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Regulatory Compliance Quarterly Update | Q2 2025 Insurance & ReinsuranceInvestment Services & FundsRegulatory Compliance

Regulatory Compliance Quarterly Update | Q2 2025

We are pleased to issue the thirteenth edition of the Regulatory Compliance Quarterly Updates. These updates are intended to keep Maltese regulated entities informed of regulatory changes and developments taking place in the local financial services space. In this issue, we focus on the sector specific and cross-sectoral regulatory updates relating to investment services, CSPs, fintech, insurance undertakings and insurance intermediaries. The Regulatory Compliance Quarterly Update can be found here .The Regulatory Compliance Quarterly Update does not purport to give legal, regulatory,financial or tax advice. Should you require further information or assistance, please do not hesitate to contact Michael Psaila,…
Mamo TCV Advocates
6th August 2025
Malta's AI Act
Malta’s AI Act Authority Designations Data Protection and PrivacyTelecoms, Media & Technology

Malta’s AI Act Authority Designations

The Malta Digital Innovation Authority (“MDIA”) and the Information Data Protection Commission (“IDPC”) have been identified as the Maltese Market Surveillance Authorities (“MSA”) under EU Regulation 2024/1689 (the “AI Act”), albeit the process of designation has yet to be formally concluded. It is expected that this will take place shortly in the coming days. The MSAs will be tasked with overseeing the responsible use of AI systems in Malta and with having the competence to carry out investigations and issue fines and penalties where necessary. They will have a diverse set of responsibilities that may be categorised as follows: Maintaining…
Mamo TCV Advocates
4th August 2025
No Appeal Unless the Law Says So
Court Reaffirms Limits on Appeals in Liquidation Proceedings Corporate and M&ALitigation & Dispute Resolution

Court Reaffirms Limits on Appeals in Liquidation Proceedings

In two recent partial judgments delivered on 22nd July 2025 in the liquidation proceedings in the names Genesis Global Limited vs X (127/2022 ISB), the Civil Court (Commercial Section) reaffirmed a key principle under Maltese company law: there is no right of appeal from decrees issued in the context of liquidations unless expressly provided for by law. The decrees arose from requests by two intervening parties seeking creditor recognition in the ongoing liquidation of a company regulated under the Companies Act (Chapter 386 of the Laws of Malta). Their applications to be included in the list of recognised creditors had…
Kristen Camilleri and Michael Psaila
31st July 2025
Castille Palace
Malta’s Labour Migration Framework Undergoes Major Reform Immigration

Malta’s Labour Migration Framework Undergoes Major Reform

Malta's labour migration framework is undergoing significant changes with the implementation of a new Labour Migration Policy, with the first phase of measures taking effect on 1 August 2025. This comprehensive policy overhaul directly impacts both employers and third-country nationals (TCNs) working in Malta. Key Policy Changes Effective from 1 August 2025 Termination Rate Monitoring One of the most notable changes introduces monitoring of employer termination patterns. Companies exceeding specific termination rate thresholds will fail the Labour Market Test and be barred from recruiting new TCNs. The thresholds vary by company size. Extended Grace Period for Terminated Workers The grace period for TCNs…
Julian Fenech Adami
31st July 2025
Parliament Building by Renzo Piano in Valletta, Malta
Malta Aligns Investment Laws With EU Prudential Regime Investment Services & Funds

Malta Aligns Investment Laws With EU Prudential Regime

The Maltese legislator’s recent publication of five amending legal notices on 29 July 2025 marks a continuous alignment of the Investment Services Act (Chapter 370 of the Laws of Malta) with the European Union’s prudential regime for investment firms. Each of the five legal notices (L.N.) addresses a discrete lacuna that had emerged once the Investment Firms Regulation (IFR) and Investment Firms Directive (IFD) began to apply across the Union earlier this decade. Legal Notice 152 of 2025 amends Malta’s rules on supervisory consolidation under the IFD, refining the criteria by which the Malta Financial Services Authority (MFSA) is designated as consolidating…
Mario Mizzi
30th July 2025
Aircraft wing and engine
Mamo TCV Contributes to Chambers Aviation: Finance & Leasing 2025 Aviation

Mamo TCV Contributes to Chambers Aviation: Finance & Leasing 2025

Mamo TCV Advocates is pleased to announce that its Aviation team has contributed to the 2025 edition of the Chambers Aviation: Finance & Leasing Global Practice Guide. Partner Nicholas Valenzia and Senior Associate Joshua Chircop contributed to the Guide.With Paul P. Jebely from The Hague CAA acting as Contributing Editor, the guide provides the latest legal information on aircraft and engine purchase and sale, aircraft and engine leasing, aircraft debt finance, security, liens, enforcement and current legislative proposals. The Malta Guide may be accessed here: https://practiceguides.chambers.com/practice-guides/aviation-finance-leasing-2025/malta/trends-and-developments. Mamo TCV & Aviation Mamo TCV Advocates is one of the foremost law firms in Malta in the…
Mamo TCV Advocates
29th July 2025