On the 16th of June 2025, the Malta Financial Services Authority (“MFSA”) published a consultation document proposing significant changes to the minimum free float requirement (also referred to as the “Public Float”) for admission to trading on a regulated market in Malta (hereinafter referred to as the “Consultation Document”). The proposals follow the recent adoption of the EU Listing Act Package (Listing Act) published in the Official Journal of the European Union on the 14th of November 2024, which includes the Listing Regulation (Regulation (EU) 2024/2809), the Listing Directive (Directive (EU) 2024/2811) and a new Directive on multiple vote share…
On the 18th June 2025, Bill no. 136, the Companies (Amendment) Bill (the “Bill”), was presented to Parliament by the Minister for the Economy, Enterprise and Strategic Projects for its first reading and was published in the Government Gazette on the 24th June 2025. The Bill proposes a number of amendments to the Companies Act (Chapter 386 of the laws of Malta) (the “Act”). This article is the second of a two-part series which provides an overview the main amendments to the Act relating to limited liability companies. The first part of this series may be accessed here. Changes relating…
Act X of 2025 which came into force on 16 May 2025 introduced amendments to the Company Service Providers Act (Chap. 525 of the law of Malta). The amendments are intended to further refine the provision of directorship and company secretary services and therefore impact mainly the Class B Company Service Provider (CSP) Category. The amendments introduced two new categories of Class B CSPs: restricted CSPs; and limited CSPs. While the former (restricted) must notify the Malta Financial Services Authority (MFSA) by no later than 16 July 2025, the latter must register with the MFSA. This brief article focuses on restricted…