The European Commission has adopted new regulatory technical standards under Solvency II that fundamentally reshape how supervisory authorities identify insurance groups and assess cross-border insurance activities.

The European Securities and Markets Authority (ESMA) has just issued a public statement to promote coordinated action by National Competent Authorities (NCAs), including the Malta Financial Services Authority (MFSA)...

Ships, yachts and all other vessels intending to obtain services in Maltese waters or within ports and harbours must seek prior port clearance.

On 31 March 2020, the European Banking Authority (EBA) has issued a new statement on supervisory reporting and Pillar 3 disclosures in light of COVID-19.

The European Securities and Markets Authority ("ESMA") just published a statement given the increase in trading activity involving retail clients throughout the COVID-19 pandemic.

Earlier this month the Malta Development Bank ("MDB") has launched the EU Commission-approved MDB COVID-19 Guarantee Scheme (the "Guarantee Scheme").

On 10 July 2020, the Companies Act (Public Companies – Annual General Meetings) Regulations (the "Regulations") were published primarily to regulate the situation whereby Annual General Meetings

Family businesses have long been the backbone of Malta's economy, with a number of them dating back generations. This tradition of entrepreneurship has not only contributed significantly to the country's...

The Financial Intelligence Analysis Unit (FIAU) has issued updated Implementing Procedures Part I, introducing significant changes to beneficial ownership identification requirements and employee screening obligations. These amendments affect how subject persons must conduct due diligence on beneficial owners of trusts and legal arrangements, while also modifying the documentation requirements for employee vetting processes.

Recently, the Donations to Voluntary Organisations Rules, 2024 (the "Rules") were published by means of Legal Notice 86 of 2024. The ultimate aim of the Rules is to encourage .

The CBM Directive no. 1 has been amended on the 29 January 2019.

Issue No. 19 of the Banking & Fintech newsletter is now available

Issue no.9 (November 2019) of the Banking & Fintech Newsletter is now available.

On 29th May 2024, the European Securities and Markets Authority ("ESMA") issued a statement relating to the applicable requirements and corresponding good practices for issuers to consider...

In the 2022 Annual Report of the Malta Financial Services Authority ("MFSA"), the Authority referred to the discussions which were being held with the Malta Insurance Management Association...

The Malta Financial Services Authority ("MFSA") has released its Supervisory Priorities for 2024, outlining a change to an outcomes-based approach to supervision.

Sustainable finance refers to the process of taking due account of environmental, social and governance (ESG) considerations when making investment decisions.

Through a circular issued on the 7 January 2022, the MFSA advised that Banking Rules BR/01, BR/12, BR/14, BR/15 and BR/21 had been revised primarily to transpose Directive (EU) ...

Hot on the heels of the orders issued by the Superintendent of Public Health on 13 March 2020 which were discussed here, the Department of Contracts, Malta's central government authority, has issued a circular ...

n a continued effort to ensure that the current situation regarding the COVID-19 outbreak is contained and that contagion is limited as much as possible,...