On 2nd July 2025, the Malta Gaming Authority (“MGA”) published its Capital Requirements Policy (the “Policy”), which introduces new financial obligations for licensed entities. In addition to satisfying and maintaining minimum nominal share capital throughout the duration of a licence, the Policy introduces requirements to maintain a positive equity position, and to restore negative equity […]
The first week of July has been an exciting one at Camilleri Preziosi, marked by the launch of our 2025 Student Traineeship Programme, reaffirming our commitment to nurturing the next generation of legal talent. This prestigious programme offers law students an unparalleled opportunity to gain hands-on experience within one of Malta’s leading law firms. The […]
The European Union is on the cusp of enacting its most significant overhaul of pharmaceutical legislation in over two decades. The proposed EU Pharma Package, introduced by the European Commission in April 2023, is currently advancing through the legislative process and is expected to come into force between 2026 and 2028. This reform will have […]
There were several important legislative changes which were published over the course of May 2025. Below is an overview of the key updates across different areas. The Expired or Expiring Emphyteutical Concessions (Amendment) Regulations, 2025 published last month, introduce a revised structure governing Government land granted by way of emphyteutical concession, introducing new concession terms […]
On 12 June 2025, the Malta Financial Services Authority (“MFSA”) published a position paper outlining its regulatory expectations on the use of distributed ledger technology (“DLT”) for the tokenisation of units or shares of collective investment schemes. This development is aimed at offering clarity for industry participants exploring digital innovation in collective investment scheme operations, […]
The European Banking Authority (EBA) has published a significant No Action letter addressing the complex overlap between the Payment Services Directive 2 (PSD2) and the Markets in Crypto-Assets Regulation (MiCA) for electronic money tokens (EMTs). The fundamental challenge stems from EMTs’ dual legal nature—simultaneously defined as “crypto-assets” under MiCA and as “funds” under PSD2—creating a […]
Act XIV of 2025 (the “Act”), published in the Government Gazette on 6th June, is set to come into force on 6th August 2025, two months from its date of publication. This marks a significant shift in the enforcement of employment laws, with the primary aim of enhancing worker protection and reinforcing employer accountability. One […]
In a recent judgement of the Court of Appeal in the names Bank of Valletta p.l.c. (subsequently succeeded by another company in the proceedings) vs F.G.S. Construction Limited et, delivered on the 26 May 2025), the Court held that interest on a debt continues to accrue until the date of actual payment, not merely until […]
On 21 May 2025, the European Commission unveiled the long-awaited fourth Simplification Omnibus package, signalling a major shift in compliance requirements under the GDPR. A key highlight is the newly introduced category of Small Mid-Cap Enterprises (SMCs) with fewer than 750 employees and an annual turnover not exceeding €150 million or a total balance sheet […]
Camilleri Preziosi is proud to announce that the firm has once again sponsored the Customer Focus Award as part of JA Malta’s Start-Up Programme. This continues the firm’s commitment to supporting JA Malta‘s vision of improving young people’s understanding of business and entrepreneurship, and educating and empowering them to achieve success in their working life. […]