In a judgment delivered earlier this month the General Court listed some useful principles in considering an appeal from a decision of the European Institute for Gender Equality (EIGE) rejecting a tender submitted by Proof IT SIA. In this case, EIGE had taken the decision carry out a second evaluation to re-evaluate all tenders submitted […]
Donald Vella and Kirsten Cassar contributed to Getting the Deal Through: Tax Controversy 2019, from Malta’s perspective. The article provides a guide to disputes and controversy arising from complex and multi-layered modern tax laws, with international experts providing overviews and in-depth analysis of relevant legislation and regulation, including jurisdiction specific tax authorities and third parties, […]
On Monday the 22nd of October during his annual Budget speech, the Minister for Finance, announced that an additional day of vacation leave shall be granted to all employees, as from 2019, increasing the statutory amount to twenty six (26) days of leave per year.
Trident Trust are organising a Getting to Grips with Crypto seminar on the 15th November hosted at EY Malta. Join industry experts to hear their views and hands-on experiences of the fast moving world of crypto funds, in two stimulating panel discussions. Andrew Caruana Scicluna, Associate has been invited to sit on a panel tackling the topic […]
The UK case of David Lonsdale v National Westminster Bank [2018] EWHC 1843 (QB) is a case which brings to light the interaction between tipping-off and data protection issues. The Claimant was a customer of the Bank for many years and at the material time had 7 accounts with the Defendant Bank, including sole accounts […]
On 22 October 2018 the Budget for the Malta Budget 2019 was presented to the Parliament of Malta. The main theme of the Budget was the further creation and support of local business and foreign direct investment, the improvement and creation of a number of social and affordable housing measures and the introduction of certain […]
The Parliamentary Secretariat for Social Accommodation has issued a White Paper with various proposals aimed at reforming the Private Rent Sector (“PRS”) through the introduction of a new regulatory framework focusing on increasing security, transparency and predictability of the market in the longer term. The White Paper identifies 8 major shortcomings in the current regulatory […]
The UK court’s considerations in National Crime Agency v Mrs A (Rev 1) [2018] EWHC 2534 around the definition of PEPs in the context of UWOs provide much needed clarity on a grey area which has till now remained open to interpretation. The salient take-aways from the judgement handed by Supperstone J relate to the […]
With the entry into force of the Virtual Financial Assets Act (Cap. 590 of the laws of Malta, the ‘VFA Act’) officially set for the 1st of November 2018, market participants can look forward with optimism to greater regulatory certainty. This comes at an important juncture in the development of the fledgling DLT and crypto […]