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...
Following months of consultation and legislative drafting, Malta’s long-anticipated reform to the Company Service Providers (CSP) regulatory framework has now officially come into effect. Through Act X of 2025, Parliament has introduced a series of changes to the Company Service Providers Act, its Subsidiary Legislation, and the MFSA’s CSP Rulebook. These changes mark a significant...
Legal Notice 92 of 2025 introduces new statutory forms and updates to the Companies Act (Forms) Regulations. These changes are intended to enhance corporate transparency and tighten reporting obligations to the Registrar of Companies and come into force on 16 July 2025. The Legal Notice’s key takeaways are the following: New Form F(3): Appointment of Auditor...
As from 1 June 2025, the Malta Ship Registry will officially commence the exclusive issuance of electronic certificates, marking a significant step towards improved administrative efficiency and digitalisation within the maritime sector. From this date onward, no hardcopy certificates will be issued. Certificates will be issued in electronic PDF format and transmitted to the electronic...
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