The new Temporary Agency Workers Regulations (S.L. 452.133) (the “Regulations”) were published on June 4, 2024, and will enter into force on 1 January 2025. The Regulations seek to ensure equal treatment for temporary agency workers in Malta and will replace the current regulations. The Regulations apply to both ‘temporary work agencies’ and newly defined...
Through the issuance of Commercial Yachting Notice 12 on 20 March 2024, the Merchant Shipping Directorate within Transport Malta introduced a tailor-made code for small commercial yachts registered under the Malta flag; the Small Commercial Yacht Code (sCYC). The development of this Code is testament to the importance of the smaller commercial yacht sector and...
The MFSA is proposing the introduction of a framework for Collective Investment Scheme (‘CISs’) structured as Limited Partnerships (‘LPs’) without separate legal personality into Maltese law, referred to as the Limited Partnership Funds (‘LPF’) framework, and has commenced a consultation process in this respect. The framework will be governed by a new regulation issued under the Investment...
Following the publication of Legal Notice 231 of 2023 last October, a reduced VAT rate of 12% became applicable in relation to the hiring of pleasure yachts, effective 1 January 2024. The Malta Tax and Customs Administration (MTCA) has recently issued comprehensive guidelines in this regard in order for stakeholders to better understand the implementation...
At the recent International Bar Association’s 12th European Corporate and Private M&A Conference, David Zahra & Associates gained valuable insights into the evolving dynamics of the global M&A market, which is expected to show improvement in 2024 compared to the previous year. The conference, held in Paris between 7 and 9 February 2024, highlighted a...
European Securities and Markets Authority (‘ESMA’) issued a warning for people posting investment recommendations on social media in an effort to raise awareness of the requirements established by MAR which apply when posting investment recommendations on social media and to also warn about the risks of market manipulation in such publications. All market participants are...
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Designed and developed by Blonde and Giant
© 2022 – DAVID ZAHRA & ASSOCIATES ADVOCATES
Designed and developed by Blonde and Giant
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