Malta Archives

Banking & Finance

The Central Bank of Malta Issues Directive 19 on the Use of Cheques and Bank Drafts

This article was written by Dr Michael Psaila and Mr Neeraj Bharwani.Directive No 19 on the Use of Cheques and Bank Drafts ('the Directive') was issued by the Central Bank of Malta on 7th July 2021 with the aim of promoting safe and effective use of cheques and bank drafts ('paper-based instruments') drawn on Maltese banks and financial institutions. Furthermore, institutions which exercise their passporting rights to provide their services in Malta, post office giro payment institutions and the Central Bank of Malta ('Bank') when acting as a payment service provider, and any natural or legal person making use of…

Michael Psaila21st July 2021

Immigration

The Malta Nomad Residence Permit

Residency Malta Agency, the local Government entity responsible for the management and promotion of Malta's residency-by-investment programmes, has launched a new residence permit, the Nomad Residence Permit. This initiative offers third-country nationals the opportunity to work remotely and reside in Malta for a temporary period.The holder of a Nomad Residence Permit shall retain their current employment in another country whilst residing in Malta. The residence permit is issued for one year and can be renewed upon the discretion of the authority if the holder of the permit continues to meet the eligibility criteria. Alternatively, those applicants who are interested in…

Julian Fenech Adami9th June 2021

Corporate and M&A

The inability to pay debts test before the Maltese Courts

In its recent decision Xuereb v Weber Construction Limited Et (decided 18 March 2021) the Civil Court (Commercial Section) weighed in once more on the appropriate tests to be applied when assessing a company's inability to pay its debts under Maltese corporate insolvency law. One of Weber Construction Limited's ("Weber") shareholders filed an application in court requesting the company's dissolution and consequential winding up on the grounds inter alia that it was unable to continue to pay its debts. Article 214(2)(a)(ii) of the Companies Act, 1995 (the "Act") grants the court discretion to order the dissolution and winding up of…

Simon Pullicino7th April 2021

Employment and Industrial Relations

Court of Justice of the European Union Condemns UK for Breaching Ambient Air Quality Limits

On the 4th March 2021, the Seventh Chamber of the Court of Justice of the European Union issued its decision on an important matter related to the breach of ambient air quality legislation by the UK government (European Commission v. United Kingdom of Great Britain and Northern Ireland, c-664/18). This case is only one among several others filed by the Commission against EU Member States, including France, Italy, Bulgaria and Hungary. Directive 2008/50/EC on ambient air quality and cleaner air for Europe required Member States of the EU to adopt the air pollution limits contained within its Annexes by the…

Mark Soler8th March 2021

Employment and Industrial Relations

Ex-employee of the St John Co-Cathedral Foundation awarded €23,000 in damages for unfair dismissal

An ex-employee of the St John's Co-Cathedral Foundation instituted proceedings before the Industrial Tribunal seeking compensation for unfair dismissal. The defendant Foundation argued that the ex-employee had committed several breaches throughout the years and that the final action of insubordination on his part had left the Foundation with no option other than to summarily dismiss him. The Tribunal commented that whilst the defendant had argued that the ex-employee had committed several abusive practices, its reaction towards such alleged abuses had always been lenient. A point worth mentioning is the fact that the disciplinary board which had been set up to…

Christine Calleja19th February 2021

Malta

The Central Bank of Malta Issues Directive 19 on the Use of Cheques and Bank Drafts

The Malta Nomad Residence Permit

The inability to pay debts test before the Maltese Courts

Court of Justice of the European Union Condemns UK for Breaching Ambient Air Quality Limits

Ex-employee of the St John Co-Cathedral Foundation awarded €23,000 in damages for unfair dismissal

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Malta

The Central Bank of Malta Issues Directive 19 on the Use of Cheques and Bank Drafts

The Malta Nomad Residence Permit

The inability to pay debts test before the Maltese Courts

Court of Justice of the European Union Condemns UK for Breaching Ambient Air Quality Limits

Ex-employee of the St John Co-Cathedral Foundation awarded €23,000 in damages for unfair dismissal

Mamo TCV Advocates Publishes 5th Edition of its Popular (and free) ‘Brief Overview of the GDPR’