Insights

MFSA Circular on Amendments to the Prospectus Regulation and Market Abuse Regulation under the EU Listing Act Capital Markets

MFSA Circular on Amendments to the Prospectus Regulation and Market Abuse Regulation under the EU Listing Act

On 19 June 2026, the Malta Financial Services Authority (“MFSA”) issued a circular drawing stakeholders’ attention to key amendments to Regulation (EU) 2017/1129, the Prospectus Regulation, and Regulation (EU) No 596/2014, the Market Abuse Regulation (“MAR”), introduced by Regulation (EU) 2024/2809 as part of the EU Listing Act package. The EU Listing Act is intended to make EU public capital markets more attractive and accessible, particularly for small and medium-sized enterprises, by reducing administrative burdens, compliance costs and regulatory complexity. The amendments highlighted by the MFSA apply as from 5 June 2026. A key change concerns the prospectus exemption threshold,…
Mamo TCV Advocates
19th June 2026
Mamo TCV Advocates at the MSE Ringing of the Bell Event Capital Markets

Mamo TCV Advocates at the MSE Ringing of the Bell Event

On Wednesday 17th of June 2026, the Malta Stock Exchange hosted the ‘Ringing of the Bell’ ceremony to mark the listing of Challenge Aviation p.l.c. (the “Issuer”) €30 million 5.75% secured Bonds 2032 on the Official List of the Malta Stock Exchange (the “Listing”). The Listing represents a significant milestone for both the Challenge Group and Malta’s aviation sector, being the first secured bond issue backed by aircraft. Mr. Simon Zammit, Chief Executive Officer of the Malta Stock Exchange, expressed his best wishes to the Issuer on the successful commencement of trading. Mr. Yossi Shoukroun, Independent Non-Executive Director of the…
Mamo TCV Advocates
19th June 2026
Consumer Law Update: New ‘Right to Withdraw’ Function Requirements Now in Force in Malta Antitrust, Competition and Trade

Consumer Law Update: New ‘Right to Withdraw’ Function Requirements Now in Force in Malta

On 19th June 2026, the Consumer Rights (Amendment) Regulations, 2026 (hereinafter the “Amendments”), entered into force in Malta, transposing Directive 2023/2673 into Maltese law and introducing new requirements for distance contracts concluded by means of an online interface. These Amendments build on and amend the existing legal framework (the Consumer Rights Regulations, Subsidiary Legislation 378.17), which already provides consumers with a 14-day right of withdrawal in distance and off-premises contracts. The Amendments introduce a new requirement (by virtue of regulation 13A) for contracts concluded through online interfaces, by means of which traders shall ensure that consumers may withdraw from the…
Nicole Bonett
19th June 2026
What happens to Directors and Shareholders After a Winding up Order is Issued? Corporate and M&ALitigation & Dispute Resolution

What happens to Directors and Shareholders After a Winding up Order is Issued?

This article is part of a series exploring court actions available under the Companies Act (Chapter 386 of the Laws of Malta). Each article gives a practical overview of a specific legal remedy or procedure involving court supervision; outlining when it applies, the steps required, and the purpose behind it. It is intended as a useful reference point rather than an in-depth academic analysis. Once a court issues a winding up order, the company enters into official liquidation, and control of the company is transferred away from its directors and shareholders. The court will appoint a liquidator, usually the Official…
Kristen Camilleri and Jonathan Abela Fiorentino
17th June 2026
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