MFSA issues finalised Conduct of Business Rulebook for banks
On 28 February 2025, the MFSA published a Conduct of Business Rulebook (the “Rulebook”) for credit institutions offering retail products and services with the aim of enhancing consumer protection in the banking sector. The Rulebook was accompanied by the publication of a Feedback Statement which outlines the salient changes implemented by the MFSA to the …
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COMMON FINANCIAL MISTAKES TO AVOID DURING AND POST DIVORCE
The fear of starting all over again and all the financial worry that can bring with it can understandably have a profound effect on many people going through divorce or separation.
JOURNALISTS CAN NOW REPORT ON FAMILY LAW CASES IN COURT – IS THIS GOOD OR BAD?
In a milestone development, accredited journalists can report in family law courts on cases which decide the future and wellbeing of children whose parents are divorcing. They can also report on cases which determine if children should be taken into care.
WHY ITS VITAL TO INCLUDE PENSIONS IN YOUR DIVORCE SETTLEMENT
As I receive an increase in the volume of divorce enquiries after the challenges of the festive season, I cannot emphasise enough the critical role that pensions play in financial settlements.
HOLIDAY COUNTDOWN HOW CO PARENTS CAN BEST MANAGE SCHOOL HOLIDAYS
Organising school holidays can test even the most robust relationships as parents juggle work commitments with a myriad of children’s activities. Busy schedules also have to be rejigged at short notice when the unexpected happens, such as children falling ill.
A new era of maritime excellence: Unlocking new opportunities for growth
As the maritime sector continues to evolve, innovative financial instruments are emerging to facilitate investment and secure maritime transactions. Among these, the finance charter instrument introduced by Act No. I of 2025 (the “Act”) stands out for its potential to reshape ship financing.
A new era of maritime excellence: Clarifying lease structures
Act No. I of 2025 (the “Act”) builds upon key principles from the Maltese Civil Code, Chapter 16 of the Laws of Malta (the “Civil Code”), integrating its lease concept into maritime legislation, however a clear distinction must be made between a finance and a bareboat charterer.
A new era of maritime excellence: Chartering the future
Act No. I of 2025 (the “Act”) introduces the finance charter instrument as a legal mechanism to secure lessors’ rights in ship financing. This article analyses the newly available security instruments, particularly the financial charter instrument.
Lessons from the Bayesian Yacht Incident: Has the time come for pleasure yachts to face more stringent regulation?
The tragic sinking of the British-flagged Bayesian yacht off the coast of Sicily, which resulted in the loss of seven lives, has sparked debates on the adequacy of safety regulations for pleasure yachts compared to their commercial counterparts. The incident underscores disparities in the regulatory frameworks governing these categories of yachts, raising questions about whether …
A new era of maritime excellence: Proposed amendments to the Merchant Shipping Act
The purpose of this article is to highlight key reforms introduced in Act No. I of 2025 (the “Act”), aimed at strengthening Malta’s maritime sector.