Late Payments in Commercial Transactions

Authors: Jotham Scerri-Diacono, Annalise Papa
Published on August 29, 2014
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Practices: Corporate, General Commercial & Contract Law, Litigation, Arbitration & ADR
Sub Title IA of the Commercial Code (Chapter 13 of the Laws of Malta) deals with Late Payments in Commercial Transactions and was originally introduced to transpose the provisions of Directive 2000/35/EC of the European Parliament and of the Council of 29 June 2000 on combating late payment in commercial transactions.

Strategic Framework sets out EU objectives for 2014 – 2020 in relation to Health and Safety at the Workplace

Authors: Julienne Bencini
Published on August 20, 2014
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Practices: Employment & Industrial Relations, Litigation, Arbitration & ADR
According to Malta’s statistical office (the NSO), administrative records indicate that 820 persons had a non-fatal accident during the course of their work during the second quarter of 2014, a decrease of 4.5 per cent when compared to the corresponding quarter of the previous year. No fatal accidents have been reported to date.

Maltese securitisation vehicles are not alternative investment funds

Authors: Max Ganado, Richard Ambery, Matthew Mizzi
Published on August 8, 2014
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Practices: Derivatives, Investment Services Regulation, Structured Finance & Securitisation
If the term “securitisation special purpose entity” in the Alternative Investment Fund Managers Directive (AIFMD) were to be applied narrowly, then various securitisation transactions, including risk securitisations or possibly even whole business securitisations, would possibly fall within the scope of the AIFMD. Malta’s securitisation law provides clarity.