Postponement of the applicability of the Insurance Distribution Directive

Postponement of the applicability of the Insurance Distribution Directive
On 14 March 2018, the European Parliament and the Council of the European Union adopted Directive 2018/411 postponing the application of the Insurance Distribution Directive ('IDD') to 1 October 2018. Directive 2018/411 also extends to 1 July 2018 the deadline for member states to transpose the IDD into national laws.The European Parliament held that the postponement from 23 February 2018 to 1 October 2018 for the coming into force of the IDD is to give insurance undertakings and insurance distributors more time to better prepare for a correct an effective impleme...
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Mamo TCV Advocates participate in University Careers Week 2018

Mamo TCV Advocates participate in University Careers Week 2018
Mamo TCV participated in this year's University Careers Week which took place last week between the 13th and 15th March, with a view to recruit students for its summer internship programme. The programme is designed to give students practical, hands-on experience by working within a leading law firm helping students to prepare for their future careers in their chosen area of specialisation. Associates from the firm met with interested applicants at the firm's stand on campus during careers week. Dr Michael Psaila, Managing Partner, and Dr Christina Scicluna, a sen...
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Mamo TCV Advocates at the Annual Consumer Law Conference

Mamo TCV Advocates at the Annual Consumer Law Conference
Dr Annalies Muscat, a senior associate, gave a presentation entitled 'Protecting the consumer in the digital marketplace – where are we so far?' at the Annual Consumer Law Conference, which is held on World Consumer Rights Day, 15 March.The Conference is organised jointly by the Department of Commercial Law, within the Faculty of Laws at the University of Malta, and the Malta Law Academy of the Chamber of Advocates, Malta. The theme of this year's conference was 'Consumer Protection: The Struggle Continues!'.Dr Muscat's presentation focused on how the consumer ope...
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Mamo TCV Advocates Wins Mondaq Award

Mamo TCV Advocates Wins Mondaq Award
Mamo TCV has won the Top Communicator Award from Mondaq for the Most Popular Article in Malta for February 2018. The article that clinched the award, Malta: Proposed Regulatory Framework In Malta On Blockchain, Distributed Ledger Technology And Virtual Currencies, was written by Dr. Christina Scicluna.To read more about the award, please visit Mondaq's website. (Contributor With Most Popular Article In Malta).Disclaimer This document does not purport to give legal, financial or tax advice. Should you require further information or legal assistance, please do ...
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Amendments to the Guidelines regarding VAT treatment of Yacht Leasing

Amendments to the Guidelines regarding VAT treatment of Yacht Leasing
The Commissioner for Revenue has recently published an amended version of the Guidelines regarding the VAT treatment of Yacht Leasing in Malta. The most noticeable modification from the previous Guidelines relates to the determination of the use of the yacht within and outside EU territorial waters during the lease period. The previous Guidelines acknowledged the difficulty in trailing the movements of a pleasure yacht in order to determine the period the yacht spends within EU territorial waters, and therefore established the estimated percentage portion of the l...
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