News

Meet us at the Malta Blockchain Summit

EMD Advocates will be exhibiting at Stand N 218 at the Malta Blockchain Summit to be held at The Intercontinental Hotel, Malta between the 1 – 2 November 2018.  Should you wish to schedule an appointment please call our office on +356 22030000 or send us an e-mail on legal@emd.com.mt Read here for more about…

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Maltese Rent Laws – Recent amendments

By virtue of LN 260 of 2018, the Continuation of Tenancies (Means Testing) Regulations which establish the criteria in the ‘means test’ has been extended towards the old leases regulated by the Housing (Decontrol) Ordinance (Chapter 158). Prior to the liberalisation of the Maltese rental market in 1995, leases that were negotiated before 1st June…

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Innovative Technology Arrangements and Services Act in Malta

On the 26 June 2018, Maltese Parliament approved the three bills regulating blockchain technology and cryptocurrencies in Malta. Whilst the Virtual Financial Assets Act creates a framework for the regulation of ICOs, cryptocurrencies, cryptocurrency exchanges and other intermediary services related to cryptocurrencies; the Innovative Technology Arrangements and Services Act (ITAS) which goes hand in hand…

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Consultation Paper on the Virtual Financial Assets Regulations in Malta

The MFSA issued a consultation paper entitled ‘Consultation with the Financial Services Industry with regards to the Virtual Financial Assets Regulations to be issued under the Virtual Financial Assets Act’ found here. The draft legal notice sets out the Virtual Financial Assets Regulations (Regulations) which will be issued under the Virtual Financial Assets Act (VFAA),…

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Production of Cannabis for Medicinal and Research Purposes Act and Amendments to the Drug Dependence (Treatment not Imprisonment) Act

he Maltese Parliament enacted a new Act which regulates the production of cannabis for medicinal and research purposes under a controlled and supervised environment. The said Act came into force on the 17 April 2018 and succeeded the amendments made by the Maltese Parliament on 26 March 2018 to the Drug Dependence Act (Treatment not…

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Parliament Releases Three New Bills to Regulate Blockchain Businesses

On the 22 May 2018, the Maltese Parliament presented to the public the much awaited draft bills regulating blockchain technology, cryptocurrencies as well as cryptocurrency exchanges and other intermediary services relating to cryptocurrencies. The draft bills published are the: i. Virtual Financial Assets Act (VFAA); ii. Malta Digital Innovation Act (MDIA); and iii. Innovative Technology…

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EMD has updated its Privacy and Cookies Policy in line with the GDPR

EMD as Data Controller is committed to protecting your privacy. EMD will not collect any personal information about you unless you provide it voluntarily or unless we are legally required to obtain it in terms of our Anti-Money Laundering (‘AML’) obligations. We will process any personal data only insofar as is necessary to provide one…

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Maltese Legal Framework for Distributed Ledger Technology Platforms

A Consultation Paper entitled “the establishment of the Malta Digital Innovation Authority; the Framework for the Certification of Distributed Ledger Technology Platforms and Related Service Providers; and a Virtual Currency Act” was issued on the 16 of February 2018 by the Government of Malta. Interested parties are requested to provide feedback regarding the consultation paper,…

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The Malta Financial Services Authority on Virtual Currencies

The Malta Financial Services Authority (“MFSA”) issued two consultation documents with regards to Virtual Currencies: A Consultation on the Proposed Regulation of Collective Investment Schemes Investing in Virtual Currencies. MFSA took into consideration the feedback they received and on 29 January 2018 published specific supplementary licence conditions applicable to Professional Investor Funds investing in Virtual…

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Claim for Deduction of School Transport Fees, Cultural and Creative Courses Fees and Sports Activities Fees

School Transport Fees Parents, who during year 2017 paid school transport fees for their children who are under 16 years of age and who attend a church school or private school during 2017 are allowed a tax deduction against their income. Such deduction is limited to a maximum of €150 per child per annum. A…

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