News & Insights

April 14, 2024
The Regulation of Digital Markets by the European Commission

The Digital Markets Act or DMA as it is colloquially termed incorporates a novel set of guidelines issued by the European Commission with the primary aim of regulating and keeping gatekeepers in check and ensuring that there is a fair playing ground across the internet. The Act, which complements already existing EU Competition rules aims […]

March 13, 2024
The EU AI Act: Political Agreement reached on EU Artificial Intelligence Act

In its recent addition to its digital strategy, the European Parliament and Council have reached a political agreement and introduced the Artificial Intelligence Act, alternatively termed the ‘AI Act’. As a law, it is quite extensive, making it the first of its kind.  Several months of negotiation between the European Parliament and the Council followed […]

March 7, 2024
Trademark Issues Poured onto the Maltese Courts

Tazza Te’, a Hamrun-based café, sought to the Courts for redress after having its trademark application rejected by the Maltese Trademark Comptroller in October 2022, on the basis of likelihood of confusion with the mark ‘Te fit-Tazza’¸ a design company.  In early February of this year, the Court of Appeal ruled in favour of appellant […]

March 4, 2024
Digitalise your Business Grant Scheme

Launched on the 1st of January 2024, the Digitalize your Business Scheme (‘Scheme’) is open to micro, small, medium-sized and large enterprises who are engaged in economic activity. The scheme allows such enterprises to digitalise their operations by offering them non-repayable grants which contribute to the financing of their investments. It is important to note […]

February 29, 2024
Europe’s latest Anti-Money Laundering (AML) Regulation and Directive

Following the agreement reached by the European Council and the Parliament last January on parts of the AML package that aims to safeguard both EU citizens and the EU’s financial system against money laundering and terrorist financing, the full text of Europe’s new Anti-Money Laundering (AML) Regulation and Directive has been released. The Commission has […]

February 27, 2024
The EU’s New Legislation to protect Consumers from Misleading Green Claims

After the recent approval of this directive in parliament, the European Council has declared the adoption of a directive focused on protecting consumers from misleading claims in relation to environmental or “green” products and services. The scope of this legislation is to address the growing concern over misleading claims made by companies, commonly referred to […]

February 15, 2024
Malta’s new reduced VAT rate on short term boat charters

The amendment to the Eighth Schedule of the VAT Act (Chapter 406, Laws of Malta), effective from 1st of January 2024, reduced the VAT Rate for pleasure boat rentals from 18% to 12%. To clarify these amendments and the way in which they are to be applied, the Commissioner for Tax and Customs has released […]

December 7, 2023
Introducing the latest Employment Agencies Regulations of 2023

The newly introduced Employment Agencies Regulations (L.N. 270 of 2023), issued on the 23rd of November 2023, shall come into force on 1st April 2024, concurrently nullifying the previous Employment Agencies Regulations (S.L. 594.18). These Regulations establish a framework to regulate previously unregulated services by employment agencies. Who is affected? Agencies engaged in recruitment, labour […]

November 22, 2023
Micro Invest Scheme

Micro Invest, led by the Malta Enterprise, is a tax credit scheme aimed at aiding small businesses or start-ups to invest in their operations by offering them financial incentives.

November 21, 2023
MFSA update on the Corporate Governance Manual for Directors of Collective Investment Schemes

The Malta Financial Services Authority (the “MFSA”) has undertaken a significant initiative to enhance the governance, conduct and culture in the financial services sector by issuing an updated version of the Corporate Governance Manual

November 14, 2023
Malta Budget 2024

On 30th of October 2023, Hon. Clyde Caruana, the Minister for Finance and Employment presented The Malta Budget 2024.

November 13, 2023
The Stella Maris Band Club Eviction Highlights An Unconstitutional Amendment To The Civil Code

The right to enjoy one’s property is enshrined in the European Convention on Human Rights and Property Rights. This right is continually being challenged through actions taken by landlords, tenants

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