New legal instrument supports a work-life balance for parents and carers

July 28, 2022  |   Posted by :   |   Employment

On 1 August 2019, Directive (EU) 2019/1158 of the European Parliament and of the Council on work-life balance for parents and carers (the “Directive”) entered into force, with Member States given three years to transpose the provisions into national laws, regulations and administrative processes. The Directive aims to modernise existing EU legal and policy frameworks […]

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Malta connects to the Beneficial Ownership Registers Interconnection System

June 14, 2022  |   Posted by :   |   Uncategorized

The Malta Business Registry has announced that Malta has successfully connected to the Beneficial Ownership Registers Interconnection System (“BORIS”). The system combines the national beneficial ownership registers of Member States together with the European e-Justice portal. This set up aims to facilitate the exchange of information about beneficial owners of legal entities across European Union […]

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MFSA launches the Capital Markets Supervision Function

May 26, 2022  |   Posted by :   |   Capital Markets

The Malta Financial Services Authority (MFSA) has announced the launch of a fully-fledged Capital Markets Supervision Function in attempt to enhance Malta’s capital markets regime. The newly set up function shall be responsible for the regulation and oversight of activities across capital markets, including but not limited to: – Processing applications for admissibility to listing […]

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MBR joins Corporate Registers Forum

May 05, 2022  |   Posted by :   |   Company law,Malta

The Malta Business Registry has announced that it has become a member of the Corporate Registers Forum, an association of international corporate registries. The association has the objective of providing its members with the latest developments relating to corporate business registers on an international level. The Corporate Registers Forum also aims to serve as a […]

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Malta Passenger Yacht Code introduced

March 15, 2022  |   Posted by :   |   Shipping

By virtue of Merchant Shipping Notice 171, the Merchant Shipping Directorate announced that it has introduced the Passenger Yacht Code (the “PYC”), which came into force on 25th May 2021. The PYC is a result of consultation with various industry stakeholders. The PYC applies to passenger yachts which: – carry more than 12 and not […]

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