Insights

Revised formats of Insider Lists under MAR introduced by updated Implementing Technical Standards Capital Markets

Revised formats of Insider Lists under MAR introduced by updated Implementing Technical Standards

On the 15th of June 2026, the European Commission published Commission Implementing Regulation (EU) 2026/1291 introducing a revised set of implementing technical standards under the Market Abuse Regulation concerning the format and maintenance of insider lists (hereinafter, the “Revised ITS”). The Revised ITS will start to apply from the 5th of July 2026 and replaces Implementing Regulation (EU) 2022/1210. The objective of the Revised ITS is to harmonise the use of a simplified (“alleviated”) format across all Insider Lists and reduce administrative burdens while ensuring that competent authorities retain sufficient information to monitor market abuse risks.  Key changes include, inter…
Mamo TCV Advocates
17th June 2026
Mamo TCV Advocates Contribute to AI and Debt Collection Dialogue at LIC 2026 News

Mamo TCV Advocates Contribute to AI and Debt Collection Dialogue at LIC 2026

Mamo TCV Advocates was represented at the first day of the LIC General Assembly 2026. A central theme of the day was Artificial Intelligence (AI), with speakers exploring both the opportunities and challenges that AI presents for debt collection practices and legal advisory work. During the session, Dr Kirk Brincau and Ian Busuttil shared practical perspectives drawn from the firm’s experience, highlighting how debt collection operations are managed within the Maltese legal and regulatory framework. With Malta hosting this year’s assembly, the contribution offered attendees valuable local context and real-world examples. The League International for Creditors (LIC) is an association…
Mamo TCV Advocates
16th June 2026
Upcoming Deadline: Gender Balance on Boards Employment and Industrial Relations

Upcoming Deadline: Gender Balance on Boards

The 30 June 2026 deadline is fast approaching for in-scope listed companies to fulfil the gender balance targets laid down in Chapter 13 of the Malta Financial Services Authority (‘MFSA’)’s Capital Markets Rules (implementing Directive (EU) 2022/2381). These requirements do not apply to debt issuers and micro, small and medium-sized enterprises. What must be achieved? By 30 June 2026, companies must meet one of the following targets: At least 40% of non-executive directors are of the underrepresented sex; or At least 33% of all directors (executive and non-executive) are of the underrepresented sex. Reporting and disclosure obligations In addition to…
Christine Calleja and Klara Cachia
10th June 2026
MFSA Enforcement and the Limits of Appeal Rights in Malta: Key Takeaways from the Phoenix Judgment Banking & Finance

MFSA Enforcement and the Limits of Appeal Rights in Malta: Key Takeaways from the Phoenix Judgment

The Civil Court, First Hall (Constitutional Jurisdiction), in the judgment Phoenix Payments Limited (now Lazarus Long Limited) v the Malta Financial Services Authority and the State Advocate (Application Number 272/2021), delivered by the Honorable Madam Justice Rachel Montebello on 27 April 2026, examined the administrative enforcement powers of the Malta Financial Services Authority (“MFSA”) and, critically, whether the available appeal mechanism satisfies the right to a fair hearing. Phoenix’s Application Phoenix Payments Limited (subsequently renamed Lazarus Long Limited) (“Phoenix”), a financial institution licensed and regulated by the MFSA under the Financial Institutions Act (Chapter 376 of the Laws of Malta)…
Mamo TCV Advocates
9th June 2026
The New Equal Pay Regulations 2026 Published: Implementing the EU Pay Transparency Directive in Malta Employment and Industrial Relations

The New Equal Pay Regulations 2026 Published: Implementing the EU Pay Transparency Directive in Malta

The introduction of the EU Pay Transparency Directive marked a significant shift in how organisations across the European Union approach pay transparency, workplace equality and gender pay gap reporting. Malta has now implemented the Directive through the new Equal Pay (Transparency and Reporting) Regulations 2026, published on 5 June 2026. Businesses are entering a new phase of employment law compliance in Malta, one that is more data-driven, structured and accountable than ever before. While equal pay obligations are not new, the way they are enforced is changing. Employers can no longer take a reactive approach. Instead, they will be expected…
Christine Calleja, Jeanine Mallia Schembri and Klara Cachia
8th June 2026
Mamo TCV Advocates to Attend Corporate Jet Investor Malta 2026 Aviation

Mamo TCV Advocates to Attend Corporate Jet Investor Malta 2026

Mamo TCV Advocates will be attending the Corporate Jet Investor Malta Conference taking place on 9–10 June 2026 at the Westin Dragonara Resort, St Julian’s. Members of the firm’s aviation practice will be present at the conference, joining industry leaders and key stakeholders from across the international business aviation sector. CJI Malta has quickly established itself as a leading event for the business aviation community, bringing together operators, financiers, legal advisers and service providers to discuss the latest developments impacting the industry. The 2026 edition will focus on the challenges and opportunities facing aircraft management and charter, alongside broader trends…
Joshua Chircop
5th June 2026