provides that a Notified Professional Investor Fund (“NPIF”) which is set up to solely manage the investment of a single family office (without raising external capital) does not require a licensed fund manager anymore. This is a beneficial exemption which reduces cost and bureaucracy…
Katya Tua and Mario Mizzi
28th November 2024
Dr Annalies Muscat - Mamo TCV Advocates
Mamo TCV Advocates at the Annual Company Law Conference News

Mamo TCV Advocates at the Annual Company Law Conference

Dr Annalies Muscat was invited to address the prestigious Annual Company Law Conference organised by the Malta Chamber of Advocates at the University of Malta Valletta campus on 20 November 2024. Dr Muscat spoke about the local experience in the control of mergers and acquisitions. She highlighted the importance of knowing when a concentration notification needs to be made to the Office for Competition and explained how the process is carried out, with particular reference to two local case studies. The Conference is now in its twenty-first year and has become a staple in the legal practitioner’s diary, covering topical…
Mamo TCV Advocates
26th November 2024
Ensuring Product Safety in the Age of AI
AI in a Consumer-Driven World: Ensuring Product Safety in the Age of AI Antitrust, Competition and Trade

AI in a Consumer-Driven World: Ensuring Product Safety in the Age of AI

Artificial intelligence (‘AI’) is revolutionising various industries and in today’s consumer-driven world, ensuring the safety of products is of paramount importance, more so when considering the innovative products being placed on the market. At the core of the AI Act are requirements that providers, manufacturers, importers, and distributors of AI systems must meet before making an AI system available for use or distribution on the Union market. These requirements cover AI systems that are, or that are safety components of, products such as toys, lifts, radio equipment, and medical devices which are classified as “high-risk” – that is AI systems…
Laura Spiteri
25th November 2024
Cheques
Recent Amendments to CBM Directive 19 Corporate and M&A

Recent Amendments to CBM Directive 19

Introduction Directive No. 19 (the “Directive”), issued by the Central Bank of Malta (the “CBM” or the “Central Bank”) on the 7th July 2021 officially came into effect on 1st January 2022, with amendments issued in September 2024. It applies to all paper-based instruments issued, processed, or encashed within Malta’s jurisdiction, as long as these instruments are denominated in euros. The Directive sets the framework for the safe and effective use of cheques and bank drafts (collectively referred to as "paper-based instruments") where the payer, payee and the regulated institutions servicing the paper-based instruments are all located in Malta. It…
Michael Psaila
19th November 2024