Category

Legal Updates

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Mamo TCV: Internship Opportunities for University Students Legal Updates

Mamo TCV: Internship Opportunities for University Students

Mamo TCV is seeking to recruit university students for a summer internship programme at the firm, across all its areas of practice. The programme is designed to give students practical, hands-on experience by working within a leading law firm, thus helping them to prepare for their future careers in their chosen area of specialisation. Interested candidates are encouraged to indicate their preferred areas of practice by selecting at least three departments of interest. The chosen applicants will be involved in projects that will expose them to the chosen area of practice in a working environment, drawing on the technical and…
MamoTCV Advocates
15th February 2021
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Public Consultation on the Intersection Between Competition Law and Sustainability Policy Legal Updates

Public Consultation on the Intersection Between Competition Law and Sustainability Policy

The European Commission has published a call for contributions, which will run until 20 November, on how EU competition policy can best support the "Green Deal".The Green Deal is the EU's action plan intended to boost the efficient use of resources by moving to a clean, circular economy and to restore biodiversity and cut pollution.The main goal is for Europe to be the first climate neutral continent by 2050.The idea is that competition policy, although not the primary tool to combat climate change and protect the environment, can complement regulation in doing so.Short of any legislative changes to the existing…
MamoTCV Advocates
11th November 2020
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Undertakings with Links to Tax Havens not to Receive State aid Antitrust, Competition and TradeLegal Updates

Undertakings with Links to Tax Havens not to Receive State aid

The European Commission ('Commission') has issued a recommendation to Member States that undertakings with links to tax havens (see list) and/or undertakings that have been convicted of serious financial crimes should not be beneficiaries of any state aid.The aim behind this recommendation is to avoid the misuse of public funds and to strengthen safeguards against tax abuse and financial crime throughout the Union. Nevertheless, it ought to be noted that the recommendation does not absolutely prohibit every undertaking with a link to a listed non-cooperative jurisdiction from receiving State aid. Member States are to make known to the Commission the…
MamoTCV Advocates
16th July 2020
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MCCAA Launches Consultation on Proposed Amendments to Consumer Affairs Act Legal UpdatesNews

MCCAA Launches Consultation on Proposed Amendments to Consumer Affairs Act

On 22 April 2020, the Malta Competition and Consumer Affairs Authority (the "MCCAA") published a consultation regarding a Bill to amend the Consumer Affairs Act (Chapter 378 of the laws of Malta) and other Laws, and to make ancillary and consequential provisions thereto. The proposed Bill aims to implement Regulation (EU) 2017/2394 on cooperation between national authorities responsible for the enforcement of consumer protection laws and repealing Regulation (EC) No 2006/2004, which lists the minimum investigation and enforcement powers of the competent authorities of the Member States. The consultation is open for feedback until 12 May 2020, and anyone who…
MamoTCV Advocates
28th April 2020
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ESMA Publishes Guidance on Performance Fees in UCITS and Certain AIFs Investment Services & FundsLegal Updates

ESMA Publishes Guidance on Performance Fees in UCITS and Certain AIFs

On the 3rd April, 2020, the European Securities and Markets Authority ("ESMA") published its final guidelines on performance fees in Undertakings for Collective Investments in Transferable Securities ("UCITS") and certain types of Alternative Investment Funds ("AIFs"). The guidelines provide comprehensive guidance to fund managers when designing performance fee models for the funds they manage, including the assessment of the consistency between the performance fee model and the fund's investment objective, policy and strategy, particularly when the fund is managed in reference to a benchmark.Their purpose is to harmonise the way fund managers charge performance fees to retail investors, as well…
MamoTCV Advocates
9th April 2020
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Recent Amendments to the Maltese Subsidiary Legislation Regulating the Processing of data in the Insurance Sector Legal UpdatesTelecoms, Media & Technology

Recent Amendments to the Maltese Subsidiary Legislation Regulating the Processing of data in the Insurance Sector

Legal Notice 107 of 2020 (the 'Legal Notice') has recently introduced important changes and clarifications to the Maltese 'Processing of Data Concerning Health for Insurance Purposes Regulations' (S.L. 586.10), which, in parallel with the EU General Data Protection Regulation (GDPR) and the Maltese Data Protection Act (Chapter 586 of the Laws of Malta), regulate the processing of health data in the insurance sector.S.L. 586.10 primarily sought to set out a lawful basis for entities involved in the "business of insurance" to process data concerning health. Particularly, Regulation 4 thereof had previously set out a number of requirements for the processing…
MamoTCV Advocates
31st March 2020