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We work tirelessly to guide our clients and support them through the complexity and dynamic landscape they operate in. We partner with them to find better ways to overcome obstacles, seize opportunities and safeguard for future threats. We empower our teams and inspire them through example, encouraging them to always go further and look deeper in pursuit of the right solutions. We lead the way and empower our clients and teams for success.
At Mamo TCV we focus on providing our clients with expert legal advice and practical insight. This helps our clients chart a better course and assists them in steering clear of risk whilst positioning them for success.
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SLPFs: Partnership Funds Without Legal Personality
The Investment Services Act (Special Limited Partnership Funds) Regulations (“LN 30 (2025)” or “the Regulations”) introduced a new type of structure for investment funds in Malta which will be useful for those who are interested in setting up a vehicle without a separate legal personality. The Regulations provide the framework for the Special Limited Partnership Fund (“SLPFs”), a limited partnership without juridical personality, a structure that aligns Malta with several other leading asset-management jurisdictions. The SLPF can only be set-up as an investment vehicle which is notified or licensed by the Malta Financial Service Authority (“MFSA) as a collective investment…
The Bill to Amend CSP Laws
On the 31st of January 2025, Bill number 124 (the “Bill”) entitled Company Service Providers (Amendment) Act, 2025 (Cap. 529) (the “Proposed Act”) was published among the Government Notices in the Supplement to the Government Gazette. The Bill has reached First Reading stage in Parliament and aims to amend and strengthen the regulatory framework applicable to company service providers (“CSPs”) by introducing two new categories of CSPs. Key Amendments The proposed amendment to the Company Service Providers Act, Chapter 529 of the Laws of Malta (the “Act”) contains numerous changes. These include various definitional changes as well as modifications to…
European Commission Rejects Draft Regulatory Technical Standards on ICT Subcontracting
The European Commission has communicated its rejection of the draft Regulatory Technical Standards (RTS) on subcontracting ICT services supporting critical or important functions supplementing the Digital Operational Resilience Act (DORA). In its communication, the Commission held that the European Supervisory Authorities (ESAs) exceeded their mandate under Article 30(5) of DORA (which came into effect on 17 January 2025) by introducing requirements not specifically linked to the conditions for subcontracting in Article 5 of the RTS. The Commission has made it clear that Article 5 and the related recital 5 of the draft RTS must be omitted from the draft RTS…