A new legal notice regulating the licensing of property brokers and real estate agents in Malta was enacted on the 3rd of July, 2020. The following article gives an overview of the most important provisions under this Act.
PRECISELY DEFINES THE DIFFERENT ROLES INVOLVED
The new Act defines the activity...
Employee share options are often used to align the interests of employees with those of the company by tying part of the remuneration package with performance, as reflected in the share price.
In the world of finance, an option is referred to as a derivative contract, the value of which...
Muscat Mizzi Advocates is pleased to announce that its virtual financial assets arm, MMC Consultancy Limited, is in receipt of an ‘in principle’ approval from the Malta Financial Services Authority to be registered as a Virtual Financial Assets Agent. We are thrilled to be amongst the first applicants to receive...
On 9 January 2019, the European Securities and Markets Authority (“ESMA”) published its advice to regulators across the EU Member States in relation to initial coin offerings (“ICOs”) and crypto-assets in general.
It is our view that the advice can be construed as an endorsement of Malta’s legal framework on...
The dialogue on the subject of blockchain has evolved since bitcoin achieved mainstream notoriety a few years ago.
At the time, markets were told that bitcoin was not blockchain and that the two terms were not to be confused with one another.
The prevailing impression was that there was something...
Malta has established itself as the ‘first mover’ in the regulation of businesses utilizing distributed ledger technology (DLT), upon which blockchain is based.
Recognizing the potential behind blockchain, Maltese lawmakers sought to develop a regulatory environment that addresses the risks arising from sinister uses of the technology while, at the...
