Publications

The Possibility of Having Different Names for the Same Ship in a Bareboat-Out Registration

Authors: Jotham Scerri-Diacono, Jan Rossi
Published on January 17, 2018
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Practices: Ship Registration
We would like to highlight a useful feature of Maltese shipping law that is often overlooked by operators of Maltese ships. Bareboat charter registration (dual registration) has been a common feature of the shipping industry as it has developed in the last 10 years or so. Dual registration takes place for various commercial and operational reasons.

Parliament finally publishes amending Act to the Trusts and Trustees Act, permitting trustees to also act as CSP’s

Authors: Anthony Cremona
Published on December 28, 2017
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Practices: Trusts & Foundations
After a long wait and after fruitful discussions held by STEP Malta with the MFSA, Parliament has finally enacted Act XXXI of 2017 on the 22nd December, 2017 which, amongst various financial services laws, also amends the Trusts and Trustees Act (Cap. 331 of the Laws of Malta; the “TTA”).

Time is running out for LIBOR

Authors: Beppe Degiorgio
Published on November 23, 2017
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Practices: Financial Markets Regulation
The London Interbank Offered Rate (LIBOR) has been used as a standard reference for the pricing of loans, derivatives and other contracts that have a floating rate for the past three decades, making it a keystone of the world’s financial markets; at its peak it was used to price $350 trillion of financial products, from mortgages to derivatives.