170 results found

On 31 March 2020, the European Securities and Markets Authority ("ESMA") issued a public statement clarifying issues regarding the publication...

Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market ...

On the 2 April 2020, the European Securities and Markets Authority (ESMA) updated its risk assessment to account for the impact of COVID-19.

The European Securities and Markets Authority announced the issue of an Opinion entitled "MiFID practices for firms selling complex financial products".

On 19th February 2026, the European Securities and Markets Authority ("ESMA") published a consultation paper proposing amendments to its Guidelines on the delay in the disclosure...

The European Securities and Markets Authority has endorsed proposed amendments to regulatory technical standards that will significantly streamline reporting requirements for share buy-back programmes under the Market Abuse Regulation. These changes will allow Maltese issuers to report transactions on an aggregate basis only, eliminating the need for individual transaction reporting to both competent authorities and the public. The amendments represent a substantial reduction in regulatory burden and will r

The Malta Financial Services Authority ("MFSA") has issued a circular announcing targeted amendments to Chapters 5 and 11 of the Capital Markets Rules ("CMRs"). Two developments stand out...

The Malta Financial Services Authority has issued new guidance on two Commission Delegated Regulations that significantly expand and refine the operational framework of the Market Abuse Regulation. These amendments introduce broader trading permissions for persons discharging managerial responsibilities, enhanced indicators for detecting market manipulation, and clearer protocols for disclosing inside information during protracted processes.

The Malta Financial Services Authority has launched a public consultation on integrating distributed ledger technology within its financial services framework, marking a significant step toward enabling tokenisation of financial instruments and real-world assets. This initiative aligns with international developments including the EU's DLT Pilot Regime and aims to enhance market efficiency, transparency, and accessibility while addressing regulatory considerations and operational challenges.

Blockchain technology is poised to transform many industries. Several new initiatives, such as Clovyr, focus on dApp or decentralised applications.

On 28 October 2020, the European Securities and Markets Authority (ESMA) issued its annual Public Statement defining the European common enforcement priorities for 2020 annual financial reports (AFRs) ...

The European Securities and Markets Authority (ESMA) has launched a consultation on amendments to its guidelines on the delayed disclosure of inside information under the Market Abuse Regulation (MAR), ...

The European Securities and Markets Authority ("ESMA"), the EU's financial markets regulator and supervisor, has today released its final reports on the Prospectus Regulation and on civil prospectus liability.

These include repurchase transactions, securities or commodities lending and securities or commodities borrowing, a buy-sell back transaction or sell-buy back transactions.

Malta's capital markets are seeing increased share buy-back activity, but regulatory frameworks designed for large liquid exchanges create significant obstacles for small markets. Can local regulators establish accepted market practices that balance market integrity with the practical realities of supporting liquidity in a small jurisdiction?

Whilst the Maltese Companies Act (Chapter 386, Laws of Malta) (the "Act") provides the general legal framework for the creation and operation of public companies, listed companies are also subject to the Listing Rules (the "Listing Rules") issued by the Listing Authority in virtue of powers granted by Articles 11 and 13 of the Financial Markets Act (Cap.345 of the Laws of Malta).

An investor intending to acquire listed financial instruments traded on, or to otherwise hold securities in the custody of the Exchange, is assigned a unique Malta Stock Exchange Account Number within the Central Securities Depository.

The draft law 7825 which amended the law of 22 March 2004 on securitisation was adopted on the 9th February 2022 by the Luxembourg Parliament and the amendments to the Securitisation Law is now effective.