Mar
18

FIAU issues circular extending REQ submission deadline

News_AMLa
  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...
Continue reading
  3158 Hits
3158 Hits
Mar
18

COVID-19 Update: Extension of Legal Times

News_msks
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 ...
Continue reading
  3261 Hits
3261 Hits
Mar
18

COVID-19 Update: Closure of Public Places

News_clsd
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, ...
Continue reading
  3310 Hits
3310 Hits
Mar
05

Merger Filers Global Legal Guide

News_NEM
Mamo TCV has authored the Malta Guide on the Merger Filers Global Legal Guide. The Guide is a collective effort among leading competition lawyers, providing information on the merger control rules in a number of jurisdictions worldwide covering areas such as how mergers are to be notified to the relevant competent authorities, the process of merger notification, and appeal processes. It also provides summaries of merger decisions taken by the competent authorities of each jurisdiction and will be periodically updated to include recent decisions. This is not the fi...
Continue reading
  2370 Hits
2370 Hits
Feb
21

Malta Foundations

News_Vltt
INTRODUCTION Maltese law allows for the establishment of various types of foundations, whether for a social or private purpose or for the benefit of named beneficiaries or a class thereof. DEFINITION OF FOUNDATION A foundation is an organisation consisting of a universality of things constituted in writing, including by means of a will, by a founder or founders whereby assets are destined either: (a) for the fulfillment of a specified purpose; and/or (b) for the benefit of a named person or class of persons, and which are entrusted to the administration of a desig...
Continue reading
  3527 Hits
3527 Hits