Publication of the Insurance Distribution Act and Insurance Distribution Rules
The Insurance Distribution Rules published by the MFSA come into force as of 1st October 2018.
Malta Ahead of the Game: Three cryptocurrency and blockchain Bills passed the second reading stage
During a conference organised by the Malta Institute of Management, Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri, announced that the three crypto-related bills, namely the Malta Digital Innovation Authority Bill, the Innovation Technological Arrangements and Services Bill, and the Virtual Financial Assets Bill will pass through the second reading in Parliament, …
Insurance contract law reform back on the agenda for 2018
The Government announced on 6 March that it is undertaking a review of New Zealand's insurance contract law, and has released a terms of reference for the review here.
All You Need to Know about the Application for Overseas Investment Projects
All You Need to Know about the Application for Overseas Investment Projects – Key Points of NDRC Guidelines for Preparing Application for Overseas Investment Projects
Why Register a Cyprus Company
Anarticle by Mr. Michalis Economides, CEO | Advocate & Legal Consultant ofthe International Law Firm Chambersfield Economides Kranos Business nowadaysoperates in an interconnected world, without any boundaries or limitations toprotect brands and companies from the merciless competition. In our era, due totechnological breakthroughs, competition is thriving and multi-attacking companiesand brands from various channels of communication; …
Cyprus Scheme of Investors Naturalisation
New and updated Regulation on the Naturalization (Citizenship) of Investors in Cyprus byInvestment on the basis of subsection (2) of section 111A of the Civil RegistryLaws of 2002-2015 The Council of Ministers of theRepublic of Cyprus, on the 13th of September 2016 has issued an amendedRegulation in relation to the Scheme for Naturalisation (Citizenship) ofInvestors …
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Why Companies Need Professional Asset Portfolio Management
An Article by Mr Michalis Economides, CEO and Founder ofChambersfield Economides Kranos, Advocates & Legal Consultants Asset management isessential if a company is to maximize the return on investment (ROI) to itsshareholders and stakeholders. Despite its importance, however, many numerouscompanies and entrepreneurs neglect it and fail to provide the necessaryattention to the procedures required for …
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New bills on ATAD implementation and MLI approval
On 15 June 2018 the Luxembourg government approved 2 new bills of law: ATAD Bill and MLI Bill
Unrestricted VAT deduction for active holding companies
On 5 July 2018, the Court of Justice of the European Union (“CJEU”) released a welcome decision in the Marle Participations case (C-320/17) concerning the deduction of input VAT by a holding company on costs incurred in relation to acquisitions and sales of shares in subsidiaries.
Tax update – The OECD releases the Base Erosion and Profit Shifting (BEPS) public discussion draft o
On 3 July 2018, the OECD launched a consultation on the transfer pricing of financial transactions by publishing the first draft of a new chapter of the OECD Transfer Pricing Guidelines for Tax Administrations and Multinational Enterprises