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Corporate

Corporate and M&ALegal Updates

Corporate Legal Update for the Months of April and May 2023

On the 21st of April, Bill number 53 entitled the Arbiter for Financial Services (Amendment) Act (Chapter 555 of the Laws of Malta) was published among the Government Notices in the Supplement to the Government Gazette. This Bill has reached First Reading stage in Parliament and aims to amend the definitions of “customer” and “eligible customer” so as to enable consumer associations to file complaints before the Arbiter for Financial Services and to bring the Act in line with the provisions of Directive (EU) 2016/97. A subsequent Bill numbered 54 and entitled the Representative Actions (Consumers) Act was published in…
Mamo TCV Advocates
22nd June 2023
Corporate and M&ALegal Updates

Corporate legal update for the month of March 2023

The month of March 2023 has brought with it a new legislative Act to amend the Financial Markets Act (Chapter 345 of the Laws of Malta) and to provide for other matters ancillary or consequential thereto in the form of Act No. IX of 2023. This Act was passed by the House of Representatives on the 8th of March and assented to by the President on the 14th of March. Concurrently, a Legal Notice was published on the 14th of March by the name of the Financial Markets Act (Covered Bonds) Regulations, 2023, L.N. 59 of 2023. The scope of…
Mamo TCV Advocates
19th April 2023
Corporate and M&ALegal Updates

Corporate Legal Update for the Month of February 2023

Over the month of February 2023, a number of Legal Notices have been published within the area of company law. A batch of Legal Notices enumerated L.N. 25 of 2023, L.N. 26 of 2023, L.N. 27 of 2023 and L.N. 28 of 2023 were published on the 7th of February regulating cross-border mergers, divisions and conversions of limited liability companies, respectively. On the 21st of February, L.N. 41 of 2023 was published which repealed the Companies Act (Public Companies – Annual General Meetings) Regulations; a set of regulations published in the context of the Covid-19 pandemic with the aim to…
Mamo TCV Advocates
3rd March 2023
Company LawLegal Updates

Malta Business Registry issues advice on adequate electronic mail address

On the 6th July, the Malta Business Registry (MBR) issued a circular advising all companies registered in Malta to provide it with an adequate electronic mail address in terms of the legal requirement emanating from Act LX of 2021 by not later than 30th September, 2022. In addition to it being a legal requirement, providing an electronic mail address ensures the timely service of correspondence to company officers. Moreover, shifting to electronic communication is one of the MBR’s intiatives towards limiting paper-format correspondence as part of local and EU-wide measures related with the European Green Deal. In order to fully…
MamoTCV Advocates
6th July 2022
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Telecoms, Media & Technology

Mamo TCV Advocates Contributes to the 2017 Edition of DLA Piper’s ‘Data Protection Laws of The World Handbook’

Ever since the 'Data Protection Laws of The World Handbook' was launched by DLA Piper in 2012, Mamo TCV Advocates has been closely involved therewith by providing, and subsequently updating on an annual basis, the chapter relating to Maltese data protection legislation. The 'Malta' section is currently updated as at 26 January 2017 and is available here.The handbook provides an overview of the key privacy and data protection laws and regulations across nearly 100 different jurisdictions and offers a primer to businesses as they consider this complex and increasingly important area of compliance.The full edition of the world handbook itself…
Claude Micallef Grimaud
13th March 2017
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Employment and Industrial Relations

New Business Hours Regulations in Malta – Express Consent of Employee Required to Work on Sundays

In line with the new Business Hours Regulations (Subsidiary Legislation 441.08), which have come into force as of January 2017 and which allow shops to open on Sundays (subject to the opening times established in the same Regulations), the Wholesale and Retail Trades Wages Council Wage Regulation Order (Subsidiary legislation 452.63) has also been amended.Amongst other changes in the working times and periods of rest, an important introduction in the Wholesale and Retail Trades Wages Council Wage Regulation Order is that contained in regulation 6A which provides that employees covered by the Wage Regulation Order shall only be obliged to work…
Christine Calleja
10th March 2017