ESMA and EBA issue Inaugural Consultation Packages under MICA
Introduction The Markets in Crypto-assets Regulation (MiCA), the first European framework for cryptoassets, was published in the Official Journal on 9 June 2023 and entered into force on 29 June 2023.
CJEU paves the way for the General Court to re-assess the effect of the acquisition of O2 by Three
In a judgement delivered by the Court of Justice of the European Union (the “CJEU” or the “Court”) on the 13 July 2023, in the case of Commission vs CK Telecoms UK Investments Ltd (“CK Telecoms”),
CJEU clarifies legal consequences of invalid loan agreement due to unfair terms
Summary On 27 April 2023, the Court of Justice of the European Union (“CJEU”), in delivering a ruling in the case of MJ vs. AxFina Hungary Zrt. (Case C-705/21),
Damages: Fishing vessel gutted by fire
The First Hall, Civil Court, presided by Mr Justice Francesco Depasquale, on the 6 June 2023, in the case “Emanuel Sant (Mary Sant succeeded the acts in this case on the death of her husband) vs Andrew Schembri and Christopher Sant personally and in representation of Sea Star Cruises Company Limited” held, among other things,
EU Member State’s Foreign Investment Screening Framework under the CJEU’s Lens
On the 13 July, 2023, the Court of Justice of the European Union (“CJEU”), delivered a ruling in the case of Xella Magyarország Építőanyagipari Kft. v. Innovációs és Technológiai Miniszter, that has shaped the way Regulation (EU) 2019/452 on Foreign Direct Investment (the “EU FDI Regulation”) is to be interpreted.
MFSA publishes observations from inspections with issuers
On 9 August 2023, the Malta Financial Services Authority (“MFSA”) published a circular with its observations following numerous market abuse-related supervisory inspections which it has been carrying out with Maltese issuers since 2018.
Malta M&A Watch: Regulation of Foreign Subsidies – Impact on M&A Transactions
With the Foreign Subsidies Regulation (Regulation (EU) 2022/2560 of the European Parliament and of the Council of 14 December 2022 on foreign subsidies distorting the internal market) (the “FSR”)[1] and the Commission Implementing Regulation (EU) 2023/1441 (the “Implementing Rules”) having now entered into force,
Malta: a state-of-the-art regulatory framework for cryptocurrencies
Cryptocurrencies have transformed finance, created investor opportunities, and disrupted traditional institutions.
Proposals for an improved European Banking Union framework – Part II
In the first part of this article, we dealt briefly with the European Commission’s proposals to further strengthen and ensure the proper application of the existing common framework for managing bank failures,
Proposals for an improved European Banking Union framework – Part I
Following the global financial crisis of 2008 – 2009, the European Union embarked on a journey towards achieving a Banking Union for Eurozone countries,