Mergers And Acquisitions Q&A Format

1 Relevant Authorities and Legislation

1.1 What regulates M&A?

The Companies Act (Chapter 386 of the Laws of Malta), the general law of Obligations governing contracts contained in the Maltese Civil Code (Cap 16 of the Laws of Malta) and the Listing Rules promulgated by the Listing Authority are the cornerstones of M&A regulation in Malta.

The financial services industry is regulated further by a number of legislative instruments, amongst which is The Financial Markets Act (Cap 345 of the Laws of Malta) ("FMA"), which makes provision for the designation of recognised stock exchanges and their regulation, the setting up of the Listing Authority that deals with the official admissibility of securities to listing on recognised stock exchanges, and the regulatory powers of the Listing Authority. The Listing Authority forms part of the single financial services regulator known as the Malta Financial Services Authority, the consolidated regulator for the securities