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MRVP Update 2 ImmigrationNews

MRVP Update 2

L.N. 156 of 2020, entitled the Malta Residency Visa Agency (Establishment) (Amendment) Order, 2020 has come into force with the scope of introducing a new system of distribution of applicationsamongthe ApprovalsBoard.This has been done primarily to help with ensuring that each Approvals Board is assigned an equal number of cases, with the said assignment to be carried out by theChief ExecutiveOfficer of the Agency.An Approval Board shall be composed of a Chairperson and four (4) other members all appointed by the Minister responsible for the public administration.The members of the Approvals Board shall upon appointment, hold officeforaperiodofthree(3)years,and may be re-appointed,…
MamoTCV
30th April 2020
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MRVA Update ImmigrationNews

MRVA Update

The Malta Residency Visa Agency (MRVA) will be moving into new premises with its first day of operations from the new offices being Monday 4th May, 2020. The MRVA's new offices will be located at:Malta Residency Visa Agency Zentrum Business Centre Mdina Road, Qormi QRM 9010, Malta. This move is in keeping with the Agency's efforts to offer the best possible services to its Agents and applicants. Covid-19 measures remain in place and the same system of depositing files and documents will still stand. Naturally one must expect that some delays in communication and processing will be experienced while the…
MamoTCV
30th April 2020
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MCCAA Launches Consultation on Proposed Amendments to Consumer Affairs Act Legal UpdatesNews

MCCAA Launches Consultation on Proposed Amendments to Consumer Affairs Act

On 22 April 2020, the Malta Competition and Consumer Affairs Authority (the "MCCAA") published a consultation regarding a Bill to amend the Consumer Affairs Act (Chapter 378 of the laws of Malta) and other Laws, and to make ancillary and consequential provisions thereto. The proposed Bill aims to implement Regulation (EU) 2017/2394 on cooperation between national authorities responsible for the enforcement of consumer protection laws and repealing Regulation (EC) No 2006/2004, which lists the minimum investigation and enforcement powers of the competent authorities of the Member States. The consultation is open for feedback until 12 May 2020, and anyone who…
MamoTCV Advocates
28th April 2020
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Malta’s Employment Aid Scheme Approved Antitrust, Competition and TradeCOVID19 MeasuresLegal Updates

Malta’s Employment Aid Scheme Approved

On 24 April 2020, the European Commission approved Malta's €215 million wage subsidies scheme, which aims to prevent unemployment and to support undertakings that operate in sectors that have been greatly affected by the current outbreak.The notified aid comprises a scheme to finance wage costs of employers that would have otherwise had to lay off their employees as a result of COVID-19. Any undertaking, including self-employed individuals, hit hard by the pandemic may benefit under this scheme. Beneficiaries will receive aid that is proportional to their salary, which is capped at €800. The scheme was approved under the State Aid…
MamoTCV Advocates
28th April 2020
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Commission Approves Malta’s R&D State Aid Scheme Corporate and M&ACOVID19 MeasuresLegal Updates

Commission Approves Malta’s R&D State Aid Scheme

On 22nd April, 2020, the European Commission approved Malta's €5.3 million scheme to support investment in research and development related to the current pandemic. Any company, including public entities, intending to undertake research and development regarding COVID-19, and other related projects may benefit under the scheme. The scheme is intended to support the development of new solutions – such as medicinal products, medical equipment, and data collection tools – for the current crisis while also bettering foresight tools and methodologies for the future. Beneficiaries will receive aid, in the form of direct grants, of between 80% and 100% of the…
MamoTCV Advocates
28th April 2020
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EU Solidarity in Times of Crisis COVID19 MeasuresImmigration

EU Solidarity in Times of Crisis

Coronavirus: EU Economic plan for 2020With EU Member States accusing each other of not doing enough to help, the EU has finally reached some common ground that will go some way to lessen the impact Covid-19 has had on the block as a whole.A plan for injecting billions of euros of emergency aid into Europe's economies has been agreed by EU heads.As has become the new norm - meeting by video, the Member States' representatives agreed to set up a massive recovery fund, confirming that€540bn (£470bn) of financial support will become available from 1 June, with Ursula von der Leyen…
MamoTCV
27th April 2020