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Air Malta will start operating a weekly direct flight to Ukraine's capital city – Kiev. The service will start on the19thJune. This new service was announced during a state visit to the Ukrainian capital by the President of Malta, Marie-Louise ColeiroPreca, last October.Visa free travel to both Ukrainians and Maltese visitors will be granted.
On the 23rd June 2016, British voters were asked whether they wanted the United Kingdom to remain in the EU or not, with the majority voting to leave the EU. In order for the UK to leave the EU, Article 50 of the Lisbon Treaty had to be triggered; this article incorporates the process for a Member State to leave the EU.
From its start in 2014 to date, the Maltese Citizenship by Investment Programme has proven to be very successful, providing a second passport option to individuals and families.
Legal Notice 373 of 2017, Trusts and Trustees Act (Register of Beneficial Owners) Regulations, 2017 (hereinafter the ‘Regulations’) was recently enacted to implement the relevant provisions on beneficial ownership information of Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and are applicable to trusts under the Trusts and Trustees Act in Malta.
Legal Notice 374 of 2017, the Companies Act (Register of Beneficial Owners) Regulations, 2017 (hereinafter referred to as the ‘Regulations’) have just been enacted in Malta to give effect to Directive 2015/849 to implement the relevant provisions on beneficial ownership information of the said Directive.