News

by novolegal, on Mar 23, 2020 5:13:50 PM

Purpose of the Bill On the 16th of March 2020, the Parliamentary Secretary for Lands and Construction announced that a bill, proposed to be named the “Real Estate Agents, Property …

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Topics:Rent

by novolegal, on Mar 23, 2020 12:42:59 PM

The Malta Financial Services Authority (‘MFSA’) published a circular on the 21st March 2020 extending certain reporting deadlines due to the COVID-19 pandemic. While the MFSA encourages firms to have …

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Topics:Financial ServicesCOVID-19

by novolegal, on Mar 17, 2020 2:10:18 PM

The Financial Intelligence Analysis Unit (‘FIAU’) has issued a notice to Subject Persons on the 16th March 2020 regarding measures taken in light of the COVID-19 pandemic. The REQ deadline …

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by novolegal, on Mar 13, 2020 1:00:00 PM

Introduction The Malta Financial Services Authority (MFSA) published a document on ‘Supervision Risks Identified, Weaknesses and Expected Controls’, which outlines the risks posed by authorized firms, certain weaknesses exhibited in …

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Topics:AML

by novolegal, on Mar 12, 2020 5:08:31 PM

Reactions to COVID-19 from local and European authorities Hereunder we have noted the various warnings being issued in relation to the COVID-19 situation. Focus has been shifted to the effects …

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by novolegal, on Mar 11, 2020 1:00:00 PM

Introduction The Malta Financial Services Authority (MFSA) published a document on ‘Supervision Risks Identified, Weaknesses and Expected Controls’, which outlines the risks posed by authorized firms, certain weaknesses exhibited in …

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Topics:AML

by novolegal, on Mar 9, 2020 4:41:57 PM

Introduction The Malta Financial Services Authority (MFSA) published a document on ‘Supervision Risks Identified, Weaknesses and Expected Controls’, which outlines the risks posed by authorized firms, certain weaknesses exhibited in …

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Topics:AML

by novolegal, on Mar 2, 2020 12:00:00 PM

Legal Notice 26 of 2020 ‘Prevention of Money Laundering and Funding of Terrorism (Amendment) Regulations 2020’ was published in the Government Gazette on the 20th February 2020. One of the …

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Topics:AML