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…
On 27 May 2026, the Malta Financial Services Authority ("MFSA") issued a circular drawing the attention of market participants to the publication by the European Securities and Markets Authority ("ESMA") of its 2025 Corporate Reporting Enforcement and Regulatory Activities Report (the "Report"). The Report sets out the findings of European enforcers' examination of listed companies' annual financial reports and identifies the common enforcement priorities that national competent authorities across the European Union and the European Economic Area will focus on in their supervisory activities. ESMA's enforcement programme is designed to promote the consistent application of International Financial Reporting Standards ("IFRS")…
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…