New Managing Partner at Mamo TCV Advocates
Mamo TCV Advocates has announced that Dr Michael Psaila will be taking over the role of managing partner of the firm from Prof Andrew Muscat with effect from 1st November, 2017. Prof Muscat will continue to lead the firm's corporate and banking and finance departments.
Blockchain Technology & the Law: Myriad Business Opportunities
What is Blockchain? Blockchain can be described as a digital database or ledger which is shared between a network of computers. The premise of blockchain, as well as its distinctive feature, is that it works on distributed trustless consensus. Each transaction entered into the ledger (known as a block) is connected to the block before …
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GDPR Administrative Fines: New Guidelines Recently Adopted
On 25 May 2018, Regulation 2016/679, the General Data Protection Regulation (GDPR) will come into effect across the European Union (including Malta). As has been widely reported, infringement of the GDPR may lead to fines as high as €20,000,000 or 4% of an entity's total worldwide annual turnover (whichever is higher).
€350,000 in damages for breaching fiduciary obligations
In the recent judgment of M.A.I.N. Services Limited et v Albert Galea et (case 1246/07 JZM) delivered on the 28th September 2017, the Court examined in quite extensive detail the nature and the effects of fiduciary duties.
Cryptocurrencies in Malta – A Legal Perspective
Explaining Cryptocurrencies Cryptocurrencies (also referred to as virtual currencies) are a form of digital currency which utilise encryption techniques for security. The same cryptography techniques are used in order to verify transactions involving virtual coins, and further coins are generated using complex mathematical algorithms in a process termed 'mining'.
“Transformational” changes to the employment landscape under new government?
“Transformational” changes to the employment landscape under new government? Rachael Brown and Tim Clarke, Partners | Thursday 26 October 2017 The change in government after nine years is likely to result in important changes to the employment landscape in New Zealand. The coalition agreement between the New Zealand Labour Party and New Zealand First describes the …
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Update on the new Government’s foreign investment policy direction
Update on the new Government’s foreign investment policy direction Andrew Petersen and Willy Sussman, Partners | Wednesday 29 November The New Zealand Government has published the first of its changes aimed at strengthening the Overseas Investment Act 2005 (OIA) by issuing a new Directive Letter (Letter) to the Overseas Investment Office (OIO). This will affect …
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VIDEO: Outlook for construction in New Zealand
VIDEO: Outlook for construction in New Zealand Tom Bennett, Partner | November 2017 The New Zealand Government’s planned investment in infrastructure includes a greater focus on public transport and regional development. Property lawyer Tom Bennett, a construction specialist with Bell Gully’s projects and developments team, was interviewed by Unfiltered about the outlook for construction in New …
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2017 FCPA Enforcement Actions and Highlights
Overall, this was a less active year in terms of Foreign Corrupt Practices Act ("FCPA") enforcement actions, at least when compared to 2016. In 2017, the Department of Justice ("DOJ") took a total of 9 enforcement actions and the Securities and Exchange Commission ("SEC") took a total of 7 enforcement actions. Therefore, we observe that …
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Success Story – OTS Solicitors Push Through ILR Application For Sole Representative
Article by Teni Shahiean. Teni Shahiean is a founding partner at OTS Solicitors. She has a wealth of experience in business immigration law, commercial law and employment law and regularly advises businesses on Sponsor Licence acquisition and compliance. Teni is also regularly called on to provide expert opinion on television and in print media, both in the UK and internationally.