On 19 June, Malta officially signed a crucial United Nations maritime convention: the UN Convention on the International Effects of Judicial Sales of Ships (the Beijing Convention), a convention aimed at providing certainty to purchasers of ships sold in judicial sales by preventing old creditors from rearresting these ships. The Convention enhances legal certainty by...
Andrew Grech has recently represented David Zahra & Associates at the AIJA (International Association of Young Lawyers) seminar held in Malta, titled ‘Setting Sails in Turbulent Times’. The seminar, which was jointly organised by the Transport and Business Law Commissions and was held at the University of Malta’s Valletta Campus, aptly tackled the contemporary challenges...
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 06/2024/01 On 31 May 2024, the European Financial Reporting Advisory Group (“EFRAG”) published its first three (3)...
The new Temporary Agency Workers Regulations (S.L. 452.133) (the “Regulations”) were published on June 4, 2024, and will enter into force on 1 January 2025. The Regulations seek to ensure equal treatment for temporary agency workers in Malta and will replace the current regulations. The Regulations apply to both ‘temporary work agencies’ and newly defined...
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 There were no updates from a Maltese regulatory perspective during the month of May 2024. European Union Update UPDATE...
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 04/2024/01 In light of the emerging Regulation (EU) 2022/2554 on Digital Operational Resilience for the Financial Sector,...
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 03/2024/01 The European Financial Reporting Advisory Group (‘EFRAG’) has been tasked by the European Commission to create...
The Malta Financial Services Authority (‘MFSA’) has initiated a survey to evaluate stakeholders’ experiences and perspectives regarding the disclosure and reporting obligations stemming from the European Union Sustainability Disclosures and Reporting framework. This survey encompasses various legislative documents, including the EU Taxonomy Regulation, Sustainable Finance Disclosure Regulation, Non-Financial Reporting Directive, Corporate Sustainability Reporting Directive, EU...
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