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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.
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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…
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)…
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…
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