AIFMD II – A step closer to entry into force
On 26 February 2024, the Council of the European Union announced that it adopted the proposed Directive amending the Alternative Investment Fund Managers Directive (2011/61/EU) (“AIFMD”) and the UCITS Directive (2009/65/EU), commonly referred to as the ‘AIFMD II’ (2021/0376 (COD)).
Faster Credit Transfers: EU Council adopts Regulation on Instant Payments
The EU Council has, on 26 February 2024, given the green light for the proposed regulation for instant payments in the single market.
The MFSA consults on a draft Conduct of Business Rulebook for Banks
Deposit accounts, payment accounts, electronic money and certain categories of lending are amongst the in-scope Retail Products
Curateurs et tuteurs : comment gérer le patrimoine de vos protégés ?
Si vous avez été nommé curateur ou tuteur (privé ou professionnel, d’un proche ou d’un tiers),
Listen: Merger control in Malta
In the fourth episode of the Ganado Meets Corporate Podcast, Dr Clement Mifsud-Bonnici, Senior Associate at Ganado Advocates, speaks with Office of Competition’s Director General, Godwin Mangion where together they discussed merger control law in Malta.
MFSA Shifts to Outcomes-Based Supervision in 2024
The Malta Financial Services Authority (“MFSA”) has released its Supervisory Priorities for 2024, outlining a change to an outcomes-based approach to supervision.
When is a claim considered fraudulent? The impact of false and misleading statements on a claim for damages
Allianz Australia Insurance Limited v Yu [2024] NSWSC 31 Key principles The totality of the evidence, rather than just the Claimant’s own statements, should be considered when assessing the Claimant’s credibility for the purposes of determining whether false and misleading statements have been made.
Understanding the new employee right to disconnect
On 12 February 2024, the Fair Work Legislation Amendment (Closing Loopholes No 2) Bill 2023 (Closing Loopholes (No 2)) was passed by Parliament, legislating additional changes to the Fair Work Act 2009 (FW Act).
Indispensable Human Touch: Mimicry of Human Intelligence by AI Not Creativity
Key Points Copyright and patents only protect works of human creators Machines cannot be authors or inventors, they only simulate human intelligence The scope of protection for AI-derivative works and inventions is nascent
Legal Update on the Decree detailing a number of articles of the Law on Cybersecurity
Years after the promulgation of the Law on Cybersecurity, the long-awaited decree implementing Law on Cybersecurity has finally been introduced.