Revised formats of Insider Lists under MAR introduced by updated Implementing Technical Standards Capital Markets

Revised formats of Insider Lists under MAR introduced by updated Implementing Technical Standards

On the 15th of June 2026, the European Commission published Commission Implementing Regulation (EU) 2026/1291 introducing a revised set of implementing technical standards under the Market Abuse Regulation concerning the format and maintenance of insider lists (hereinafter, the “Revised ITS”). The Revised ITS will start to apply from the 5th of July 2026 and replaces Implementing Regulation (EU) 2022/1210. The objective of the Revised ITS is to harmonise the use of a simplified (“alleviated”) format across all Insider Lists and reduce administrative burdens while ensuring that competent authorities retain sufficient information to monitor market abuse risks.  Key changes include, inter…
Mamo TCV Advocates
17th June 2026
Mamo TCV Advocates Contribute to AI and Debt Collection Dialogue at LIC 2026 News

Mamo TCV Advocates Contribute to AI and Debt Collection Dialogue at LIC 2026

Mamo TCV Advocates was represented at the first day of the LIC General Assembly 2026. A central theme of the day was Artificial Intelligence (AI), with speakers exploring both the opportunities and challenges that AI presents for debt collection practices and legal advisory work. During the session, Dr Kirk Brincau and Ian Busuttil shared practical perspectives drawn from the firm’s experience, highlighting how debt collection operations are managed within the Maltese legal and regulatory framework. With Malta hosting this year’s assembly, the contribution offered attendees valuable local context and real-world examples. The League International for Creditors (LIC) is an association…
Mamo TCV Advocates
16th June 2026
MFSA Enforcement and the Limits of Appeal Rights in Malta: Key Takeaways from the Phoenix Judgment Banking & Finance

MFSA Enforcement and the Limits of Appeal Rights in Malta: Key Takeaways from the Phoenix Judgment

The Civil Court, First Hall (Constitutional Jurisdiction), in the judgment Phoenix Payments Limited (now Lazarus Long Limited) v the Malta Financial Services Authority and the State Advocate (Application Number 272/2021), delivered by the Honorable Madam Justice Rachel Montebello on 27 April 2026, examined the administrative enforcement powers of the Malta Financial Services Authority (“MFSA”) and, critically, whether the available appeal mechanism satisfies the right to a fair hearing. Phoenix’s Application Phoenix Payments Limited (subsequently renamed Lazarus Long Limited) (“Phoenix”), a financial institution licensed and regulated by the MFSA under the Financial Institutions Act (Chapter 376 of the Laws of Malta)…
Mamo TCV Advocates
9th June 2026
ESMA Publishes Its 2025 Corporate Reporting Enforcement And Regulatory Activities Report Capital Markets

ESMA Publishes Its 2025 Corporate Reporting Enforcement And Regulatory Activities Report

On 27 May 2026, the Malta Financial Services Authority ("MFSA") issued a circular drawing the attention of market participants to the publication by the European Securities and Markets Authority ("ESMA") of its 2025 Corporate Reporting Enforcement and Regulatory Activities Report (the "Report"). The Report sets out the findings of European enforcers' examination of listed companies' annual financial reports and identifies the common enforcement priorities that national competent authorities across the European Union and the European Economic Area will focus on in their supervisory activities. ESMA's enforcement programme is designed to promote the consistent application of International Financial Reporting Standards ("IFRS")…
Mamo TCV Advocates
29th May 2026
Reforms to Wage Regulation Orders Presented at Times of Malta Event Employment and Industrial Relations

Reforms to Wage Regulation Orders Presented at Times of Malta Event

Recent reforms to Malta’s Wage Regulation Orders (WROs) were presented during a Times of Malta business breakfast, highlighting significant updates aimed at modernising employment conditions across sectors. At the core of these changes is the introduction of sick leave entitlement from the very first day of employment. This reform removes previous inconsistencies between sectors, ensuring that all workers are granted immediate access to sick leave without waiting periods. Employees will also benefit from improved family-related leave provisions. Bereavement leave and marriage leave have been standardised and increased to 3 days, offering workers more equitable and supportive conditions during important life…
Mamo TCV Advocates
29th April 2026
Mamo TCV Advocates reaffirms support for Alive Charity Foundation News

Mamo TCV Advocates reaffirms support for Alive Charity Foundation

Mamo TCV Advocates has once again supported the Alive Charity Foundation, with funds raised through the firm’s annual quiz night event, in aid of medical research, with a particular focus on cancer. Alive Charity Foundation is Malta’s first charity foundation established specifically to support medical research. Over the years, it has made meaningful contributions to local research initiatives and cancer treatment facilities, helping to improve outcomes for patients and their families. As part of its ongoing fundraising efforts, Alive Charity Foundation will be undertaking the ALIVE2026 Cycling Challenge for Cancer Research, scheduled to take place between 27 June and 5…
Mamo TCV Advocates
29th April 2026