Insights

Mamo TCV Advocates Supporting the Malta Maritime Summit

Mamo TCV Advocates is proud to support the Malta Maritime Summit, taking place during Malta Maritime Week from 7-11 October 2024. With the theme "The Voice of the Industry," this event will bring together key maritime stakeholders to discuss challenges and opportunities across sectors such as technology, regulations & compliance, the environment, and finance. Our partner, Dr Nicholas Valenzia, will be attending the summit and serving as a moderator for a panel discussion on Friday, 11th October.

Mamo TCV Advocates8th October 2024

News

Mamo TCV Sponsors Means of Transport for Deprived and Vulnerable Children in Tanzania

We are thrilled to announce some incredible news! As part of the Firm’s ongoing Corporate Social Responsibility (CSR) initiatives, and thanks to the generosity and contributions of the staff members at Mamo TCV, the firm has sponsored with others the purchase of a minivan to transport deprived and vulnerable children, including orphans and street children, to and from the Brottier Centre school in Dar es Salaam, Tanzania. Currently, some of these children walk 14 to 16 kilometres each day to attend school, and many are forced to stay home during extreme weather, especially the youngest and most vulnerable. These children…

Mamo TCV Advocates3rd October 2024

Telecoms, Media & Technology

The EU AI Act: A General Overview

This article is part of our EU AI Act series which explores the effect of the AI Act across various industries and sectors. Overview & Applicability Timeline The Artificial Intelligence Act (“AI Act” or “Regulation”), officially Regulation (EU) 2024/1689, is a groundbreaking legislative framework designed to address the benefits and risks of AI technologies. Since AI is becoming ubiquitously integrated into various industries, the AI Act aims to ensure that these technologies are deployed safely, ethically, and transparently by establishing rules for AI Systems throughout the European Union (“EU”). The AI Act entered into force across the EU, including Malta,…

Claude Micallef Grimaud and Nicole Bonett30th September 2024

Real Estate & Construction

Legal Notice Introduces Possibility of Amending or Revoking Conditions in Contracts of Sale and Emphyteusis

On the 23rd August, 2024 a new set of regulations (the “Regulations”) were promulgated under Legal Notice 196 of 2024 enabling requests for the amendment or revocation of conditions imposed in the original deed of sale or emphyteusis concerning property transferred by the Government of Malta (the “Government”), the Lands Authority (the “Authority”), or any ecclesiastical entity which subsequently transferred the title to the Government. Such Regulations shall apply to both new applications as well as to those already pending before the Authority at the time of their entry into force. Application to the Lands Authority These Regulations allow any…

Dorita Cardona and Clarice Debono27th September 2024

Person wearing silver link bracelet round analog watch

Antitrust, Competition and Trade

EU Commission Publishes Findings on EU Competition Enforcement Framework

On 5 September 2024, the European Commission published a “Staff Working Document” summarising the findings of the evaluation of two EU Regulations, Regulation 1/2003 and Regulation 773/2004, which concern the enforcement of EU competition law. These Regulations, which entered into force 20 years ago, lay out the procedural framework for the implementation of EU competition rules laid down in Articles 101 and Article 102 of the Treaty on the Functioning of the EU (“TFEU”). The evaluation exercise by the Commission has concluded that, in general, these Regulations have achieved their objective for effective, efficient and uniform application of EU competition law. It has also noted that…

Mamo TCV Advocates18th September 2024

DORA FinTech Telecoms, Media & Technology

Status of DORA Regulatory Technical Standards (“RTS”)

Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector ( “DORA”) establishes the EU legislative framework for enhancing digital resilience within the EU’s financial industry. Enforcement commences on 17th January 2025 and the EU Commission is tasked with issuing Regulatory Technical Standards (“RTS”) which supplement DORA. The EU Commission publishes the RTS in the Official Journal as Commission Delegated Regulations, but they are largely based on the input of the European Supervisory Authorities (“ESA”) which comprise of ESMA, EBA and EIOPA. The draft RTS submitted to the European…

Mario Mizzi and Nicole Bonett17th September 2024