ESMA decision to postpone ESEF RTS amendment On the 15th of May, 2023, the MFSA published a circular informing the market of the European Securities and Markets Authority (ESMA)’s decision to postpone the amendment of the European Single Electronic Format (ESEF) Regulatory Technical Standards (RTS) until 2024. The reasons for ESMA’s decision to postpone said […]
We all still cringe at the sound of ‘pandemic’ and ‘covid-19’ – we’ve heard too much of it and lost so much to it. Now that we’ve regained control of our lives, we want nothing more, but to forget it. It is however indisputable that ‘it’ has changed the way we see and do so […]
It is without a doubt that the bespoke 4-day workweek model is appealing to the employee. Who would say no to an extra day off, to do just about, anything? I certainly wouldn’t. But should we really be trumpeting this new way of working? Will it really give us the results we are hoping for, or […]
The European Commission’s proposal for a regulation on harmonised rules on fair access to and use of data (the “Data Act”), originally published on 23 February 2022, was revised and adopted by the European Parliament last month, with the European Council submitting its proposed amendments shortly thereafter, thereby paving the way for negotiations on the […]
On 27th March 2023, the European Securities and Markets Authority (“ESMA”) published its Final Report on the Guidelines on Markets in Financial Instruments Directive (“MIFID II”) product governance requirements. The Final Report is mainly aimed at investment firms and credit institutions performing investment services and activities, especially firms which manufacture financial instruments or structured deposits […]
Camilleri Preziosi has contributed to the Maltese chapter in the International Comparative Legal Guide – Trade Marks 2023 published by Global Legal Group. This article provides an insightful overview of Maltese Trademark law, including issues on ownership, infringement, enforcement, and current developments.The publication can be accessed here.
On 11 April 2023, the Financial Intelligence Analysis Unit (the “FIAU”) published a comprehensive guidance note on the transaction monitoring obligations of subject persons, specifically aimed at institutions that process payments and similar transactions on behalf of customers, including banks, electronic money (e-money) institutions, payment service providers (PSPs), and merchant acquiring companies.The guidance note provides […]
Just a few days ago, the European Commission published its communication titled ‘Public Procurement: A data space to improve public spending, boost data-driven policy-making and improve access to tenders for SMEs’ (2023/C 98 I/01), officially launching the Public Procurement Data Space.The Commission notes that every year in the EU, over 250,000 public authorities spend €2 […]
Camilleri Preziosi is proud to announce that the firm is once again sponsoring the Customer Focus Award as part of JA Malta’s StartUp Program. As a law firm whose primary focus is to provide support and assist businesses in growing and achieving their goals, we wholly support JA Malta’s vision to improve young people’s understanding […]
In a landmark judgement handed down by the First Hall, Civil Court, presided by the Hon. Justice Audrey Demicoli, earlier today the court found that the law granting the Financial Intelligence Analysis Unit (“FIAU”) the right to investigate and impose hefty administrative fines on subject persons as a result of certain regulatory breaches violate the […]