The Employment Agencies Regulations of 2023 come into force 1st April 2024. The Regulations introduce a new regime for regulating the services provided by employment agencies, which were largely unregulated. These Regulations apply to employment agencies that provide recruitment services, temporary work services and/or outsourcing services. The Regulations impose mandatory licensing, applications for which will...
Malta has recently implemented changes to the Eighth Schedule of the Value Added Tax Act (Chapter 406 of the Laws of Malta), introducing a reduced VAT rate specifically applicable to the hiring of pleasure yachts. This modification, influenced by the adoption of Council Directive (EU) 2022/542 on April 5, 2022, marks a departure from the...
David Zahra has just returned from the 6th Annual IBA European Start-up Conference held at the One Great George Street, London. The conference took place on 27-28 September 2023. The conference brought together a myriad of visionary founders, dedicated entrepreneurs, and proficient legal experts actively involved in the field of startups. It served as a platform...
We are pleased to announce that we have retained our ‘Tier 2’ position in the IFLR1000 ‘Financial and Corporate’ rankings for 2023. In addition, David Zahra has once again been recognised as a ‘highly regarded lawyer’, specifically within the banking, Capital Market: Debts and M&A practice areas. IFLR1000 undertakes qualitative research into law firms and...
In continuation of our launch of our Trainees’ Programme, we have sat down with Andrew Grech, our current trainee associate who has joined our firm in July 2022. Andrew came to our firm eager to learn what’s it’s like working at a law firm. The following is what he had to say on his current...
We are pleased to launch our Trainee’s programme for summer 2023. To commemorate this launch, we are sharing Dr. Emma Fenech’s testimonial of her experience as a trainee with the firm. Emma Fenech had joined David Zahra & Associates Advocates as a Trainee Associate in July 2019. Emma has grown with the firm and is...
Visa has revealed that its Visa Innovation Program Europe, which was launched in 2018 and is presently operating in Bulgaria, Greece, Turkey, and Spain, will be extended to Malta. The aim of the program is to assist early-stage Fintechs in scaling up and strengthening their value proposition. It also provides access to Visa’s markets, clients,...
With effect from 1 March 2023, the MFSA’s financial institutions’ authorisation and supervision teams, which previously fell within the remit of the banking supervision function, have been integrated into FinTech Supervision. As more and more innovative technologies continue to be introduced and adopted in the financial institutions sector, this strategic decision seeks to ensure that...