Skip to main content

Insights

News_Blockchain.png
The MFSA issues Consultation Paper on proposed Financial Instrument Test applicable to DLT assets Telecoms, Media & Technology

The MFSA issues Consultation Paper on proposed Financial Instrument Test applicable to DLT assets

The Malta Financial Services Authority ("MFSA") has issued a Consultation Paper on the proposed introduction of a "Financial Instrument Test" in line with a previous MFSA Discussion Paper issued on 30 November 2017 on Initial Coin Offerings, Virtual Currencies and Related Service Providers.The proposed Financial Instrument Test will be crucial in determining whether a Distributed Ledger Technology ("DLT") asset, which was previously referred to as "Virtual Currency", will fall within current EU and national financial services legislation and regulatory frameworks, or within the ambit of the proposed Virtual Financial Assets Act ("VFAA") or will otherwise be exempt from regulation. The…
Ian Busuttil
16th April 2018
News_Blockchain.png
The MFSA issues Consultation Paper on proposed Financial Instrument Test applicable to DLT assets Telecoms, Media & Technology

The MFSA issues Consultation Paper on proposed Financial Instrument Test applicable to DLT assets

The Malta Financial Services Authority ("MFSA") has issued a Consultation Paper on the proposed introduction of a "Financial Instrument Test" in line with a previous MFSA Discussion Paper issued on 30 November 2017 on Initial Coin Offerings, Virtual Currencies and Related Service Providers.The proposed Financial Instrument Test will be crucial in determining whether a Distributed Ledger Technology ("DLT") asset, which was previously referred to as "Virtual Currency", will fall within current EU and national financial services legislation and regulatory frameworks, or within the ambit of the proposed Virtual Financial Assets Act ("VFAA") or will otherwise be exempt from regulation. The…
Ian Busuttil
16th April 2018
News_MBN.jpg
Malta Business Network Hosts Mamo TCV Talk on the GDPR Telecoms, Media & Technology

Malta Business Network Hosts Mamo TCV Talk on the GDPR

On Monday 16th April, the Malta Business Network will host a talk delivered by Dr Claude Micallef-Grimaud (a senior associate at Mamo TCV Advocates) on the practical steps towards applying in practice certain abstract rules found in the incoming EU General Data Protection Regulation (GDPR). The event starts at 6.30pm and will take place at the Xara Lodge in Rabat, Malta.More details are available here: https://maltabusinessnetwork.com/event/gdpr-practical-steps-towards-applying-certain-abstract-rules-practice/
Claude Micallef Grimaud
16th April 2018
News_MBN.jpg
Malta Business Network Hosts Mamo TCV Talk on the GDPR Telecoms, Media & Technology

Malta Business Network Hosts Mamo TCV Talk on the GDPR

On Monday 16th April, the Malta Business Network will host a talk delivered by Dr Claude Micallef-Grimaud (a senior associate at Mamo TCV Advocates) on the practical steps towards applying in practice certain abstract rules found in the incoming EU General Data Protection Regulation (GDPR). The event starts at 6.30pm and will take place at the Xara Lodge in Rabat, Malta.More details are available here: https://maltabusinessnetwork.com/event/gdpr-practical-steps-towards-applying-certain-abstract-rules-practice/
Claude Micallef Grimaud
16th April 2018
News_EmpLaw.png
Employer files counter-claim against ex-employee seeking damages Employment and Industrial Relations

Employer files counter-claim against ex-employee seeking damages

In the case of Brian Schembri v National Orchestra Limited, which is currently pending before the First Hall of the Civil Court, the ex-employee sued the employer for payment of three years' salary according to contract, in view of the fact that the employer had terminated the employment contract. In a rather interesting twist, the employer not only defended its position by arguing that it had terminated the contract for sufficient reasons, considering also that the employee himself had abandoned his employment, but it filed a counter-claim against the employee claiming damages suffered as a result of the ex-employee's actions.…
Christine Calleja
11th April 2018
News_EmpLaw.png
Employer files counter-claim against ex-employee seeking damages Employment and Industrial Relations

Employer files counter-claim against ex-employee seeking damages

In the case of Brian Schembri v National Orchestra Limited, which is currently pending before the First Hall of the Civil Court, the ex-employee sued the employer for payment of three years' salary according to contract, in view of the fact that the employer had terminated the employment contract. In a rather interesting twist, the employer not only defended its position by arguing that it had terminated the contract for sufficient reasons, considering also that the employee himself had abandoned his employment, but it filed a counter-claim against the employee claiming damages suffered as a result of the ex-employee's actions.…
Christine Calleja
11th April 2018