Dec
07

Mamo TCV Delivers seminar on Company Secretary at Society Education Event

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On 30th November 2021, Dr Joshua Chircop delivered a seminar regarding the Duties of the Company Secretary on behalf of Mamo TCV Advocates on the invitation of Society Education.  The presentation was split into three parts, with the first examining the appointment and removal of the company secretary. The second part focused on the statutory functions and responsibilities of the company secretary together with the holding of general meetings and board meetings. The third part of the seminar focused on the responsibilities of the company secretary under VAT l...
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469 Hits
Oct
31

Amendments to the Companies Act - Act No. LX of 2021

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This article was written by​ Dr Neeraj Bharwani,  Dr Martina Bonnici and Dr Andrea Theuma Act No. LX of 2021 (the "Act"), published in the Government Gazette on the 26 th October 2021 introduced several amendments to the Companies Act, Chapter 386 of the Laws of Malta (the "Principal Act"). These amendments primarily relate to qualifications for a person to be eligible to act as a director and new address requirements for companies and their officers. The Act allows for different dates to be established for different provisions in the Act to enter into force....
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781 Hits
Aug
03

Brexit Blow: Setback for the UK in its Efforts to Join the Lugano Convention.

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The European Commission ("Commission") representing the European Union ("EU") has presented the Swiss Federal Council in its capacity as the Depository of the 2007 Lugano Convention ("Convention") with a Note Verbale regarding the United Kingdom's application to accede to the Convention, submitted on 8 April, 2020. Accession to the Convention would only be possible if the United Kingdom ("UK") were to secure the approval of all existing Convention members, being the EU, Iceland, Denmark, Norway and Switzerland. Iceland and Switzerland have already given their form...
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  914 Hits
914 Hits
Jul
16

Proposed Amendments to Companies Act may require Amendments to all current Memorandums and Articles of Associations

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Bill No. 233 of 2021 proposes a number of amendments to the Companies Act, Chapter 386 of the Laws of Malta. These amendments relate to the qualifications required for a person to be a director of a company, the registration of electronic addresses and the obligation of every company to have a register of officers' and shareholders' residential addresses. One of these amendments falls under Article 69 of Chapter 386, which reflects the contents which are to be established within the memorandum of association of a company. Currently, Article 69(1)(d) of the Compani...
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  1474 Hits
1474 Hits
Jul
08

MFSA Reminder: Existing CSPs to Comply with new Rules by September

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This article was written by Dr Simon Pullicino , Dr Petra Attard , and Dr Laura Spiteri The Malta Financial Services Authority (' MFSA ') has issued a circular directed at authorised company service providers (' CSPs ') that were registered to provide CSP services prior to the entry into force of the new CSP rules . CSPs that offered CSP services on the date of entry of the new rules – 16 March 2021 – could only continue to offer such services if they applied for authorisation with the MFSA by the 16 May 2021. This application for authorisation resulted in the MFS...
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  1023 Hits
1023 Hits