Brussels 1 Recast – Interpreting the Grounds for the Refusal of Recognition of Judgements
On the 21st of March 2024 the Court of Justice of the European Union (the “CJEU”) delivered a preliminary ruling (C-90/22) clarifying the scope of the grounds for the refusal to recognise judgements of EU Member States in terms of Regulation (EU) No 1215/2012 on jurisdiction and the recognition and enforcement of judgements in civil and …
Ganado Advocates supporting AIJA conference in Malta
The International Association of Young Lawyers (AIJA) will host an event in Malta from June 13th to 15th titled ‘Setting Sails in Turbulent Times’.
ESMA’s Statement on Best Practices for Information Sharing in Pre-Close Calls in terms of MAR
On 29th May 2024, the European Securities and Markets Authority (“ESMA”) issued a statement relating to the applicable requirements and corresponding good practices for issuers to consider when engaging in pre-close calls sessions with financial analysts in light of the Market Abuse Regulation (“MAR”).
Conflicts of Interest for CASPs under MiCA
The European Securities and Markets Authority (ESMA) recently published its Final Report covering conflicts of interest for crypto-asset service providers (CASPs).
The special privilege granted under Maltese Law for the payment of outstanding crew wages
In a decision delivered by the First Hall of the Civil Court (the ‘Court’) on the 21st of March 2024 in the names of Paul Falzon vs. Il-Bastiment ‘Sky’ (IMO No. 8597011),
GRC in Malta: The Compliance Officer as a strategic partner – Beyond regulatory oversight
Compliance officers are responsible for ensuring that their organisation complies with applicable laws and regulations, and in a regulated sector like financial services,
Virtual IBANs: the EBA’s report on their issuance and regulation
Virtual IBANs (“vIBANs”) are increasingly being used as payment account identifiers across the EU to redirect payments, yet the definition and the appropriate regulatory treatment thereof remains ambiguous.
Revising Chapter 3 of the Financial Institutions Rulebook – MFSA issues new Consultation Document
The MFSA has, on 21 May 2024, issued a consultation on the revised Chapter 3 of the Financial Institutions Rulebook (‘FIR/03’) which will be applicable to both payment institutions and electronic money institutions once finalised.
‘Equal Pay for Work of Equal Value’ the importance of comparing like with like
In a decision handed down by the Industrial Tribunal (the ‘Tribunal’) on 5th October 2022 in the names James D’Anastas vs Wembley Stores Company Limited (and confirmed by the Court of Appeal on 12th July 2023),
Navigating Malta’s financial landscape: Ganado Advocates hosts Milan event
On May 16th, Ganado Advocates and the Maltese Embassy in Italy collaborated to host an event in Milan focusing on regulatory developments in the Maltese financial services industry.