This site lists the 20 latest media releases. Please go to the archive for previously published media releases.
The fight against money laundering and terrorist financing in the EU financial market has spurred on the drafting of the fifth Anti-Money Laundering directive (“5AMLD”)[1] to eradicate the risk of having a repeat of such scandals and leaks in the future. The 5AMLD will reinforce what the fourth Anti-Money Laundering Directive (“4AMLD”)[2] had achieved, and…
Read MoreBy means of Legal Notice 280/2019 published on 5 November 2019, the convention between the Government of the Republic of Malta and the Government of the Republic of Kosovo for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to taxes on income entered into force on 20 September 2019. The…
Read MoreGoogle v CNIL (C-507/17) and Glawischnig-Piesczek v Facebook (C-18/18) The General Data Protection Regulation (GDPR) is widely said to have exported the legislation of the European Union (EU) worldwide since it also applies (in certain instances) to controllers and processors of data which are established outside of the EU. Yet, in a preliminary ruling of…
Read MoreMalta continues to be regarded as a strong and safe maritime jurisdiction and so far its efforts are reaping rewards as the Malta flag continues to be the sixth largest maritime flag in the world. The constant growth of the Malta maritime flag speaks volumes. During 2019 Malta flag ranked among the very top performers…
Read MoreThrough the implementation of Regulation 14.1.3 of Annex VI of the MARPOL Convention, the International Maritime Organisation (IMO) announced on the 27 October 2016 that it would implement a global sulphur cap of 0.5% on marine fuels starting from 1 January, 2020, for ships operating outside Emission Control Areas (ECA’s) [1]; a decision which will…
Read MoreIn preparation for Brexit, the Malta Gaming Authority (MGA) issued, on 14 October, the Guidance document on the Impact of the United Kingdom’s Exit from the European Union The note assesses the potential impact on the gaming industry operating in or from Malta, and the transitory measures that may be availed of in order to…
Read MoreYesterday evening, the 14th October 2019, Malta Finance Minister Hon Profs Edward Scicluna laid out the plans of the Government for 2020.In the first semester of 2019 the Maltese economy has grown at a rate of 4.7%, more than three times the average rate of growth of 1.4% for the European Union. The government is looking to…
Read MoreThe Senior Corporate Lawyer, who will be reporting to Partners, will be working with both the firm’s legal team as well as the financial services team. The successful candidate will be requested to show initiative, take on certain responsibilities within the firm, work in a multinational environment and will immediately be given the opportunity to…
Read MoreCourt Case The facts An appeal to the Court of Appeal (Inferior Jurisdiction) was filed following the decision of the Consumer Claims Tribunal (“the Tribunal”) in the names James Formosa vs. Sunday Johnson (CCT/153/17/S) dated 5 July 2019. The Tribunal upheld the plaintiff’s claim for a default order against respondent in terms of Rule 4.1…
Read MoreCourt Case: Virtu Holdings Limited The Facts On the 28 April 2017, the Ministry for Transport and Infrastructure issued the “Request for proposals for a Public Services Concession Contract for the provision of passenger and vehicle ferry services between Malta and Gozo”. On 13 June 2017, Gozo Channel (Operations) Limited issued the Preliminary Market Consultation…
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