153 results found

When the sole director and shareholder of a Maltese company dies, a unique governance vacuum emerges that existing legislation fails to adequately address. The Commercial Court's recent decision in Budget Services Limited v X demonstrates how judicial pragmatism can provide temporary relief, but raises critical questions about the need for comprehensive legislative reform to protect orphaned companies from operational paralysis.

Any person who is somewhat familiar with the Maltese remote gaming law regime would know that this requires the licensee to appoint a Key Official. And yet few prospective (or actual) operators would know what this role really entails.

By virtue of the Regulations, the rights of persons entitled under the provisions of the Companies Act to file winding up applications (debenture holders, creditor/s), are being suspended, with effect from the 16th March 2020.

Bill No. 233 proposes various amendments to the Companies Act (chapter 386 of the Laws of Malta).

On 13th May 2020, the Minister for the Economy, Investment and Small Businesses tabled the Companies Act (Amendment) Bill (the "Bill") which proposes certain amendments to the Companies Act, Chapter 386 of the Laws of Malta...

While a Maltese company is owned by the shareholders, it is the Board of Directors (BoD), which run the company and take decisions on certain day to day matters.

As the funds industry seeks refuge under the protective shroud of hardening regulation, the need to reevaluate investment strategy is of heightened priority.

Innovation has long played centre stage in Malta's financial services industry. This is particularly true in the insurance sector which has carved out a reputation for itself...

When one thinks of a company, trading activities and profit-making typically come to mind, with dividends eventually distributed to shareholders.

The stark reality of the COVID-19 pandemic on companies, like natural persons, is not a merry one.

On the 3rd April of 2017, the European Council formally adopted the new Shareholder's Rights Directive, which is a revision of Directive 2007/36/EC as regards the encouragement of long-term shareholder...

Simply allowing a company to survive does not mean it is no longer able to pay its debts as they fall due.

COVID-19 has taken the world by surprise from all aspects of life. Just like scientific research is struggling to catch up with the spread of this virus, the business community is fighting to survive.

Financial entities as defined by DORA are more reliant than ever on Information and Communication Technology (ICT) to manage their operations.

The case Catherine Buhagiar u Frank Buhagiar (the "Plaintiffs") vs. Claudio Caruana u Josephine Caruana għal kull interess li jista' jkollha (the "Defendants") was brought before the Court of Appeal...

Fundamentally, an AML/CFT program should be risk-based. Certain aspects of a financial institution's business will pose greater money laundering risks than others and will require additional controls to mitigate those risks, ...

The EU has built a robust legislative framework to aid its transition into a low carbon economy. A recent addition is the Directive on corporate sustainability due diligence ("CSDDD" or "Directive").