The Malta Financial Services Authority (MFSA) have recently released an update regarding UK licensed investment funds, asset managers and investment firms also known as ‘UK entities’ passporting into Malta.
The Companies Act (Register of Beneficial Owners) (Amendment) Regulations, 2019 has been put into place on 12th July 2019.
In 2010, the Aircraft Registration Malta Act came into force, the main aim of this act is to regulate the registration of an aircraft in accordance with Maltese law. The Act also takes into consideration the registration and enforcement of aircraft mortgages and the implementation of the Cape Town Convention.
Silvio Schembri, Junior Minister for Financial Services, Digital Economy and Innovation in the Government of Malta, declared that Malta Business Registry (MBR) would become the first government agency to be run on a blockchain-based system as well as artificial intelligence.
The Yachting industry has continued to develop in Malta over these past years. New Guidelines were published on the 28th of February 2019 with reference to the Use & Enjoyment Rules of leasing pleasure yachts by a Malta Registered entity.
Following the adoption of the Anti-Tax Avoidance Directive by the European Council, as with the other European Jurisdictions, Malta has been bound.....
The Malta Financial Services Authority (the ‘MFSA’) have published a circular with a status update on the VFA Framework.
The MFSA has issued a circular to Collective Investment Schemes and Depositories notifying them of upcoming changes covering the legal requirements of custodians under the UCITS and AIFMD Directives.