NEWS
The Revised Implementing Procedures Part II for Remote Gaming Sector
The FIAU (“Financial Intelligence Analysis Unit”) published on the 2nd July 2020 and in cooperation with the MGA (the “Malta Gaming Authority”), the revised version of the Implementing Procedures Part II for the Remote Gaming Sector with the aim to reflect realities...
New Regulations to the Malta Aviation and Shipping Companies: Shipping and Aviation Cell Companies Regulations 2020
As of 3rd March 2020, with the introduction of Act V of 2020 which amended various financial services laws including the Companies Act, there is the possibility of setting-up Cell companies also within the areas of maritime and aviation, which up till now, was...
The Companies Act Register (Register of Beneficial Owner) (Amendment) Regulations, 2020
The Companies Act (Register of Beneficial Owners)(Amendment) Regulations came into force on the 16th June 2020 by means of Legal Notice 247 of 2020 which has introduced a number of changes to further implement the Companies Act (Register of Beneficial Owners)...
Cohabitation Act
A new Cohabitation Act repealing the previous Cohabitation Act has recently been implemented. Act XXVII of 2020 has completely overhauled the previous Act introducing new provisions and definitions. Definition of Cohabitant A “cohabitant” is defined as a person who is...
Covid-19 Measures & Financial Assistance for Company Recovery Procedures
On the 12th May 2020, Legal Notice 192 of 2020, Companies Act (Company Reconstruction Fund) Regulations 2020 (the “Regulations”) was published to create and regulate the administration of a fund known as the Company Recovery Fund intended to facilitate company...
How Covid-19 Might Change the Criminal Landscape
The economic and social impacts of COVID-19 pandemic have changed how society and organisations operate, including criminal organisations. The pandemic has created the perfect storm for money laundering in the current period where a high volume of financial...
The Gender Pay Gap
The Gender Pay Gap is different across the EU Member States. The narrowest is 3.5% in Romania whereas the widest gender pay gap is registered at 25.6% in Estonia. Unlike the provision of equal pay, which is legally binding and refers to men and women being paid the...
Consumer rights – Air Passengers entitlements under Covid-19 (Corona Virus)
One of the measures that the Maltese Government took when the coronavirus pandemic hit Malta and the first cases were registered, was to stop commercial flights in order to limit the importation of the virus. As a result, all prospective travellers had their flights...
Maltese Citizenship – Potential Applicants
Maltese Citizenship can be acquired by birth, descent, marriage, or residence depending on a number of factors and conditions. The Independence Constitution in 1964 established who was automatically entitled to Maltese citizenship while the Maltese Citizenship Act...
Directive 18 Moratoria on Credit Facilities in Exceptional Circumstances – Central Bank of Malta
Faced with the exceptional circumstances the commercial and social sectors are being challenged with as a result of COVID 19 and the now household name Corona Virus, in the middle of April, the Central Bank of Malta intervened on local banks and issued a Directive...
Suspension of Legal and Judicial times. An overview of the Regulations following Covid-19
As a result of the COVID-19 pandemic in Malta in order to sustain the spread of the virus, the Maltese Government has introduced a number of measures affecting legal and judicial timeframes as well as the operations of the Maltese courts. These measures came into...
Cross-Border Alternative Dispute Resolution (ADR)
The European Union aims to provide the highest level of protection to consumers, as established by Article 169(1) and point (a) of Article 169(2) of the Treaty on the Functioning of the European Union (TFEU) . It is with this aim in mind that the EU enacts...
The Impact of Covid-19 on the Creative Arts
One of the very first industries that was hit by the COVID-19 partial lockdown measure was surely that of the arts and the creative sector. All performances, exhibitions, related courses and projects came to an abrupt halt and had to be cancelled with all the...
Understanding the Legal Implications of Covid-19 (Corona Virus): Taking your business online?
COVID 19 has forced many businesses who were otherwise content to ply their merchandise through more traditional forms of retail, to jump on the online retail bandwagon in order to offer their products online, thereby ensuring business continuity and meeting customer...
Covid-19 and Teleworking: a permanent solution?
With social distancing becoming key in our country’s and indeed the world’s battle to control the spread of COVID19, many organisations have turned to remote working, in order to strike a balance between ensuring work continuity while safeguarding the health of their...
Covid-19 (Corona Virus) And Rent Reform – Upheaval of rental market
Coronavirus causes confusion in rental market With the economic turmoil being caused by COVID-19, leases in Europe, Malta included, are currently in a state of disarray. Many businesses have been forced to shut down, employees have been laid off or have had to suffer...
Fake medicine and Corona Virus outbreak
It was not a long time ago when the World Health Organization (WHO) first declared the outbreak of the novel coronavirus as a public health emergency and proceeded to characterise COVID-19 as a pandemic only a few weeks later. Currently, there are no clinical studies...
MBR Notice on penalties and COVID-19 (Corona Virus)
On the 25th March 2020, given the current critical situation due to Covid-19, the Malta Business Registry (MBR) published a new notice on its website in relation to penalties for late filing of Annual Returns and Financial Statements. In view of the recent outbreak of...