The Merchant Shipping Directorate within Transport Malta has issued a revised notice (Merchant Shipping Notice 108 Rev 4) announcing updated minimum basic wage thresholds for able seafarers, as mandated under Rule 51 of the Merchant Shipping (Maritime Labour Convention) Rules. Under the updated schedule: As from 1 January 2026, the minimum monthly basic wage will...
The Malta Financial Services Authority (MFSA) has launched a public consultation proposing a more flexible approach to the free float requirement for companies seeking admission to trading on a regulated market in Malta. The proposals aim to align with the EU Listing Act and make the local capital market more attractive, particularly for SMEs. In...
The MFSA has introduced a new notification requirement for individuals providing directorship and/or company secretary services not by way of business, under recent amendments to the Company Service Providers Act (Act X of 2025). These individuals, now classified as Restricted Company Service Providers (RCSPs), are required to notify the MFSA of their roles by submitting...
Transport Malta’s Merchant Shipping Directorate has released the new Commercial Yacht Code (CYC) 2025, which will replace the current CYC 2020. The updated code introduces a modernised and streamlined framework for the certification and operation of commercial yachts under the Maltese flag. It aims to better address the practical needs of the yachting sector while...
Following months of consultation and legislative drafting, Malta’s long-anticipated reform to the Company Service Providers (CSP) regulatory framework has now officially come into effect. Through Act X of 2025, Parliament has introduced a series of changes to the Company Service Providers Act, its Subsidiary Legislation, and the MFSA’s CSP Rulebook. These changes mark a significant...
As from 1 June 2025, the Malta Ship Registry will officially commence the exclusive issuance of electronic certificates, marking a significant step towards improved administrative efficiency and digitalisation within the maritime sector. From this date onward, no hardcopy certificates will be issued. Certificates will be issued in electronic PDF format and transmitted to the electronic...
Welcome to the monthly capital markets update, a briefing from our capital markets practice area rounding up the month’s regulatory developments within the equity and debt capital markets and looking ahead to future developments. Malta Update UPDATE NUMBER 04/2025/01 The MFSA issued a letter to CEOs and Company Secretaries of issuers (both on the...
Welcome to the monthly capital markets update, a briefing from our capital markets practice area rounding up the month’s regulatory developments within the equity and debt capital markets and looking ahead to future developments. Malta Update UPDATE NUMBER 03/2025/01 On 25 March 2025 the MFSA issued a Circular entitled ‘Article 5 of Regulation (EU) 596/2014...
Choosing the right firm for legal training is a crucial step in any aspiring lawyer’s journey. Our firm offers a hands-on, supportive environment where trainees gain real-world experience across diverse practice areas. In this blog, one of our former trainees, Nicholas Cachia, shares their journey—what they’ve learned, what makes our programme unique, and their advice...
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Designed and developed by Blonde and Giant
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