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. […]
Ron Galea Cavallazzi and Lisa Abela have contributed the Malta Chapter in the publication by Lexology Panoramic: State Aid 2025. The Chapter highlights that Malta’s state aid policy is largely shaped by EU regulations The country’s approach to subsidies is generally supportive, particularly in areas like agriculture, environmental protection, culture, and regional development. By way […]
Camilleri Preziosi is proud to have contributed to the latest edition of Global Legal Insights – AI, Machine Learning & Big Data, providing an in-depth analysis of Malta’s rapidly developing legal and regulatory environment for artificial intelligence, machine learning, and big data. Our firm, represented by Ron Galea Cavallazzi and Alexia Valenzia, has provided insights […]
There were several important legislative changes which were published over the course of April 2025. Below is an overview of the key updates across different areas. The Validity of Development Permits (Amendment) Regulations, 2025, published on the 1st April 2025, extend the validity of development permits with the aim of supporting ongoing construction projects delayed […]
Act No. IX of 2025 has introduced a number of amendments to the Arbiter for Financial Services Act (Cap. 555). While most of these changes are relatively minor (see summary below), a notable revision involves the definition of ‘eligible customer’, specifically through the introduction of a proviso aimed at addressing liability in cases of fraudulent […]