On the 18th February 2020, the European Council (the ‘EC') adopted a revised list of non-cooperative jurisdictions for tax purposes.

The yachting industry in Malta is an ever-growing sector. At present, there are over 1,000 yachts above 24 metres in length registered under the Malta flag.

The Maltese Government has just announced another measure in response to the COVID-19 pandemic so as to continue to aid businesses survive this crisis.

This evening the Prime Minister Robert Abela announced a third set of measures applicable retrospectively from 9 March 2020 in order to aid businesses affected by the COVID-19 pandemic.

Earlier today, Economy Minister Silvio Schembri and the CEO of Malta Enterprise Kurt Farrugia, addressed a press-conference to provide further information ...

By means of the Moratorium on Credit Facilities in Exceptional Circumstances Regulations, 2020 (Legal Notice 142 of 2020) (the ‘Regulations'), and with the aim of mitigating the serious disturbance to the Maltese economy.

In light of the Coronavirus (COVID-19) pandemic, the Merchant Shipping Directorate within Transport Malta...

The European Central Bank (ECB) announced (click to view the content) a temporary reduction in capital requirements for market risk, by allowing banks to adjust the supervisory component of these requirements.

As mandated in terms of Article 20(13) of the Prospectus Regulation (the ‘Regulation'), on the 21 July 2022, ESMA published its peer review of the...

On the 13th of May 2019, the Malta Financial Services Authority (MFSA) issued two consultation documents on the implementation of national product intervention measures in relation with Binary Options

On the 17th May, the Malta Financial services (MFSA) issued a document containing a number of frequently asked questions on the implications of a hard Brexit on the local asset management industry.

The MFSA has issued a Corporate Governance Code for authorised entities following a consultation process which commenced in 2020.

On May 7, 2019 the MFSA has launched a new technological tool intended to significantly change how the Authority processes prudential and financial information submitted by banks.

The government has issued amendments to the Malta Residence & Visa Programme which have consequently entered into force after the official publication of the amendments in the Government Gazette No. 20,056 of the year 2018.

In August 2015, the Maltese Government introduced changes to Chapter 217 of the Laws of Malta, permitting foreign investors to obtain a Permanent Residence permit in Malta. This is done by means of investing in...

On the 23rd December, the Sanctions Monitoring Board (‘SMB') issued two guidance notes on the applicability of screening obligations against sanctions and adverse media.

In view of the recent legislative efforts in regulating Virtual Financial Assets and the underlying technology of Distributed Ledger Technology, and in recognising the fact that they retain characteristics ...

The Financial Intelligence Analysis Unit (‘FIAU') has, on the 3rd February 2020, issued Part II of its Implementing Procedures as applicable to the Virtual Financial Assets (‘VFA') sector.

In December 2021, the European Maritime Safety Agency carried out a detailed assessment of the training and certification system in place in the Philippines for seafarers...

In addition to the previous measures implemented by the Merchant Shipping Directorate (Directorate), which were introduced to combat the negative effects that the outbreak of the Coronavirus (COVID-19) pandemic has already had on the shipping industry.