Insights

Aviation

Cape Town Convention Compliance Index Q1 2025: Malta Among Top Ranked

In its first quarter 2025 report, Malta has once again achieved a high ranking, being placed first in Europe and second globally on the Cape Town Convention Compliance Index. With a score of 95 out of 100, Malta was rated in the “Very High” category, confirming its strong position within the global aviation sector. Background to the Cape Town Convention The Convention on International Interests in Mobile Equipment and the Protocol on Matters Specific to Aircraft Equipment (collectively known as the CTC), signed in 2001 and ratified by Malta in 2010, was created to facilitate aircraft financing and leasing by…

Martina Azzopardi and Joshua Chircop3rd September 2025

AI Act’s Impact on Businesses Operating Within the EU

Data Protection and Privacy FinTech Intellectual Property Telecoms, Media & Technology

AI Laws of the World: Mamo TCV Contributes to the First Edition of DLA Piper’s Comparative Guide

DLA Piper’s recently published ‘AI Laws of the World’ guide provides a 2025 Q3 snapshot of AI laws and proposed regulations across more than 40 countries (including all 27 EU Member States), highlighting key legislative developments, regulations, proposed bills, and guidelines issued by governmental bodies. The guide also includes a contribution made by Mamo TCV Advocates which illustrates the legal position in Malta. The guide underscores significant geographical variation in regulatory approaches and attitudes, yet also reveals numerous common concerns, with lawmakers and AI-focused organisations worldwide adopting and exchanging a variety of strategies. Whilst some jurisdictions have established their own…

Claude Micallef Grimaud, Warren Ciantar and Nicole Bonett26th August 2025

Capital Markets

MFSA Consultation on Sukuk Introduction in Capital Markets Rules for Wholesale Securities

On the 8th of July 2025, the MFSA published a Consultation Document proposing amendments to the Capital Markets Rules for Wholesale Security Markets applicable to the Institutional Financial Securities Market (hereinafter referred to as the “IFSM”), a regulated market operated by the Malta Stock Exchange dedicated to wholesale securities with a minimum denomination of €100,000 per security. The proposed revisions pursue two main objectives: firstly, to modernise and streamline the IFSM Rulebook; and secondly, to introduce specific provisions relating to Sukuk, being Islamic financial instruments compliant with Shariah law. 1 - Proposed amendments to the Capital Markets Rules applicable to…

Mamo TCV Advocates22nd August 2025

Corporate and M&A Regulatory Compliance

Trust and Company Service Providers Face Rule Changes

On the 11th of July 2025, Malta implemented pivotal regulatory changes through the Trusts and Trustees Act (Register of Beneficial Owners) (Amendment) Regulations 2025, which came into effect in virtue of Legal Notice 133 of 2025. These amendments notably expand the scope of beneficial ownership reporting and tighten compliance requirements for trustees. The most consequential development introduced by the 2025 amendments is the inclusion of private trustees within the beneficial ownership reporting framework. Private trustees in terms of Article 43A of the Trusts and Trustees Act are defined as individuals who act as trustees by virtue of family ties or…

Mamo TCV Advocates20th August 2025

Insurance & Reinsurance Investment Services & Funds Regulatory Compliance

Regulatory Compliance Quarterly Update | Q2 2025

We are pleased to issue the thirteenth edition of the Regulatory Compliance Quarterly Updates. 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 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 Psaila,…

Mamo TCV Advocates6th August 2025

Data Protection and Privacy Telecoms, Media & Technology

Malta’s AI Act Authority Designations

The Malta Digital Innovation Authority (“MDIA”) and the Information Data Protection Commission (“IDPC”) have been identified as the Maltese Market Surveillance Authorities (“MSA”) under EU Regulation 2024/1689 (the “AI Act”), albeit the process of designation has yet to be formally concluded. It is expected that this will take place shortly in the coming days. The MSAs will be tasked with overseeing the responsible use of AI systems in Malta and with having the competence to carry out investigations and issue fines and penalties where necessary. They will have a diverse set of responsibilities that may be categorised as follows: Maintaining…

Mamo TCV Advocates4th August 2025