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European Commissions Releases FAQs on Notification and Authorisation of Tanker Sales
Corporate and M&A

Sanctions 7: European Commission Releases FAQs on Notification and Authorisation of Tanker Sales

Following from the recent geopolitical developments in Ukraine, there has been a heightened interest in international sanctions. Through this series of articles, we aim to provide a general overview of the notion of sanctions, consider the local framework through which sanctions function in Malta, illustrate the general obligations which subject persons are required to observe vis-à-vis sanctions and discuss a general overview of the sanctions imposed by the EU against Russia. In this seventh article, we shall consider the salient aspects of the guidance provided by the European Commission from these frequently answered questions. The European Commission has issued a…
Zachary Galea and Edmond Zammit Laferla
10th April 2024
Mamo TCV Litigation and Dispute Resolution
Employment and Industrial RelationsLitigation & Dispute Resolution

Employer Liability Leads to Over €200,000 in Damages

In a landmark judgment delivered on the 14th of March 2024 in the names Maria Matruscelli vs Palumbo Malta Shipyards Limited et (case numbered 518/19TA), the First Hall of the Civil Court awarded €208,871 in compensation to the plaintiff. The case revolved around the death of Aniello Fariello who lost his life on the 18th of January 2016 while performing his duties on board the vessel MV Galaxy, which vessel was docked at the shipyard belonging to Palumbo Shipyards Limited (hereinafter referred to as “Palumbo”). During the process of mooring the vessel, a reel through which one of the ropes…
Luigi Gulia and Frank B. Testa
8th April 2024
Malta has once again been ranked 1st in Europe and 2nd worldwide on the compliance index relating to the international registry for aircraft
Aviation

Malta Top Ranked on the Cape Town Convention Compliance Index Q1/2024

In its reporting for the first quarter of 2024, Malta has once again been top ranked on the Cape Town Convention Compliance Index. Malta came first in Europe and second worldwide on the Index, with a top score of 95 on 100. Malta’s compliance with the Cape Town Convention (CTC) has been ranked as Very High. In its explanatory comments, the Index reported that in Malta the “CTC prevails over national law and is comprehensively implemented through legislation, rules and regulations. There is judicial precedent with both mixed outcomes relating to compliance with the terms and intent of CTC (Wind…
Mamo TCV Advocates
8th April 2024
News

Mamo TCV Top Ranked in
The Legal 500

The Legal 500 has once again awarded Mamo TCV Advocates top-tier rankings across a number of its practice areas and in respect of a number of its lawyers. Aviation (Tier 1) “Mamo TCV Advocates' broad aviation practice fields expertise in asset finance, handling passenger and liability claims and the sale and purchase of aircraft, to name a few key areas of activity. Practice co-head Nicholas Valenzia specialises in asset management and finance issues, and is recognised for his experience in advising international credit institutions on the coordination of aircraft repossession procedures. Practice co-head Joseph Camilleri is the key name for…
Mamo TCV Advocates
28th March 2024
Mamo TCV: A General Insight into Current #Data Trends for #Banks including #EU Data Developments and Regulatory Updates. Read our Article to learn more about this.
Banking & Finance

Data Requirements for Banks: Current Trends and Upcoming Regulatory Updates

With the increased importance of corporate social responsibility and the development of the manner in which banks collect, manage, store and report data, it is imperative for banks to ensure that they have the right data strategy, integrated data solutions and suitable governance and compliances practices in place. Having a proper data strategy ensures not only that all legal requirements and supervisory expectations are being adhered to, but also that license holders keep up with current market trends and continue to build customers’ trust. Although internationally (including at European Union level), data requirements and practices have been codified for banks…
Sarah Zerafa Lewis
27th March 2024