Guidelines issued on Commercial Yacht to Pleasure Yacht changeover

March 15, 2022  |   Posted by :   |   Shipping

The Commercial Yacht – Pleasure Yacht Changeover Guidelines (the “Guidelines”) were issued by Transport Malta’s Merchant Shipping Directorate on 2 September 2021. The aim of the Guidelines is to shed light on the process involved in the changing of the registration status of a yacht registered under the Maltese flag from pleasure to commercial (and […]

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MFSA issues public notices in response to recent developments in Ukraine

The Malta Financial Services Authority (“MFSA”) has reacted to recent developments in Ukraine with two public notices issued on 22 February and 1 March 2022. The public notices remind all licence holders of their obligation to have effective systems and controls in place to ensure effective sanction screening of any person or entity named in […]

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Whistleblowers in the private sector now subject to protection

March 02, 2022  |   Posted by :   |   Employment

Amendments to the Protection of the Whistleblower Act (Chapter 527 of the Laws of Malta) (the “Act”) have come into force on 24 December 2021 by means of Legal Notice 500 of 2021 which brought into force the Protection of the Whistleblower (Amendment) Act, 2021. The scope of the amendments is that of transposing into […]

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Unfair dismissal does not subsist in cases of employee absenteeism

February 23, 2022  |   Posted by :   |   Employment

On 24 November 2021, the Industrial Tribunal, presided over by Mr Franco Masini, decided a case in the names Lorraine Farrugia vs Lead Service Technologies Ltd (C-64386), wherein the plaintiff held that she was unfairly dismissed from her employment by the defendant company. In its judgement, the Tribunal makes reference to the concepts of abandonment […]

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Amendments to the Companies Act; Act LX of 2021

November 12, 2021  |   Posted by :   |   Company law,Firm News

Having been tabled to the House of Representatives, Bill 233 of 2021 has recently come into effect by virtue of Act LX of 2021 (hereinafter referred to as the “Act”). The Act has resulted in a number of introductions as well as significant amendments to the current legislative framework that regulates companies; the Companies Act, […]

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