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Mamo TCV Participates in Malta Shipping Symposium

Partner Dr Nicholas Valenzia and Associates Dr Aleandro Mifsud and Dr Alexia Pollacco attended the Malta Shipping Symposium which took place on the 30th of May 2023 at the Malta Chamber of Commerce. The event was organized by Transport Malta, the Ministry for Transport, Infrastructure and Capital Projects, the Malta Maritime Law Association and the Malta International Shipowners Association. The symposium celebrated the 50th anniversary of Malta’s Merchant Shipping Act bringing together numerous stakeholders from the local and international shipping industry and provided a forum for discussion on Malta’s past achievements in the sector and the potential for future growth.…
Mamo TCV Advocates
31st May 2023
EBACE 2023
News

Nicholas Valenzia and Joshua Chircop attend EBACE 2023 in Geneva

Partner Dr Nicholas Valenzia and Senior Associate Dr Joshua Chircop attended this year’s European Business Aviation Conference Exhibition held between the 23rd and 25th May in Geneva, Switzerland.EBACE is a premier event and the annual meeting place for the European business aviation community. The exhibition brings together business leaders, government officials, manufacturers, flight department personnel, avionics firms, fractional providers, charter/lease companies and all manner of people involved in nearly every aspect of business aviation. Get in touch with us at aviation@mamotcv.com should you require further information.
Mamo TCV Advocates
31st May 2023
Mamo TCV The Crowdfunding Service Providers Bill has reached first reading stage in Parliament
Capital MarketsLegal Update

First Reading of Crowdfunding Service Providers Bill in Parliament

The Crowdfunding Service Providers Bill reached First Reading stage in Parliament on the 17th of May, 2023. This proposed Act aims to implement provisions of Regulation (EU) 2020/1503 on European crowdfunding service providers for business and it provides for the establishment of a regulatory framework for crowdfunding service providers (hereinafter referred to as “CSPs”) for business, including the organisation, authorisation and supervision of CSPs. Disclaimer: This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do not hesitate to contact info@mamotcv.com 
Mamo TCV Advocates
26th May 2023
The principle of Open Finance promotes an ecosystem where the customers of financial services allow some of their data to be utilised for the creation of more innovate financial solutions. The EU’s second Payment Services Directive (PSD2) is moving towards its third version, namely PSD3. In this insight briefing, we analyse how the proposed PSD3 could enhance the principle of Open Finance in the fintech sector.
FinTech

Fintech Insights #3 –
Open Finance in the proposed PSD3

Open Finance is becoming a pivotal element in the evolution of the European Union's regulatory framework for payment services, most notably embodied in the anticipated Third Payment Services Directive (“PSD3”). The European Banking Authority (“EBA”) has proposed significant revisions to the current legislation, many of which aim to further the objectives of enhancing competition, facilitating innovation, increasing payment transaction security, protecting consumers, and creating a unified EU retail payments market​. The second version of the Payment Services Directive1 (“PSD2”) was last updated in 2015 and came into force in 2018. PSD2 not only offers clear guidelines to the payment service…
Mario Mizzi
24th May 2023
Employment and Industrial Relations

Industrial Tribunal Finds in Favour of Employee in an Unfair Dismissal Case

In the Industrial Tribunal case with number 3945/CC, the applicant, a Chief Operating Officer and Director, engaged with Amicorp Fund Services Malta Ltd, was dismissed by means of a letter of termination due to the fact that, according to the defendant company, he was not properly performing his functions. The Tribunal commented that the case was a particular one since it dealt with senior management, in which cases usually an amicable termination is arrived at. The Tribunal also noted that in the termination letter, no reason for termination had been indicated. Moreover, it had not been proven that prior to…
Christine Calleja
17th May 2023
Mamo TCV at Malta Aviation Conference & Expo (MACE)
News

Nicholas Valenzia and Joshua Chircop to attend EBACE 2023 in Geneva

Partner Dr Nicholas Valenzia and Senior Associate Dr Joshua Chircop will be attending this year’s European Business Aviation Conference Exhibition being held between the 23rd and 25th May in Geneva, Switzerland.EBACE is a premier event and the annual meeting place for the European business aviation community. The exhibition brings together business leaders, government officials, manufacturers, flight department personnel, avionics firms, fractional providers, charter/lease companies and all manner of people involved in nearly every aspect of business aviation. Get in touch with us at aviation@mamotcv.com to schedule a meeting with members of our aviation team.
Mamo TCV Advocates
12th May 2023