Damages: Fishing vessel gutted by fire
The First Hall, Civil Court, presided by Mr Justice Francesco Depasquale, on the 6 June 2023, in the case “Emanuel Sant (Mary Sant succeeded the acts in this case on the death of her husband) vs Andrew Schembri and Christopher Sant personally and in representation of Sea Star Cruises Company Limited” held, among other things,
EU Member State’s Foreign Investment Screening Framework under the CJEU’s Lens
On the 13 July, 2023, the Court of Justice of the European Union (“CJEU”), delivered a ruling in the case of Xella Magyarország Építőanyagipari Kft. v. Innovációs és Technológiai Miniszter, that has shaped the way Regulation (EU) 2019/452 on Foreign Direct Investment (the “EU FDI Regulation”) is to be interpreted.
MFSA publishes observations from inspections with issuers
On 9 August 2023, the Malta Financial Services Authority (“MFSA”) published a circular with its observations following numerous market abuse-related supervisory inspections which it has been carrying out with Maltese issuers since 2018.
Malta M&A Watch: Regulation of Foreign Subsidies – Impact on M&A Transactions
With the Foreign Subsidies Regulation (Regulation (EU) 2022/2560 of the European Parliament and of the Council of 14 December 2022 on foreign subsidies distorting the internal market) (the “FSR”)[1] and the Commission Implementing Regulation (EU) 2023/1441 (the “Implementing Rules”) having now entered into force,
Malta: a state-of-the-art regulatory framework for cryptocurrencies
Cryptocurrencies have transformed finance, created investor opportunities, and disrupted traditional institutions.
Proposals for an improved European Banking Union framework – Part II
In the first part of this article, we dealt briefly with the European Commission’s proposals to further strengthen and ensure the proper application of the existing common framework for managing bank failures,
Proposals for an improved European Banking Union framework – Part I
Following the global financial crisis of 2008 – 2009, the European Union embarked on a journey towards achieving a Banking Union for Eurozone countries,
Opposing trade mark registrations in the realm of financial institutions
The Court of Appeal (Inferior Jurisdiction) (the “Court”) presided by Mr Justice Lawrence Mintoff on the 22 March 2023,
Proposals for an improved European Banking Union framework – Part I
Following the global financial crisis of 2008 – 2009, the European Union embarked on a journey towards achieving a Banking Union for Eurozone countries, where harmonisation and integration across euro area banking systems are the key objectives. Much has been achieved in building this Banking Union, however, more work is underway.
Major and emerging ML/FT risks identified by the EBA in its report on payment institutions
The scale and nature of the money laundering and terrorism financing (“ML/TF”) risk associated with the payment institutions (“PI”) sector and the extent to which PIs’ anti-money laundering and combatting of financing of terrorism (“AML/CFT”) systems