Finance Law and Banking Law

ESMA's revised weekly commodity derivatives reporting arrangements went live on 3 September 2026, introducing updated technical requirements, validation rules and XML schema version 2.0. Businesses trading energy or other commodity derivatives must understand their specific reporting role, verify that correct information reaches the appropriate reporting party, and ensure their systems properly handle the new technical framework. Cyprus investment firms, energy traders and groups using commodity derivatives

Capital Markets are often surrounded by misconceptions and technical jargon, yet they play a central role in how businesses grow and economies develop.

Ireland's Department of Finance has unveiled its renewed "Ireland for Finance" strategy, positioning the country as a key player in the EU's Savings and Investments Union while charting an ambitious course for its €5.6 trillion funds and asset management sector through 2030.

Maltese family businesses often avoid public listings due to fears of losing control, but going public through the Malta Stock Exchange can strengthen governance, facilitate succession planning, and unlock capital without necessarily surrendering ownership. This analysis explores how reduced free-float requirements and strategic use of debt versus equity instruments can help family enterprises build lasting legacies while maintaining meaningful control.

La Listing Act introduce cambios significativos en el Reglamento de abuso de mercado europeo, simplificando el régimen de retraso en la difusión de información privilegiada en procesos prolongados y modificando las circunstancias que permiten a los emisores demorar la divulgación pública. ¿Cómo afectarán estas reformas a las obligaciones de comunicación de los emisores y a la supervisión de los mercados financieros?

A partir del 5 de junio de 2026, entran en vigor importantes reformas del Reglamento de folletos de la UE introducidas por la Listing Act, elevando el umbral de obligación de publicación de folletos de ocho a doce millones de euros y estableciendo nuevas reglas sobre extensión máxima y requisitos de traducción. ¿Cómo afectarán estos cambios directamente aplicables a las ofertas públicas y admisiones a negociación en mercados regulados, especialmente consider

European independence is ultimately a question of financing. The State of the European Union 2026 demonstrates how Banking Union, Savings and Investments Union, crisis management, market supervision, insurance resilience, and strategic financing are increasingly being considered together. Particularly relevant for financial market participants are the planned Bank Competitiveness and Simplification Package, new considerations for cross-border capital and liquidity mobility, EDIS and crisis financing, the de

The Malta Financial Services Authority has issued new guidance to credit institutions outlining supervisory expectations for dividend distributions, emphasizing prudent capital planning and financial resilience. While not introducing new regulatory requirements, the circular formalizes current supervisory practices and provides detailed documentation requirements for banks proposing distributions at both institutional and holding company levels.

The European Union's Sixth Capital Requirements Directive introduces a groundbreaking EU-wide framework requiring third-country credit institutions to establish authorised branches when providing core banking services within the EU. This new regime, effective January 2027, replaces the previous patchwork of national rules with harmonised supervisory standards, though several exemptions and transitional protections apply to existing arrangements.

Former Sheppard associate Sarah Ben-Moussa shares her journey from practicing M&A law in New York to building a renewable energy legal career in Paris. She discusses navigating the French visa system, the practical differences between U.S. and French legal practice, and the personal challenges of relocating abroad while leveraging American legal training in cross-border transactions.

Riżorsi Agrikoli Malta (“RAM”) has launched a pre-qualification process for the award of a major concession concerning the development and operation of a National Farm Waste Treatment Facility.

Private debt financing requires more than a strong project—it demands precise, credible documentation that answers fund analysts' critical questions upfront. This analysis examines how professional Information Memoranda, strategic fund identification, and transparent risk presentation determine whether well-conceived real estate, renewable energy, and growth ventures secure capital or lose their only opportunity to make a first impression.