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Mamo TCV Advocates - DORA Services
Banking & FinanceCapital MarketsDORAInsurance & ReinsuranceTelecoms, Media & Technology

Are you ready for DORA?

The ‘Digital Operational Resilience Act’ or “DORA” (Regulation (EU) 2022/2554) shall be enhancing and improving Information and Communications Technology (‘ICT’) operational risk requirements across various financial sectors. Subsequently, it imposes obligations on a vast array of different financial entities, as well as certain ICT service providers that assist such financial entities. These financial entities include the following: Credit institutions Account information service providers Investment firms Alternative Investment Fund Managers Crypto-asset service providers Payment institutions Central securities depositories Credit rating agencies Data reporting service providers Insurance and reinsurance undertakings Insurance intermediaries Crowdfunding service providers Mamo TCV Advocates can provide assistance by…
Mamo TCV Advocates
18th June 2024
Mamo TCV - Houses in Valletta
Real Estate & Construction

Temporary Emphyteutical Concessions of Government-Owned Commercial Property

A new set of regulations regulating the grant of a temporary emphyteutical concession to the emphyteuta, tenant or operator of Government-owned commercial property came into force on 4th June 2024 in virtue of Legal Notice 131 of 2024 (the “Regulations”). Eligibility Applications for the granting of a temporary emphyteutical concession of Government-owned commercial property (please refer to the First Schedule to the Regulations) are to be submitted to the Lands Authority (the “Authority”) by an applicant, being any natural or legal person, and having any of the following: (a) a valid emphyteutical concession recognised by the Authority; (b) a valid…
Dorita Cardona
13th June 2024
ESG
News

ESG in Employment Business Breakfast

Environmental, Social, and Governance (ESG) principles have emerged as a crucial framework for assessing the sustainability and societal impact of businesses. During this business breakfast the focus shall be on the ‘S’ in ESG - the social pillar which focuses on the company’s relations with its workforce, dealing with areas such as labour management, health and safety policies and employee treatment, as well as the company’s impact on society in general. The panel will be discussing best HR practices which companies are implementing at their workplace in alignment with ESG principles. This will be an opportunity to discover what some…
Mamo TCV Advocates
12th June 2024
Mamo TCV advocates - During the month of June and July 2024, partners and staff at Mamo TCV are taking turns in assisting the Soup Kitchen OFM in Valletta.
News

Mamo TCV Providing Assistance to Soup Kitchen

During the month of June and July 2024, partners and staff at Mamo TCV are taking turns in assisting the Soup Kitchen OFM in Valletta. The first team participating this week were our associates – Veronica Grixti (left) and Tessa Borg Bartolo (right) who were also accompanied by Ian Busuttil from the management team. Our volunteers helped in the preparation and serving of food, and afterwards in the necessary cleaning operations. On a daily basis the Soup Kitchen provides a hot, nutritious, well-balanced meal to many guests that might otherwise not be able to nourish themselves. The organisation offers other…
Mamo TCV Advocates
11th June 2024
Mamo TCV Advocates - The principle of equal pay for work of equal value to apply more extensively to workers of employment agencies
Employment and Industrial Relations

Extension of the Principle of Equal Pay for Work of Equal Value

The current Temporary Agency Workers Regulations (S.L. 452.106) regulate temporary agency workers, transposing Directive 2008/104/EC of the European Parliament and of the Council on temporary agency work into Maltese law. This legislation is meant to ensure equality of treatment between temporary agency workers and employees of the user undertaking (the entity for which the temporary agency workers would be providing their services). The present regulations make exceptions to the applicability of the principle of equal pay for work of equal value. To ensure better equality of treatment, a new legal notice 128 of 2024 entitled ‘Temporary Agency Workers Regulations, 2024’…
Christine Calleja and Erika Azzopardi Taliana
4th June 2024
Mamo TCV Advocates: Proposed Amendments to the Depositor Guarantee Scheme Directive. Such proposal has been adopted by the European Parliament on 24 April 2024.
Banking & Finance

European Parliament Adopts Amendments to the Depositor Guarantee Scheme Directive

On the 24th of April 2024 the European Parliament (hereunder the ‘EP’) adopted the Proposal for the amendments to the Directive 2014/49/EU as regards the scope of deposit protection, use of deposit guarantee schemes funds, cross-border cooperation and transparency (the Directive hereunder referred to as the ‘DGSD’). The EP adopted the proposal with additional amendments to be assessed in line with the applicable European legislative process and, hence, the text is not final. These amendments are part of the proposed European package amending the framework on banks’ crisis management . One of the concepts considered under the DGSD is that…
Sarah Zerafa Lewis
4th June 2024