Of Counsel
Michael Borg Costanzi
Michael Borg Costanzi
Michael Borg Costanzi is Of Counsel at Mamo TCV Advocates. He joined Bank of Valletta p.l.c. in 1980 and graduated as Doctor of Laws from the University of Malta in 1993. During the 35 years spent at Bank of Valletta, Michael headed the Bank’s legal office from 2001 and was appointed as a Chief Officer responsible for the Bank’s Legal Office, Office of the Company Secretary, Customer Issues Unit and Compliance Unit in 2008. In 2005, Michael was appointed as a member of the Bank’s Executive Committee and from 2008, he sat on the Bank’s Compliance and Risk Management Committees.
From 2000 to 2009, Michael, as a visiting lecturer, delivered lectures on banking law to law students at the University of Malta.
Michael took up early retirement from Bank of Valletta with effect from the 1 April 2015 and joined Mamo TCV Advocates at the beginning of August 2015.
Michael serves as a non-executive director on a number of boards of local companies.
Michael’s main area of practice is banking and finance.
Michael is a member of the Chamber of Advocates.
Practice Areas
- Banking and Finance
- Corporate and Commerial
- Real Estate and Construction
Education
- Doctor of Laws (1993, University of Malta)
Representative Experience
- Counsel in the matter concerning lending for the acquisition of land and construction of buildings thereon in Malta for a total value of approximately €75,000,000.
Memberships
- Admitted to the Maltese Bar, Superior Courts of Malta (1993)
- Malta Chamber of Advocates
Get In Touch
Address
MAMO TCV Advocates
Palazzo Pietro Stiges
103, Strait Street
Valletta, VLT 1436
Malta
Stay updated with our latest insights
EU ‘28th Regime’ Explained: A New Framework for Company Incorporation in Europe
On the 18 March 2026, the European Commission (‘the Commission’) announced a new and harmonised corporate legal regime, ‘EU Inc.’ touted as the ‘28th regime’. It is the European Union’s (‘EU’) response to fragmentation faced by companies registered in EU countries, caused by divergent national corporate regulations and the absence of sufficiently harmonised EU-level rules. It is intended to reinforce the EU single market by removing residual internal barriers. This initiative targets stakeholder concerns raised during consultation activities. Since persistent barriers lead to problematic issues and cause companies, especially smaller businesses, to incur additional costs, the Commission hopes the proposal…
Payments Insights #6 – EU Legislative Drafting Status of PSD3 and PSR
When the Second Payment Services Directive ('PSD2') replaced the First Payment Services Directive, the EU had solidified the regulatory architecture governing payment services across the single market; and this has served the ecosystem well for the past decade. On 18th May 2026, the Chair of the European Parliament's Committee on Economic and Monetary Affairs wrote to the EU Council Presidency to confirm that if the EU Council transmits its position on the Third Payment Services Directive (“Proposed PSD3”) and the Payment Services Regulation (“Proposed PSR”) in its current form, the Committee will recommend adoption at second reading without amendment. The…
What happens to Court Cases once a Company is ordered into Liquidation?
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 company is officially placed into liquidation by a court order, any ongoing court cases involving the company, whether filed by it or against it, may no longer proceed in the usual way. Under the Companies Act, no legal proceedings may be continued or commenced against the company…
