In line with its commitment to becoming fully paperless, the Malta Business Registry (MBR) has announced that with effect from 1 September 2025, a number of statutory forms and other documents must be submitted exclusively through its online system, BAROS (Business Automation Registry Online System). The statutory forms that are to be submitted only through...
We are proud to announce that David Zahra, partner at the firm, has been appointed Chairperson of the Forum of Company Secretaries during the Forum’s Annual General Meeting held on 21 May 2025. Catherine Formosa was also appointed Deputy Chairperson. The Forum brings together company secretaries of entities listed on the Malta Stock Exchange plc,...
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 06/2025/01 The MFSA has launched a public consultation proposing a more flexible approach to the free float...
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...
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 05/2025/01 There was a decision by the MFSA involving a listed entity that was found to be...
David Zahra & Associates Advocates was pleased to participate in the 9th edition of the IBA Global Entrepreneurship Conference, held between 18 and 20 May 2025 at the Museo Nazionale della Scienza e della Tecnologia Leonardo da Vinci in Milan, Italy. Themed ‘Back to the Future: Lessons from the Past to Cope with the Next Ten...
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