MFSA issues consultation paper with the Financial Services Industry
MFSA issues consultation with the financial services industry regarding VFA Regulations to be issued under the VFA Act.
Virtual Financial Assets Act and Innovate Technology Arrangements and Services Act coming into force
The Maltese Government has published the long-awaited legal notices establishing the 1st November 2018 as the date on which the Virtual Financial Assets Act (VFAA) and the Innovative Technology Arrangements (ITAS) Act will come into force.
DLT Exchanges Under the Newly Enacted VFA Act
Malta approves legislation regulating crypto exchanges.
Malta Approves Crypto Acts and Creates A Regulated Framework for ICOs and Exchanges
Malta publishes legislation regulating ICOs.
The MFSA publishes Financial Instrument Test
Step aside Howey Test, here comes the Financial Instrument Test!
A fresh look at the recoverability of takeover expenses
The High Court has revisited the recoverability of a target company's expenses for the first time in more than 45 years. The case has important implications for future reimbursement disputes.
New Provisions Concerning Critical Infrastructure in Romania
I. General context One of the major objectives of the EU is reducing the vulnerabilities of critical infrastructure and increasing their resilience. An adequate level of protection must be ensured and the harmful effects of disruptions on the society and citizens must be limited as far as possible. Critical infrastructures extend across many sectors of …
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Amendments Introduced through Law No. 7101 on Arbitration Proceedings
State courts have very important functions concerning arbitration proceedings. These functions may aim to provide assistance to arbitration proceedings, such as collection of evidence through state courts, which would support the functions of the tribunal, or functions aimed at supervision of arbitration proceedings, such as set-aside actions. The legal provisions regulating these functions play an …
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Dubai relaxes rules on filing appeals before the Court of Cassation
On 19 September 2018, H.H. Sheikh Mohammed Bin Rashid Al Maktoum, the Ruler of Dubai, issued Decree No. 28 of 2018 concerning the Acceptance of the Civil Petitions before Dubai Courts (the Decree). The Decree was issued by His Highness to address the procedures in filing appeals to the Court of Cassation. The Court of …
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European order for payment
The European Union aims to create, maintain and develop an area of freedom, security and justice in which the free movement of persons is guaranteed. In order to achieve this objective and in order to ensure the proper functioning of the internal market, the Union provides the adoption of measures in various fields, one of …