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Corporate and M&A

Extension for reduced rate of stamp duty on the transfer of a family business

The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended for a further period of six months until 30th September 2018, in accordance with Legal Notice 82 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order.The reduction in stamp duty applies in relation to:​The transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's spouse or partner in a civil…
Ian Busuttil
23rd April 2018
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Corporate and M&A

Extension for reduced rate of stamp duty on the transfer of a family business

The reduced rate of stamp duty applicable to the transfer of shares in a family business from 2% to 1.5% has been extended for a further period of six months until 30th September 2018, in accordance with Legal Notice 82 of 2018 entitled Duty on Donations of Marketable Securities and Immovable Property Used for Business (Exemption) Order.The reduction in stamp duty applies in relation to:​The transfer of shares in a Maltese registered company and includes the transfer by means of donation by qualifying family members, which is defined as being a donation to one's spouse or partner in a civil…
Ian Busuttil
23rd April 2018
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Telecoms, Media & Technology

Long-Awaited GDPR Guidelines Finalised by the WP29

The Article 29 Working Party ('WP29') has recently adopted and subsequently finalised its long-awaited guidelines on Consent as well as those on Transparency under Regulation 2016/679 (the 'GDPR'). These long-awaited guidelines form part of the many GDPR related guidelines, opinions and recommendations issued by the WP29 aimed to help practitioners, controllers and processors alike to better understand the workings and intricacies of the imminent GDPR. These guidelines substantially expand on the notions of Consent and Transparency, going beyond what is merely contained in the law.Although strictly speaking they are not considered 'law', guidelines and opinions of the WP29 are given considerable importance…
Paul Felice
21st April 2018
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Telecoms, Media & Technology

Long-Awaited GDPR Guidelines Finalised by the WP29

The Article 29 Working Party ('WP29') has recently adopted and subsequently finalised its long-awaited guidelines on Consent as well as those on Transparency under Regulation 2016/679 (the 'GDPR'). These long-awaited guidelines form part of the many GDPR related guidelines, opinions and recommendations issued by the WP29 aimed to help practitioners, controllers and processors alike to better understand the workings and intricacies of the imminent GDPR. These guidelines substantially expand on the notions of Consent and Transparency, going beyond what is merely contained in the law.Although strictly speaking they are not considered 'law', guidelines and opinions of the WP29 are given considerable importance…
Paul Felice
21st April 2018
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Telecoms, Media & Technology

The GDPR and Fintech: Mamo TCV Participates in Panel Discussion

Dr Warren Ciantar, on behalf of Mamo TCV Advocates, recently participated in a half-day seminar organised and hosted by the Malta IT Law Association (MITLA) which was held at Smart City on the 13th April 2018. The seminar dealt with various aspects of the GDPR, including its implications in the gaming and fintech industries and was consequently attended by various stakeholders in these sectors. The background of attendees varied, with the Malta Gaming Authority, audit firms, insurance companies, gaming companies, software developers and law firms all being represented throughout the afternoon's presentations and discussions.Dr Ciantar formed part of a panel…
MamoTCV Advocates
20th April 2018
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Telecoms, Media & Technology

The GDPR and Fintech: Mamo TCV Participates in Panel Discussion

Dr Warren Ciantar, on behalf of Mamo TCV Advocates, recently participated in a half-day seminar organised and hosted by the Malta IT Law Association (MITLA) which was held at Smart City on the 13th April 2018. The seminar dealt with various aspects of the GDPR, including its implications in the gaming and fintech industries and was consequently attended by various stakeholders in these sectors. The background of attendees varied, with the Malta Gaming Authority, audit firms, insurance companies, gaming companies, software developers and law firms all being represented throughout the afternoon's presentations and discussions.Dr Ciantar formed part of a panel…
MamoTCV Advocates
20th April 2018