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Amendments to the Company Services Providers Regime Company LawCorporate and M&A

Amendments to the Company Services Providers Regime

Act X of 2025 which came into force on 16 May 2025 introduced amendments to the Company Service Providers Act (Chap. 525 of the law of Malta). The amendments are intended to further refine the provision of directorship and company secretary services and therefore impact mainly the Class B Company Service Provider (CSP) Category. The amendments introduced two new categories of Class B CSPs: restricted CSPs; and limited CSPs. While the former (restricted) must notify the Malta Financial Services Authority (MFSA) by no later than 16 July 2025, the latter must register with the MFSA. This brief article focuses on restricted…
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Transposition of the EU Whistleblower Directive into the Protection of the Whistleblower Act, Chapter 527 of the Laws of Malta Employment and Industrial Relations

Transposition of the EU Whistleblower Directive into the Protection of the Whistleblower Act, Chapter 527 of the Laws of Malta

This article was written by​ Dr Petra Attard and Dr Martina BonniciThe legislation currently regulating whistleblower protection in Malta is the Protection of the Whistleblower Act, Chapter 527 of the Laws of Malta (the ''Act'') which came into force on the 15th September 2013. While the Whistleblowing Directive EU 2019/1937 (the "Directive") has not yet been transposed into Maltese law, Bill 249 of 2021, titled An Act to Amend the Protection of the Whistleblower Act (the "Amending Act"), published on the 15th November 2021 seeks to amend the Act in order to align it with the Directive. It is yet…
Petra Attard
30th November 2021
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Publication of the Insurance Distribution Act and Insurance Distribution Rules Insurance & Reinsurance

Publication of the Insurance Distribution Act and Insurance Distribution Rules

i. The Insurance Distribution ActOn the 10th July 2018, Act No. XXVI of 2018 was published bringing about changes to the Insurance Intermediaries Act (to be renamed as the 'Insurance Distribution Act' and which transposes the Insurance Distribution Directive (the 'IDD'). Act No. XXVI of 2018 shall come into force once the Commencement Notice is published in the Government Gazette.ii. Insurance Distribution RulesOn the 12th July 2018, the MFSA announced the publication of Insurance Distribution Rules (the 'IDRs') issued under the Insurance Distribution Act (Cap. 487) the main objective of which is to transpose the remaining provisions of the IDD. The IDRs…
Petra Attard
17th July 2018
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Publication of the Insurance Distribution Act and Insurance Distribution Rules Insurance & Reinsurance

Publication of the Insurance Distribution Act and Insurance Distribution Rules

i. The Insurance Distribution ActOn the 10th July 2018, Act No. XXVI of 2018 was published bringing about changes to the Insurance Intermediaries Act (to be renamed as the 'Insurance Distribution Act' and which transposes the Insurance Distribution Directive (the 'IDD'). Act No. XXVI of 2018 shall come into force once the Commencement Notice is published in the Government Gazette.ii. Insurance Distribution RulesOn the 12th July 2018, the MFSA announced the publication of Insurance Distribution Rules (the 'IDRs') issued under the Insurance Distribution Act (Cap. 487) the main objective of which is to transpose the remaining provisions of the IDD. The IDRs…
Petra Attard
17th July 2018
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The European Commission proposes to amend the Motor Insurance Directive Insurance & Reinsurance

The European Commission proposes to amend the Motor Insurance Directive

On the 24th May, 2018, the European Commission tabled a proposal to the European Parliament and Council regarding the introduction of a number of amendments to the Motor Insurance Directive (Directive 2009/103/EC) (the 'Directive'). The proposed changes follow a public consultation which took place between July and October 2017. The following are the amendments being proposed by the European Commission: Insolvency of an insurer: If the insurer of the vehicle responsible for an accident is insolvent, victims will be fully compensated in their Member State of residence. In cross-border situations, this will ensure that the ultimate financial responsibility is borne…
Petra Attard
30th May 2018
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The European Commission proposes to amend the Motor Insurance Directive Insurance & Reinsurance

The European Commission proposes to amend the Motor Insurance Directive

On the 24th May, 2018, the European Commission tabled a proposal to the European Parliament and Council regarding the introduction of a number of amendments to the Motor Insurance Directive (Directive 2009/103/EC) (the 'Directive'). The proposed changes follow a public consultation which took place between July and October 2017. The following are the amendments being proposed by the European Commission: Insolvency of an insurer: If the insurer of the vehicle responsible for an accident is insolvent, victims will be fully compensated in their Member State of residence. In cross-border situations, this will ensure that the ultimate financial responsibility is borne…
Petra Attard
30th May 2018