Managing Partner
Michael Psaila
Michael Psaila
Michael Psaila is the Managing Partner at Mamo TCV Advocates. He graduated Doctor of Laws from the University of Malta in 2004 after submitting a doctoral thesis titled ‘The Raising and Maintenance of Capital’. Michael furthered his studies at Kings College London, where he obtained an LL.M in Corporate and Commercial Law.
Michael was called to the Bar in January, 2005 and was a partner at Simon Tortell & Associates since the firm was founded in May 2009 until it merged with Mamo TCV in July 2016.
He regularly advises a range of clients that include public authorities, banks, fund managers, insurers, multinational companies and local businesses on corporate law, M&A transactions, banking and finance and insolvency.
Michael has been managing partner of the firm since November 2017 and also plays a key role in the firm’s business development activities.
He is a member of the Chamber of Advocates, the Institute of Financial Services Practitioners and the International Bar Association.
Education
- B.A. Legal and Humanistic Studies (2001, University of Malta)
- Doctor of Laws (2004, University of Malta)
- LL.M. (2005, Kings College, University of London)
Representative Experience
- Acted as local counsel in Malta for Doordash Inc. in connection with the acquisition of Wolt Enterprises OY, which included a subsidiary with operations in Malta
- Acted as local counsel in Malta for Evos BV in connection with the acquisition of Oiltanking Malta Limited, a company that owns and operates an oil storage facility in Malta
- Acted as local counsel in Malta for Bain Capital in connection with the acquisition of aero engine manufacturer ITP Aero
- Acted as local counsel in Malta for Stonehage Fleming in connection with the acquisition of the private client and corporate services business of a Maitland, a privately owned global advisory, administration and family office firm having operations in a number of jurisdictions, including Malta
- Acted for the ex-shareholders in a Maltese company that owns significant photovoltaic assets in Greece in high-value arbitration proceedings involving various claims in connection with a share purchase agreement
- Acting for BCRS Malta Limited, a company incorporated by the major stakeholders in the Maltese beverage industry for the purpose of setting up and operating a beverage collection refund scheme in Malta
- Acted for the minority shareholders of a company that was listed on the Malta Stock Exchange in unfair prejudice proceedings that resulted in the company being put into liquidation (Calamatta Cuschieri Investment Services Limited et vs Pefaco International plc.)
- Acted as Maltese counsel for the acquirer of an integrated supplier of secure and highly engineered banknotes used by central banks over the world and having operations in a number of jurisdictions, including Malta
- External counsel to a retail bank on a variety of matters including regulatory compliance, anti-money laundering, product structuring, credit facilities, security agreements and other day-to-day matters
- Regularly acts lenders and borrowers in syndicated finance transactions involving Maltese companies
- Maltese counsel to the acquirer of a company specialising in technically complex active pharmaceutical ingredients with an operation in Malta
- Advised on the Maltese law aspects of an initial public offering on the Toronto Stock Exchange of a company having a Maltese corporate holding structure
- Acted for a public authority in connection with the procurement process for a major PPP project in the tourism sector
- Acted for the vendors of a significant minority stake in a credit institution registered in Malta and listed on the Malta Stock Exchange
Memberships
- Admitted to the Maltese Bar, Superior Courts of Malta (2005)
- Malta Chamber of Advocates
- Institute of Financial Services Practitioners
- International Bar Association
Get In Touch
Address
MAMO TCV Advocates
Palazzo Pietro Stiges
103, Strait Street
Valletta, VLT 1436
Malta
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Regulatory Compliance Quarterly Update | Q2 2022
We are pleased to introduce our Regulatory Compliance Quarterly Updates. These updates are intended to keep Maltese regulated entities informed of regulatory changes and developments taking place in the local financial services space. In this issue, we focus on the sector specific and cross-sectoral regulatory updates relating to Investment Services and Asset Management. Our first Regulatory Compliance Quarterly Update can be found here. The Regulatory Compliance Quarterly Update does not purport to give legal, regulatory, financial or tax advice. Should you require further information or assistance, please do not hesitate to contact Katya Tua.
Changes to the Investment Services Rulebooks for Investment Services Providers: The integration of sustainability risks and factors in MiFID
The Malta Financial Services Authority has informed investment firms of the amendments carried out to Part BI of the investment services rules for Investment Services Providers. These amendments seek to implement the provisions of the Commission Delegated Regulation (EU) 2021/1253. The Commission Delegated Regulation (EU) 2021/1253 amends Delegated Regulation (EU) No 2017/565 in relation to the integration of sustainability factors, risks and preferences into certain organisational requirements and operating conditions for investment firms.The European Commission has introduced changes to the MiFID II delegated acts, in order to integrate sustainability factors, risks and preferences into the investment firms’ regulatory obligations. These…
Presentation on the new rights introduced by the Work-Life Balance Regulations in collaboration with 21 Malta
Dr Christine Calleja and Dr Warren Ciantar, in collaboration with 21 Malta, delivered a one hour presentation on the new rights introduced by the Work-Life Balance for Parents and Carers Regulations, on Wednesday 20th July 2022. The main rights to be introduced by the Regulations will be paid paternal leave, partly paid parental leave and unpaid carer’s leave. These new rights will come into force on the 2nd August 2022, implementing the Work-Life Balance for parents and carers Directive. For any questions relating to these new rights please do not hesitate to get in touch with us.
