Malta: Securities

Malta's capital markets are seeing increased share buy-back activity, but regulatory frameworks designed for large liquid exchanges create significant obstacles for small markets. Can local regulators establish accepted market practices that balance market integrity with the practical realities of supporting liquidity in a small jurisdiction?

Malta’s company law framework may be taking an important step towards accommodating the infrastructure of digital capital markets.

The European Commission has introduced revised implementing technical standards for insider list formats under the Market Abuse Regulation, significantly reducing administrative burdens by removing several personal data fields and extending simplified formats to all issuers. These changes, which entered into force on 5 July 2026, require issuers to update their insider list templates while maintaining core compliance obligations for tracking individuals with access to inside information.

On 19th February 2026, the European Securities and Markets Authority ("ESMA") published a consultation paper proposing amendments to its Guidelines on the delay in the disclosure...

The European Securities and Markets Authority (ESMA) has launched a consultation on amendments to its guidelines on the delayed disclosure of inside information under the Market Abuse Regulation (MAR), ...

Yes, the Control of Concentrations Regulations, S.L.379.08 ("the Regulations") are applicable to mergers and acquisitions. The Regulations are subsidiary legislation made under the Competition Act...

On the 15th of May, 2023, the MFSA published a circular informing the market of the European Securities and Markets Authority (ESMA)'s decision to postpone the amendment of the European Single Electronic Format (ESEF)...

On 27th March 2023, the European Securities and Markets Authority ("ESMA") published its Final Report on the Guidelines on Markets in Financial Instruments Directive ("MIFID II") product governance requirements.

On the 11th of July 2023, the European Securities and Markets Authority (ESMA) published a statement[1] underlining its expectations with respect to the nature and extent of sustainability...