The MFSA has, on 21 May 2024, issued a consultation on the revised Chapter 3 of the Financial Institutions Rulebook (‘FIR/03') which will be applicable to both payment institutions and electronic money institutions once finalised.

On 15 November 2019, the Public Procurement Regulations (Subsidiary Legislation 174.014 of the Laws of Malta) were amended (by means of L.N. 301 of 2019) ...

On the 2 February 2021, the Financial Intelligence Analysis Unit (FIAU) issued an interpretative note aimed to those persons carrying on insurance intermediary activities.

These changes will take effect on 1 July 2019, and the relevant legal notices can be found below.

Guidelines for the implementation of the EU Council Directive 2014/107/EU of 9 December 2014 amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation...

On the 5th of August 2019, the European Banking Authority (EBA) has expressed its support to the European Commission's implementation of the Basel III framework

Malta has lately garnered an even faster momentum in pushing forward its status as Blockchain Island.

The Malta Flag Administration has recently published a "Technical Notice to Ship Owners, Ship Operators, Managers, Masters, Owners' Representatives and Recognised Organisations" revisiting the procedure that is to be followed when filing International Safety Management (ISM) declaration forms at the Malta Registry of Ships.

Following its decision on the 19 December 2017, the European Commission conditionally endorsed the Maltese tonnage tax scheme under the EU's State aid rules for a period of ten years.

Merchant Shipping Notice 160 was issued by the Malta Flag Administration on 3 April 2020 and was addressed to Shipowners, Ship Operators, Managers, Masters, Owners' Representatives, and...

The Merchant Shipping Directorate has recently published Merchant Shipping Notice 126, drawing attention to the establishment of three emission control areas in the People's Republic of China, effective as from 1st January 2016.

The Merchant Shipping Directorate wishes to draw the attention of all concerned to the Technical Notice SLS 2 Rev.2 – Periodic Servicing of lifeboats, liferafts and rescue boats, launching appliances and release gear.

Apart from commercial vessels, the Maltese flag is also managing to attract niche markets such as cruise liners.

Amendments to the Merchant Shipping (Maritime Labour Convention) Rules (Legal Notice 145 of 2013) will transpose the 2014 Amendments to the Code of the Maritime Labour Convention issued by the ILO.

The Russian sanctions imposed as a result of the ongoing conflict in Ukraine have had a significant impact on various industries, and yachting has certainly not been spared.

EIOPA: supervisory convergence plan for 2023

The Malta Flag Administration has published its much-awaited Passenger Yacht Code (PYC). This followed a long process of prior consultation with industry stakeholders that the flag administration...

With a maritime culture and industry steeped in history, an ever growing global maritime presence and its upcoming tenure of the presidency of the Council of the European Union in January 2017...

EIPOA Supervisory Statement on differential pricing practices in non-life insurance lines of business; Implementing Regulations on ITS on supervisory reporting and disclosure under Solvency II published...

In its latest circular, the MFSA highlights the launch of a dry run ad hoc exercise by the European Supervisory Authorities (ESAs) and participating competent...