ArticleMaltese Government Launches The Third Financial PackageThe Prime Minister announces the third financial package to help the Maltese economy during the COVID-19 outbreak. MaltaCoronavirus (COVID-19)KPMG Malta
ArticleMFSA Announces Extensions In Reporting And Disclosure Deadlines Due To COVID-19 OutbreakIn response to the challenging conditions which are being faced by the financial services sector as a result of the COVID-19 outbreak, the Malta Financial Services Authority ("MFSA") has...MaltaCoronavirus (COVID-19)Mamo TCV Advocates
ArticleNew COVID-19 Regulations On Moratoria Measures On Credit FacilitiesIn light of the COVID-19 outbreak, the Government of Malta issued on the 13th April 2020, the Moratorium on Credit Facilities in Exceptional Circumstances Regulations (the "Regulations") through Legal Notice 142 of 2020.MaltaCoronavirus (COVID-19)Ganado Advocates
ArticleEU Commission Extends The State Aid Temporary Framework FurtherThis amendment to the Temporary Framework gives flexibility to Member States to provide recapitalisations and subordinated debt to companies in need. MaltaCoronavirus (COVID-19)KPMG Malta
ArticleSustainability Amidst COVID-19 Recovery: Building ResilienceAs efforts to tackle the pressing threats posed by climate change intensify, so has the pressure on financiers and investors to contribute to the solution.MaltaCoronavirus (COVID-19)Camilleri Preziosi
ArticleHow Will The Regulators Be Assessing COVID-19 Contingency Plans?The ‘live' compliance matters such as Liquidity ratios, reserve levels, liability statistics, etc are given utmost attention. MaltaCoronavirus (COVID-19)GTG Legal
ArticleMFSA Extends Regulatory Reporting Deadlines For Investment Firms, Funds And ManagersIn light of the current pandemic in which we find ourselves, the MFSA has announced that it will be extending the deadlines for submission of regulatory reporting for investment firms, investment funds and fund managers...MaltaFinance and BankingMamo TCV Advocates
ArticleBusiness Measures During Covid-19Following the press conference by the Prime Minister of Malta, the Minister of Finance, and the Minister for Economy Investment and Small business on the 18th March 2020, MaltaCoronavirus (COVID-19)Finance Malta
ArticleCoronavirus Update: Europe's Budgetary ResponsesRecognising the serious implications of the growing threat of COVID-19, the European Commission has on 13 March 2020 launched a series of proposed MaltaFinance and BankingWH Partners
ArticleThe Government Of Malta Presents The 2nd Financial Aid MeasuresPersons with a disability who work in the private sector and opt to stay at home due to their being vulnerable to COVID-19 will also receive €800 per month.MaltaCoronavirus (COVID-19)CSB Group
ArticleCOVID-19 Update – State Aid And The COVID -19 Pandemic"State aid" is a form of an advantage given to an undertaking by a national public authority. European UnionAntitrust/Competition LawMamo TCV Advocates
ArticleCOVID-19 Updates: MFSA Publishes Updates For Licensed EntitiesThe MFSA has published guidance and regulatory updates on the COVID-19 outbreak and its effects on the financial services sector. This is piece forms part of a series of COVID-19 updates published by our firm...MaltaCoronavirus (COVID-19)WH Partners
ArticleBOV Registers €13.8 Million Profit For The First Six Months Of 2020The Group's profits have been impacted by the economic downturn caused by the COVID-19 pandemic – BOV remains committed to support its customers ...MaltaFinance and BankingFinance Malta
ArticleESMA Risk Assessment Update In Light Of COVID-19On the 2 April 2020, the European Securities and Markets Authority (ESMA) updated its risk assessment to account for the impact of COVID-19.MaltaFinance and BankingGanado Advocates
ArticleCOVID-19: Should Malta Temporarily Relax Insolvency Legislation?The stark reality of the COVID-19 pandemic on companies, like natural persons, is not a merry one. MaltaCoronavirus (COVID-19)Fenech & Fenech Advocates
ArticleCOVID-19: European Central Bank (ECB) Announces €750 Billion Pandemic Emergency Purchase Programme ("PEPP")Given the market volatility of the past week or so, the US Federal Reserve recently announced that it would be slashing interest rates to near zero levels - which is as low as it can be without going negative.MaltaCorporate/Commercial LawGanado Advocates
ArticleESMA Issues A Public Statement Regarding Implications Of The COVID-19 Outbreak On Half-Yearly Financial ReportsThe European Securities and Markets Authority has issued a public statement to promote transparency and consistency in the information provided in half-yearly financial reports under the present circumstances.MaltaCoronavirus (COVID-19)Ganado Advocates
ArticleImpact Of COVID-19 On Malta's Insolvency Rules: A Case For An Ex Ante ApproachSimply allowing a company to survive does not mean it is no longer able to pay its debts as they fall due.MaltaInsolvency/Bankruptcy/Re-StructuringGanado Advocates
ArticleCOVID-19 Wage Supplement Deadline For New Applications Is 19 June 2020 COVID-19/EMPLOYMENT/FINANCIAL SERVICES/NEWS COVID-19 Wage Supplement deadline for new Applications is 19 June 2020 Malta Enterprise has issued an announcement on its website stating that the deadline for registering new applications for the COVID-19 Wage Supplement is tomorrow, 19 June 2020.MaltaCoronavirus (COVID-19)Fenech & Fenech Advocates
ArticleCross-border Payments In The EU And Currency Conversion Charges: The Revised Cross-Border Regulation ("CBPR2") And The National Authorities' Flexibility In Enforcing The Currency Conversion Transparency Requirements Due To The COVID-19 CrisisJust under two decades ago, the European Parliament issued a Regulation on cross-border payments geared towards facilitating cross-border trade within the Union by ensuring that cross-border payment charges...European UnionCoronavirus (COVID-19)Ganado Advocates