42 results found

Following an early repayment of their loans, the consumers had assigned to Lexitor, a company governed by Polish law, their claims against the banks relating to the early repayment of the loans.

In a much-anticipated opinion, the European Banking Authority (EBA) has addressed one of the most pressing regulatory questions...

On 22 April 2020, the Malta Competition and Consumer Affairs Authority (the "MCCAA") published a consultation regarding a Bill to amend the Consumer Affairs Act.

On 25 June 2023, the Maltese law transposing the Representative Actions Directive came into force.

On 9 February 2023, the Court of Justice of the European Union ("CJEU"), in delivering a ruling in the case of UniCredit Bank Austria AG vs. Verein für Konsumenteninformation (Case C-555/21), considered the provisions on reduction of costs in the event of early repayment.

Advancements in the world of fintech have fundamentally reshaped consumer behaviour through the rise of flexible payment methods, driven by surging technological developments.

The Council presidency and the European Parliament arrived at a provisional agreement on the Markets in Crypto-Assets (MiCA) proposal in June 2022.

The Court of Justice of the European Union (the "CJEU") assessed the right of withdrawal from a contract concluded off-premises available to consumers in its preliminary ruling delivered...

On the 7 January 2020, Directive 2019/2161 of the European Parliament and of the Council as regards the better enforcement and modernisation of Union consumer protection ...

The national legal framework applicable to banks and financial institutions offering consumer lending products, including personal loans, overdrafts and credit cards, is being revised as detailed by the MFSA...

On 2nd June 2022, the European Court of Justice (the "ECJ") delivered a preliminary ruling concerning the Convention for the Unification of Certain Rules for International Carriage by Air, concluded in Montreal on 28 May 1999, ...

On 7 April 2022, the CJEU, in delivering a ruling in the case of Fuhrmann-2-GmbH v. B., adopted a consumer friendly approach by clarifying that for consumers to be validly bound by an electronically formed contract, ...

The Malta Financial Services Authority (MFSA) has released its 2024 Annual Report, and the implications for businesses operating in Malta's financial services sector are significant.

The case originated from a 1988 preliminary sale agreement containing a penalty clause allowing the vendor to retain an advance payment of approximately €72,870 if the purchasers failed to conclude the final contract

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 practical stakes were considerable. If Rome II applied, Article 4(1) would designate the law of the place where the damage occurred — which, for online gambling losses, would normally be the habitual residence of the consumer.

The Malta Financial Services Authority (‘MFSA') has issued a Consultation Paper on Security Tokens Offering ("STOs") which aims to provide legal certainty for STOs.