Earlier this year, the EU Commission tabled a Proposal of the European Parliament and Council on the Artificial Intelligence Act (“Proposal” or the “Act”) a brief summary of which can be accessed through our website. The Proposal was recently scrutinised by the...
The Maltese Shipping Registry, has qualified into the 14th place in the prestigious Paris Memorandum of Understanding on Port State Control ( Paris MoU ), whilst also retaining its place as Europe’s top registry and the sixth best registry in the world. The Paris MoU...
Please note that Tuesday 29th June is a Public Holiday and our offices will therefore be closed. We would ask you to kindly copy any urgent enquiries to [email protected] We will resume our normal operations on Wednesday 30th June.
The Office of the Information and Data Protection Commissioner (the “IDPC”) has recently issued a guidance document (“Guidance Document”) addressed to employers based in Malta, acting as data Controllers 1In accordance with the GDPR, the Data Controller is a natural...
MONEYVAL’s Enhanced Follow-up Report on Malta has just been published. Following the request in 2019 for Malta to report to MONEYVAL under the enhanced follow-up procedure, this report has now confirmed that Malta has applied improved measures to combat money...
Following a series of constitutional cases involving the Financial Intelligence and Analysis Unit (“FIAU”) whereby subject persons were alleging that the fines being imposed were disproportionate, the Prevention of Money Laundering and Funding of Terrorism Regulation,...
Following various policy papers and guidelines published by high-level working groups on Artificial Intelligence (“AI”), on the 21st of April 2021 the European Commission issued a set of proposals for the introduction of harmonised rules on artificial intelligence...
The Malta Merchant Shipping Directorate has announced the entry into force of the Passenger Yacht Code (PYC), with effect from the 25th of May 2021. It is widely recognised that when considering the operational pattern and risk profile of commercial yachts, the...
Senior Partner of the law firm Dr. Christian Farrugia, who is also the Chairman and non-executive director of Merkanti Bank Limited, will be participating as a guest speaker at a webinar titled ”Regulatory Expectations of Bank Boards” which is being organised by the...
The unpredictability of COVID-19 has put many business owners and employees on edge. Notwithstanding the financial aid which has been made available to employers and employees in hopes of easing their financial burdens, the looming thought that employers might not be...
Following the successful introduction and implementation of the Non-Convention Vessel (NCV) Code, and after following feedback and consultation with all stakeholders and interested parties, the Malta Merchant Shipping Directorate has announced that this NCV Code has...
An interesting hallmark of the Maltese trust system is the flexibility afforded to trustees and other interested parties in handling situations which are best not left entirely to the discretion of the trustee. In this article, DR TONIO FENECH, Partner at Fenech...
