As part of its new Capital Markets Union Action Plan of September 2020 on 19 November 2021, the European Commission published a consultation document seeking general views on a proposed listing act...

For the last 2 years, the Malta Stock Exchange (MSE) has invested in increasing its international connectivity to boost both of its main lines of business - the Admission to Listing and subsequent trading business and its Central Securities Depository (CSD) which also forms part of the core Exchange operations.

As part of the reforms introduced by the EU Listing Act ("Listing Act"), important amendments have been made to article 17 of the Market Abuse Regulation ("MAR"), specifically in relation to (a) the disclosure of inside information during "protracted processes", and (b) the delay of disclosure of inside information.

As reported in an earlier Capital Markets Update on 6 January 2021, the Listing Authority updated the Listing Rules, specifically the Definitions Section...

Before the coming into force of the substantive provisions of the so-called Short Selling Regulation on the 1st of November 2012, Malta did not have any rules restricting short selling or requiring disclosure of short positions.

Two key Level 2 measures implementing the Listing Act reforms to the EU Market Abuse Regulation were published in the Official Journal of the European Union on 16 July 2026. These delegated regulations address critical aspects of inside information disclosure, closed period trading permissions, and indicators of market manipulation, with practical implications for issuers and market participants across EU capital markets.

The European Commission has published new delegated regulations amending the EU prospectus disclosure regime, introducing streamlined content requirements and standardized formats for various categories of prospectuses. These reforms, part of the broader EU Listing Act package, aim to reduce regulatory burdens for issuers while maintaining investor protection, with key changes including reduced historical financial information requirements and simplified disclosure obligations.

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.

Further to the Circular on Timing of regulatory reporting due to the outbreak of COVID-19 which was issued by the MFSA on 20 March 2020 to outline the applicable extensions for each sector

Under Maltese law, collective investment schemes that qualify as Professional Investor Funds are subject to a significantly lighter and more flexible regime than retail funds.