Jun
01

Nick Valenzia participates in Lifecycle Challenge

Nick Valenzia participates in Lifecycle Challenge
Our very own Nick Valenzia will be participating in this year's Life Cycle Challenge. The Life Cycle Organisation has for the past 19 years been exclusively assisting and supporting patients suffering from renal failure and complications.  Life Cycle is a cause which is very dear to Nick's heart as he completed the Challenge in 2009. In 2009 he had crossed from Istanbul to Syria passing though territories which today have been unfortunately ravaged by conflict. This year's challenge will see the cyclists cross from Nairobi (Kenya) to Dar El Salam (Tanzania). ...
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4961 Hits
Feb
21

New Rights for Adoptive Parents – the Adoption Leave National Standard Order

New Rights for Adoptive Parents – the Adoption Leave National Standard Order
​ On the 10 th October 2016, new Regulations came into force, giving new rights to employees who have adopted a child, analogous to maternity leave. Prior to the Regulations, employees who adopted a child were only entitled to unpaid parental leave. The Adoption Leave National Standard Order (Subsidiary Legislation 452.11) provides that an employee who is the parent of an adopted child is entitled to an uninterrupted period of eighteen weeks' adoption leave, corresponding to the eighteen weeks' maternity leave. Similarly, also to maternity leave, only the first fo...
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  5771 Hits
5771 Hits
Nov
21

Non-Financial Counterparty and Financial Counterparty obligations under EMIR

​ Each of the following shall be deemed to be Financial Counterparties for the purposes of EMIR: a credit institution, an investment firm, a UCITS, and where relevant, its management company, an AIF managed by AIFM, an insurance, assurance, reinsurance undertaking, or an institution for occupational retirement provision. Non-financial counterparties ("NFCs") are all those counterparties to a derivative contract other than Financial Counterparties, Trade Repositories and Central Counterparties. Until a fund shall remain regulated under the Malta PIF regime, it shal...
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6367 Hits
Nov
18

Malta: Implications of the Alternative Investment Fund Manager Directive (AIFMD)

Malta: Implications of the Alternative Investment Fund Manager Directive (AIFMD)
1. Background 1.1. The deadline for implementation of Directive 2011/61/EU of the European Parliament  and of the Council of 8 June 2011 on Alternative Investment Fund Managers1 (" AIFMD "),  by the EU Member States is 22 July 2013. However, there are various transitional  provisions and special provisions on the transposition of certain rules in relation to third  countries, which make the application of such rules dependent on a positive advice /  opinion from ESMA, and a delegated act from the European Commission. For the relevant ...
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5121 Hits