Insights

Prediction Markets in Malta: Financial Instruments, Crypto-Assets or Bets? Financial Services Regulatory & Fintech

Prediction Markets in Malta: Financial Instruments, Crypto-Assets or Bets?

Will a company's share price rise? Will a football team win its next match? Prediction markets allow people to trade contracts based on the outcomes of such events. While the concept may appear straightforward, the legal position is less so. Depending on the nature of the contract, what looks like a simple prediction could be treated as a financial instrument, a crypto-asset or a bet. On 19 October 2026, the Malta Financial Services Authority (“MFSA”) issued a circular on Prediction Markets and Event Contracts, clarifying how existing regulatory frameworks may apply to this increasingly prominent business model. What Exactly Are…
Rachel Gauci
23rd October 2026
Merits of Article 325 Revisited: Carmel Cortis Constitutional Judgment Corporate and M&A

Merits of Article 325 Revisited: Carmel Cortis Constitutional Judgment

Introduction On 12 October 2023, the First Hall of the Civil Court, in its Constitutional Jurisdiction in Carmel Cortis et v. Office of the Prime Minister et (Rik. Nru. 21/19TA), held that the provisions of the Companies Act (Cap. 386 of the Laws of Malta) (the “Act”) through which the property of a company struck off the register as defunct devolves upon the Government of Malta breached the fundamental right to property protected by Article 37 of the Constitution of Malta and Article 1 of Protocol No. 1 to the European Convention on Human Rights (“A1P1”), as well as the…
Andrea Theuma, Tessa Borg Bartolo and Jacob Gatt
20th October 2026
Pressing Pause: Can a Liquidation itself be stayed? Corporate and M&ALitigation & Dispute Resolution

Pressing Pause: Can a Liquidation itself be stayed?

This article is part of a series exploring court actions available under the Companies Act (Chapter 386 of the Laws of Malta). Each article gives a practical overview of a specific legal remedy or procedure involving court supervision, outlining when it applies, the steps required, and the purpose behind it. It is intended as a useful reference point rather than an in-depth academic analysis.  Once a company has been placed into liquidation by a court order, most assume the process simply runs its course. But what happens if continuing the liquidation no longer makes sense, either because the matter is…
Kristen Camilleri and Jonathan Abela Fiorentino
14th October 2026
Regulatory Compliance Quarterly Update | Q3 2026 Insurance & ReinsuranceInvestment Services & FundsRegulatory Compliance

Regulatory Compliance Quarterly Update | Q3 2026

We are pleased to issue the eighteenth edition of the Regulatory Compliance Quarterly Update. 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 eighteenth 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…
Mamo TCV Advocates
13th October 2026
Mamo TCV Advocates and Malta Business Network Host Runway Finance: Lease Finance in Aviation Aviation

Mamo TCV Advocates and Malta Business Network Host Runway Finance: Lease Finance in Aviation

Mamo TCV Advocates recently partnered with the Malta Business Network to host Runway Finance: Lease Finance in Aviation, an event bringing together aviation professionals, financiers and legal practitioners to discuss the recent developments reshaping aircraft financial leasing and what they mean for Malta's aviation finance sector. Malta is introducing new legislation that would provide qualifying lessors with a streamlined, notification-based alternative to a full financial services licensing, so the discussion came at a timely moment for the industry.  Aeroitalia was represented by Marco Carcioffo, VP Fleet & Purchasing, who has over 18 years of experience across fleet management, operations and…
Martina Azzopardi, Maria Gatt and Ella Vella Cardona
9th October 2026
Strengthen Your Professional Expertise Before Year-End with the Mamo TCV Training Academy Training Academy

Strengthen Your Professional Expertise Before Year-End with the Mamo TCV Training Academy

As we move into the final quarter of 2026, the Mamo TCV Training Academy continues to offer a range of practical, industry-focused training sessions designed to help professionals stay informed, compliant and ahead of emerging developments. The following four sessions will be held throughout October, November and December, covering topics of relevance to professionals operating across legal, financial, regulatory and insurance sectors: Navigating the Legal Landscape of M&A Transactions (Dr Michael Psaila) 14th October 2026 Recent Developments and Key Principles in Maltese Health & Safety Legislation (Dr Jeanine Mallia Schembri) 4th November 2026 Duties of Directors (Dr Nicole Portelli) 25th…
Mamo TCV Advocates
5th October 2026