13 Mar 2020
Concurrent to the closure of courts, a legal notice has been issued suspending the running of any legal and judicial terms and of any other time limits including peremptory periods applicable to proceedings or other procedures before the courts.
By virtue of Act no 1 of 2020, the Prevention of Money Laundering Act (hereafter referred to as ‘PMLA’), has been updated to reflect the recent amendments imposed by Directive (EU) 2018/843 (hereafter referred to as ‘5AMLD’) on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.
In the coming weeks Identity Malta will be contacting British nationals residing in Malta with a valid residence permit in order to commence the process to grant a 10 year residence permit.
9th January 2020 witnessed the UK Parliament voting, by a majority of 99, in favour of United Kingdom’s Withdrawal Agreement Bill, effectively paving the way for the UK to leave the European Union (“EU”) on the 31st January 2020 (“Brexit”). Brexit is on our doorstep!
Kenneth Camilleri, director at Chetcuti Cauchi chose to carry out the IronMan 2019 triathlon in aid of Claris Foundation.
31 May 2019 Chetcuti Cauchi
Following the approval of its licence, CC VFA Agent Ltd is one of the first approved agents since the VFA Act came into force last November.
24 May 2019 Chetcuti Cauchi
The Employee Social Committee has organised a whole week full of activities for Chetcuti Cauchi lawyers and staff. The focus of this week is to promote a healthier lifestyle mentally and physically by introducing more nutritious food as well as physical exercise. Activities include healthy breakfasts, yoga sessions and presentation on mental awareness held by Richmond Foundation.
The MFSA has made amendments to the VFA Service Providers Rulebook in order to increase clarification.
20 May 2019
The Malta Gaming Authority (MGA) and the Malta Police Force (MPF) have signed a Memorandum of Understanding (MoU) to further increase and improve the efficacy of their co-operation and to strengthen the exchange of information with regards to gaming operations.
The MFSA has announced that it will be launching a new technological tool for banks’ reporting to the same authority. Banks are obliged to report to the Authority prudential and financial information. The MFSA has held a session for all stakeholders on the 7th of May in order to announce this new tool.