On Tuesday 7th of October 2025, the Malta Stock Exchange hosted the ‘Ringing of the Bell’ event to mark the listing of 36 million shares in Quinco Holdings p.l.c. (“Quinco”). The listing of Quinco is the last step in the spin-off of the food beverage segment approved by the shareholders of Simonds Farsons Cisk p.l.c. (“Farsons”) at the annual general meeting held on 26 June 2025. This follows and is similar to the successful spin-off of Farson’s property segment that created Trident Estates p.l.c. in 2018. In his welcome speech, Malta Stock Exchange Chairman Joseph Portelli augured Quinco and its…
On the 8th of July 2025, the MFSA published a Consultation Document proposing amendments to the Capital Markets Rules for Wholesale Security Markets applicable to the Institutional Financial Securities Market (hereinafter referred to as the “IFSM”), a regulated market operated by the Malta Stock Exchange dedicated to wholesale securities with a minimum denomination of €100,000 per security. The proposed revisions pursue two main objectives: firstly, to modernise and streamline the IFSM Rulebook; and secondly, to introduce specific provisions relating to Sukuk, being Islamic financial instruments compliant with Shariah law. 1 - Proposed amendments to the Capital Markets Rules applicable to…
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…