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
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.
Market Abuse: Zip Your Lip!
In March 2022, the European Court of Justice (ECJ) gave a preliminary ruling[1] in yet another case about the unlawful disclosure of inside information – this time by a journalist (Mr A) who informed some sources about a story he was going to publish in a prominent British newspaper regarding two takeover bids which were …
Tiktok’s request for suspension of “Gatekeeper” status under Digital Markets Act dismissed by EU General Court
On 9 February 2024, the General Court of the European Union (the “GC”) rejected the application issued by Bytedance Ltd – TikTok’s parent company (the “Applicant”) – for interim measures vis-à-vis the EU Commission’s challenged decision to designate it as a “Gatekeeper” under the Digital Markets Act (the “Decision”).
Strengthening Cyber Resilience: ICT Third-Party Risk for Insurers under DORA
In the digital age, insurance companies are not only guardians of financial protection but also stewards of sensitive customer data.
Insurance update: The Nature and Art of Financial Supervision (Volume IX)
The 1st February 2024 marked the publication by the Malta Financial Services Authority (“MFSAs”) of its 9th volume from its series on ‘The Nature and Art of Financial Supervision’.
Sustainable Finance- Whats in store for 2024
Now that the Christmas turkey has been consumed and digested, and the leftover chocolate logs have been reduced to their very last slice, the time is ripe to turn our attention (however begrudgingly!) to the year ahead.
Changing the terms of a credit agreement and forbearance policies and measures new obligations on lenders in consumer and residential property credit agreements
Amendments to the Consumer Credit Regulations, S.L. 378.12 (the “Consumer Credit Regulations”) and to the Credit Agreements for Consumers Relating to Residential Immovable Property,