HomeCategory COVID-19

New Regulations for COVID-hit AGMs of Public Companies

Public limited liability companies which could not hold their annual general meeting due to the restrictions in place during the COVID-19 pandemic may apply for an extension of the time period by which they are to hold their meeting. The Companies Act (Public Companies – Annual General Meetings) Regulations, 2020, published on 10 July 2020, is...

COVID-19 benefits terminated

The Government has announced that persons who have been classified as “vulnerable” and who had been asked to stay home are to receive their last benefit payment on Thursday 4 June, as they are to return to work on Friday 5 June. Benefits being received by parents who had to suspend their employment to take…

COVID-19 Wage Supplement Extended

The COVID Wage Supplement implemented by the Government of Malta in response to the COVID-19 pandemic, originally intended to ver the months of March and April, has been renewed for a further two months that is to cover May and June. This measure is intended to ease the effects of the pandemic on businesses and...

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David Zahra will be joining speakers from all over Europe during AIJA‘s virtual gathering with its Italian speaking members, colleagues and friends on Tuesday 28 April, from 12:00 to 13:00 CET on Zoom. Themed ‘Il panorama post coronavirus: tra restrizioni agli investimenti stranieri, nuove prospettive di business e contenzioso’,  the gathering is organised and moderated by Francesca...

COVID-19 Moratorium on Loans imposed

Licensed credit and financial institutions have been directed to offer a six-month moratorium on repayments on capital and interest for borrowers. The conditions are as follows: Any credit facilities sanctioned prior to 1 March 2020 and the applicant must show that he has been negatively affected by the pandemic. Applicants in arrears prior to 1...

COVID-19 Guarantee Scheme launched

In wake of the heavy financial burden placed throughout by COVID-19, the Malta Development Bank has brought into effect the MDB COVID-19 Guarantee Scheme (CGS) which forms part of the of Government’s COVID19 Response Support Programme. The Government is providing financial assistance in the form of a guarantee fund to the tune of €350 million...

COVID-19 Employee Medical Benefit

The Superintendent of Public Health has ordered persons who: (i) suffer from diabetes and is dependent on insulin; (ii) are on biological medicines; (iii) had cancer in previous six months; (iv) are immuno-suppressed; (v) are undergoing renal dialysis; (vi) are pregnant; or (vii) were admitted to hospital for some respiratory disease over the previous six...

COVID-19 Wage Supplements Updates

Applications for COVID Wage Supplements have now been made available online and the lists of enterprises who are entitled to the COVID Wage Supplements have been updated further. The applications have clarified various matters including the following: • Employees received a wage supplement cannot be made redundant by their employer. • The provision of wage...

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Designed and developed by Blonde and Giant