June 2021

MFSA releases ‘Risk Culture & Risk Appetite’ Statements

by , on Jun 30, 2021 02:34:09 PM

On the 6th of January 2020, the Malta Financial Services Authority (MFSA) has published Risk Culture and Risk Appetite Statements to enhance its risk-focused mindset for supervisory and operational activities.  MFSA's...

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Fitch affirms Malta’s ‘A+’ rating

by , on Jun 30, 2021 02:33:23 PM

Malta's latest credit rating report issued by Fitch affirmed Malta’s rating at ‘A+’ with a positive outlook. This reflects that Malta's institutions are stronger than the majority of similarly rated...

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Warnings in relation to COVID-19 Situation

by , on Jun 30, 2021 02:24:56 PM

Reactions to COVID-19 from local and European authorities Hereunder we have noted the various warnings being issued in relation to the COVID-19 situation. Focus has been shifted to the effects...

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Extension of REQ Deadline for Subject Persons

by , on Jun 30, 2021 02:22:56 PM

The Financial Intelligence Analysis Unit (‘FIAU’) has issued a notice to Subject Persons on the 16th March 2020 regarding measures taken in light of the COVID-19 pandemic. The REQ deadline has...

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New Legal Services Website

by , on Jun 30, 2021 02:20:08 PM

The Legal Services branch of the justiceservices website has been transferred to a new website legislation.mt. The current justiceservices website will be phased out and will no longer be updated as...

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Transport Malta issues Port Notices in relation to COVID-19

by , on Jun 30, 2021 02:19:24 PM

The Ports and Yachting Directorate within Transport Malta, the Authority for Transport in Malta, has recently issued three Port Notices addressed to stakeholders with regard to the outbreak of COVID-19....

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Court Updates – Appointment of Chief Justice & Waiver of Court Fees

by , on Jun 30, 2021 02:18:28 PM

Appointment of Chief Justice Mark Chetcuti Mr Justice Mark Chetcuti has taken his oath of office as Chief Justice on Wednesday 8th April following an unprecedented unanimous approval by Parliament. The...

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Companies Act (Public Companies – AGM) Regulations 2020

by , on Jun 30, 2021 02:16:46 PM

The Companies Act (Public Companies – Annual General Meetings) Regulations, 2020 have been introduced by virtue of Legal Notice 288 of 2020. The Regulations are applicable to all public companies,...

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FIAU publishes Update: January to July 2020

by , on Jun 30, 2021 02:16:02 PM

The Financial Intelligence Analysis Unit (‘FIAU’) has published an update on its achievements between January and July of 2020, as well as its targets for the coming months. The salient...

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Scheme Launched for Extension of Commercial Government Leases

by , on Jun 30, 2021 02:15:04 PM

In a press conference on Thursday 17th September 2020, Minister for Transport, Infrastructure and Capital Projects Ian Borg and Parliamentary Secretary for Lands and Construction Chris Agius announced a new...

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