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MFSA Launches Consultation Process for Virtual Currency Investment Schemes

The Malta Financial Services Authority (“MFSA”) recently launched a consultation process on the proposed regulation of collective investment schemes incorporated with the key objective of investing in Virtual Currencies (“VCs”). This consultation process is symbolic of the Maltese government’s consistent efforts to become a pioneer in the state-wide implementation of blockchain and the more commonly...

DZ&A attend Smart Contracts Workshop

Earlier this week, representatives of David Zahra & Associates Advocates attended a BitMalta workshop centred around the practical and user-orientated benefits of Smart Contracts. The blockchain technology on which smart contracts are based is not to be deified or painted as a solution for every modern-day problem in the business sector; it does however represent...

VACANCY: Part-Time Receptionist (Afternoons)

We are seeking to engage a part-time Receptionist (afternoons from 1pm to 5pm). The firm seeks to recruit enthusiastic individuals to support the firm’s day-to-day administration. The selected person will be responsible for all office administration including phone calls, filing, reception duties and other office assistance that may be required. S/he may also be responsible...

DZ&A at Blockchain event

Gianluca Busuttil, on behalf of David Zahra & Associates, recently attended a FinanceMalta seminar dealing with Blockchain, the revolutionary technology which promises to be the heart of an informational revolution in the coming years which will disrupt the current status quo of not only the legal sphere, but the worldwide economy itself. The keynote speech at the event was...

Malta strengthens UK connection through Malta-UK Business Promotion Taskforce

Malta has recently continued its preparations for a post-Brexit economy by setting up the Malta-UK Business Promotion Taskforce. The taskforce has been set up with the explicit objective of implementing a plan of action by late 2019, intended to promote collaborative business with the UK, with particular emphasis on the industrial, economic and financial sectors,...

Public consultation launched on MFSA reform

The Office of the Prime Minister has launched a public consultation on strengthening the Malta Financial Services Authority (MFSA), the single regulator for financial services in Malta. The consultation period runs from 7 August up until 15 of September. The published consultation document focuses on reviewing the current state of the financial sector with particular emphasis on...

Gaming laws overhaul proposed

The Government has launched a consultation period for an overhaul of Malta’s gaming regulatory framework. The consultation period will end on 23 August 2017 and allows the public to submit its input on the proposal to repeal all the existing legislation and replace it with a singular primary Act of Parliament entitled the Gaming Act together with...

A typical child arrangements case

Holistically foster superior methodologies without market-driven best practices. Distinctively exploit optimal alignments for intuitive bandwidth. Bring to the table win-win survival strategies to ensure proactive domination. At the end of the day, going forward, a new normal that has evolved from generation X is on the runway heading towards a streamlined cloud solution. User generated...

Increase in Minimum Wage

Legal Notice 144 of 2017, which has come into force on 18th May 2017, has introduced a mandatory increase to minimum wage. The Legal Notice lays down that: – All employees on a minimum wage shall be entitled to a mandatory increase of €3 per week upon completion of the 1st year of employment with...

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