In its first quarter 2025 report, Malta has once again achieved a high ranking, being placed first in Europe and second globally on the Cape Town Convention Compliance Index. With a score of 95 out of 100, Malta was rated in the “Very High” category, confirming its strong position within the global aviation sector. Background to the Cape Town Convention The Convention on International Interests in Mobile Equipment and the Protocol on Matters Specific to Aircraft Equipment (collectively known as the CTC), signed in 2001 and ratified by Malta in 2010, was created to facilitate aircraft financing and leasing by…
On the 11th of July 2025, Malta implemented pivotal regulatory changes through the Trusts and Trustees Act (Register of Beneficial Owners) (Amendment) Regulations 2025, which came into effect in virtue of Legal Notice 133 of 2025. These amendments notably expand the scope of beneficial ownership reporting and tighten compliance requirements for trustees. The most consequential development introduced by the 2025 amendments is the inclusion of private trustees within the beneficial ownership reporting framework. Private trustees in terms of Article 43A of the Trusts and Trustees Act are defined as individuals who act as trustees by virtue of family ties or…
In two recent partial judgments delivered on 22nd July 2025 in the liquidation proceedings in the names Genesis Global Limited vs X (127/2022 ISB), the Civil Court (Commercial Section) reaffirmed a key principle under Maltese company law: there is no right of appeal from decrees issued in the context of liquidations unless expressly provided for by law. The decrees arose from requests by two intervening parties seeking creditor recognition in the ongoing liquidation of a company regulated under the Companies Act (Chapter 386 of the Laws of Malta). Their applications to be included in the list of recognised creditors had…