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ESMA issues positive opinion on the product intervention measures implemented by MFSA

ESMA has issued an opinion on the national product intervention measures implemented by the Malta Financial Services Authority (“MFSA”), stating that the national measures are justified and proportionate. The said measures consist of a permanent restriction on the marketing, distribution or sale of contracts of differences (CFDs) to retail clients in or from Malta. This…

MFSA issues Consultation Document on Security Token Offerings

In line with Vision 2021, and in keeping with the strategy of a balance between the evolving needs of the industry whilst ensuring high standards of investor protection and market integrity, the Malta Financial Services Authority (‘MFSA’) has, today, issued a consultation document aimed at adopting a supervisory approach relating to Security Token Offerings (‘Consultation…

Avoidance of Damage to Third Party Property Regulations, 2019 – An Overview

The Avoidance of Damage to Third Party Property Regulations, 2019 (the “Regulations”) enacted by means of Legal Notice 136 of 2019 have brought about significant changes in the construction industry. The Regulations, which have entered into force with effect as from the 25th of June 2019, apply in the case of the following: All excavation…