Mar
23

ESMA Publishes Notice Recommending Particular Action by Financial Market Participants for COVID-19 Impact

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In light of the COVID-19 pandemic, the European Securities and Markets Authority (" ESMA ") issued a notice on 13 th March 2020, urging financial market participants to take the necessary measures and precautions to deal with the evolving situation and to be able to cater for any eventuality. ESMA together with National Competent Authorities (" NCAs "), including the Malta Financial Services Authority (" MFSA "), have been closely monitoring the impact which this pandemic has had on the financial markets within the European Union (" EU "). The recommendations put ...
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Mar
23

European Court of Human Rights is Taking Exceptional Measures

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  The Registrar of the Court has issued a press release dated 16 March 2020 announcing exceptional measures that the Court has put in place. The Press Release states: "The European Court of Human Rights is taking a number of exceptional measures to respond to the unprecedented global health crisis, having regard to the recent decisions of the French authorities and the Council of Europe. The Court's essential activities will in principle be maintained and especially the handling of priority cases. For that purpose, teleworking has been put in place within the...
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Mar
18

FIAU issues circular extending REQ submission deadline

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  The Financial Intelligence Analysis Unit (FIAU) has on the 16 March 2020 issued a circular informing all subject persons that the deadline for submission of the REQ has been extended. The current deadline for submission is the 4 May 2020. The late penalty submission penalty fee has also been suspended for REQs submitted by COB 4 May 2020. Additional information including an update on COVID-19 business continuity measures adopted by the FIAU can be accessed here . Disclaimer This document does not purport to give legal, financial or tax advice. Should you re...
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Mar
18

COVID-19 Update: Extension of Legal Times

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Due to the COVID-19 outbreak, the Superintendent of Public Health has issued Legal Notice 75 of 2020 entitled 'Suspension of Legal Times relating to Promise of Sale Agreements, Notarial and other related matters (Epidemics and Infectious Diseases) Order, 2020' on 17 March 2020. The Superintendent of Public Health has ordered the closure of all courts. Through this Legal Notice, the Superintendent of Public Health has also suspended the running of all the legal terms imposed on notaries public by law with regard to the registering of any deed, will, act or private ...
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Mar
18

COVID-19 Update: Closure of Public Places

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Due to the COVID-19 outbreak, the Superintendent of Public Health issued Legal Notice 76 of 2020 entitled 'Closure of Places Open to the Public Order, 2020' on 17 March 2020. The Legal Notice orders that all bars, restaurants, cafeterias, snack bars, cinemas, gyms, museums, exhibitions, clubs, discotheques, night clubs, open-air markets, indoor swimming pools, the national swimming pool, gaming premises – including controlled gaming premises, bingo halls, casinos, gaming parlours, lotto booths and betting shops be closed due to the outbreak. This notwithstanding, ...
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1974 Hits
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