Nov
18

Malta: Implications of the Alternative Investment Fund Manager Directive (AIFMD)

Malta: Implications of the Alternative Investment Fund Manager Directive (AIFMD)
1. Background 1.1. The deadline for implementation of Directive 2011/61/EU of the European Parliament  and of the Council of 8 June 2011 on Alternative Investment Fund Managers1 (" AIFMD "),  by the EU Member States is 22 July 2013. However, there are various transitional  provisions and special provisions on the transposition of certain rules in relation to third  countries, which make the application of such rules dependent on a positive advice /  opinion from ESMA, and a delegated act from the European Commission. For the relevant ...
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Nov
04

Mamo TCV contributes to Taylor Wessing’s Offshore Security Enforcement Guide

Mamo TCV contributes to Taylor Wessing’s Offshore Security Enforcement Guide
​Mamo TCV has contributed to Taylor Wessing's Offshore Security Enforcement Guide, 2016 further cementing its status as to the "go-to" Maltese law firm for several foreign international firms, particularly in the practice areas of banking, corporate finance and security-backed financing. The aim behind this Guide is to offer a handy and easily accessible comparative exercise on a number of key financial jurisdictions (including Malta) with an emphasis on enforcing security. This Guide is intended to serve as an overview and does not purport to replace specialist l...
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Nov
01

New Public Procurement Regulations Issued on the 28th of October 2016

New Public Procurement Regulations Issued on the 28th of October 2016
On the 28th of October, 2016, four new legal notices were issued which will significantly change the regime of public procurement law in Malta. The legal notices are meant to transpose into Maltese law the 2014 EU Public Procurement Directives namely: Directive 2014/23 - on the Award of Concession Contracts Directive 2014/24 - on public procurement (repealing Directive 2004/18/EC) Directive 2014/25 - on procurement by entities operating in the water, energy, transport and postal services sectors (repealing Directive 2004/17/EC) - the "Utilities Directive" In ...
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Nov
01

New Regulations on Protected Disability Trusts

New Regulations on Protected Disability Trusts
In virtue of the powers conferred by Article 57 (1) of the Trusts and Trustees Act, Chapter 331 of the Laws of Malta (hereinafter referred to as 'the Act'), the Minister of Finance, acting on the advice of the Malta Financial Services Authority (hereinafter referred to as 'the MFSA'), has recently promulgated the Trusts and Trustees Act (Protected Disability Trusts) Regulations (hereinafter referred to as 'the Regulations').  The Regulations were promulgated in virtue of Legal Notice 324 of 2016 and published on the Government Gazette on the 7 th of October 2...
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Jul
01

Merger of Mamo TCV Advocates and Simon Tortell & Associates

Merger of Mamo TCV Advocates and Simon Tortell & Associates
We are very happy to announce that the law firms of Mamo TCV Advocates and Simon Tortell & Associates are merging with effect from 1 July 2016. The newly merged law firm will continue to be known as Mamo TCV. As a consequence Mamo TCV will admit three new partners Michael Psaila, Frank Testa and Katya Tua. We are very excited about this development and are convinced that by combining the mutual strengths of the two firms and complementing its practice areas with additional expertise, Mamo TCV will be in a position to further grow its practice and provide its e...
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