Gauci-Maistre Xynou Legal |Assurance
As Europe confronts the Covid-19 pandemic and economic upheaval looms large, business continuity plans are essential like never before.
Camilleri Preziosi Advocates
In its circular published on the 20th March 2020, the Malta Financial Services Authority ("MFSA") announced that reporting obligations in terms of the SFTR...
There have been strong calls from various industry sectors for Malta to roll-out concrete financial aid to assist undertakings based in Malta to cope with the devastating economic effects of the ...
On 19 March 2020 ESMA issued a public statement relating to the application of the Securities Finance Transactions Regulation ("SFTR") which it clarified on 26 March 2020.
The Central Bank of Ireland (the "CBI") published on the 10 March, 2020 a letter to industry on the key findings of their recent thematic inspection (the "Thematic Inspection")...
We are facing an unprecedented period of adversity. The offshore financial services industry and the local communities that we serve, like the rest of the world, are not immune to the impact of the...
ELVINGER HOSS PRUSSEN, société anonyme
In an FAQ update published on 20 March 2020 , the CSSF stated that, in light of the current exceptional market conditions, they will allow for swing pricing/dilution...
ATOZ Tax Advisers
On 21 March 2020, the Luxembourg Parliament adopted the law implementing the remaining aspects of the 5th Anti-Money Laundering Directive ("AMLD V") in national legislation (the "Law").
Loyens & Loeff
What key reporting and disclosure requirements apply to banks in your jurisdiction?
Late last week, the MFSA published a circular to inform the market that in light of the COVID-19 situation, it will be extending (or is willing to extend) a number of reporting deadlines.
The Malta Financial Services Authority has issued a Circular to the Financial Services Industry in relation to the MFSA's Authorisation Process.
The European Securities and Markets Authority (ESMA) has just issued a public statement to promote coordinated action by National Competent Authorities (NCAs), including the Malta Financial Services Authority (MFSA)...
Following the press conference by the Prime Minister of Malta, the Minister of Finance, and the Minister for Economy Investment and Small business on the 18th March 2020,
On 25 March 2020, MFSA issued a circular reminding firms of its expectations of the measures that they should have in place regarding complaints handling.
On 24 March 2020, the MFSA issued a circular providing information to the general public on consumer protection measures being taken by the Authority in relation to COVID-19.
In a Public Statement issued by the European Securities and Markets Authority ("ESMA") on 18 March 2020, ESMA acknowledges that it was made aware of the pressure being made on the financial industry
In light of the Covid-19 crisis, the Ministry of Public Finance of Romania has announced that it will guarantee up to 80% of the value of the financing granted to SMEs.
Bei verspäteter Zahlung der Direkten Bundessteuer, welche zwischen dem 1. März 2020 und dem 31. Dezember 2020 fällig wird, ist für diese Zeit kein Verzugszins geschuldet.
Esin Attorney Partnership
Bankacılık Düzenleme ve Denetleme Kurumu ("BDDK"), 17 Mart 2020 tarihinde aldığı kararla kredi temerrütlerine ilişkin çeşitli esneklikler sağlamıştı. 18 Mart 2020 tarihli bültenimizde bu önlemleri özetlemiştik.
Esin Attorney Partnership
The Banking Regulatory and Supervisory Authority (the "BRSA") previously issued certain flexibilities on credit defaults in its decision dated March 17, 2020.