The preventive effect acts as a deterrent, using the fear of punishment to discourage crime. It works on two levels: general prevention, which restrains society from committing crimes, and specific prevention...

On the 20th February, 2015 Act No. III of 2015 was published making various amendments to the PMLA (Cap. 373 of the Laws of Malta) (as well as, to a lesser extent, to the Criminal Code and to the Professional Secrecy Act).

On the 5th of November 2024, the European Council approved a set of measures designed to modernise the EU's value-added tax (VAT) framework for the digital era. The legislative package includes new regulations.

The EU's unwavering commitment to comprehensively combat threats posed by Money Laundering (and funding of Terrorism) across the Union has been further strengthened by the 6th Anti-Money Laundering Directive ...

Malta’s commitment to the fight against money laundering and the funding of terrorism is firmly rooted in the country’s interest in safeguarding its role as a reputable financial services centre, and buttressed by the country’s status as a full member of the European Union and signatory to the main international multilateral treaties intended to tackle the affliction of money laundering in the world’s financial markets.

In this article, Diane Bugeja, Senior Associate, and Peter Mizzi, Compliance and AML Advisor at Camilleri Preziosi Advocates, assess the upcoming thorough and sweeping changes to be made at EU level...

This overview is provided by Ganado, the Lex Mundi member firm for Malta.

Malta has been proactive in the implementation and development of its national data protection legal framework and is fully compliant with EU standards and best practice.