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BUSINESSTODAY 15 July 2021

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€1.50 THURSDAY 15 JULY 2021 • ISSUE 116 WWW.BUSINESSTODAY.COM.MT PAGE 5 PAGE 11 PAGE 3 PAGE 6 PAGE 4 Editorial PAGE 9 BALANCING THE YEARNING FOR NORMALITY WITH CAUTION Google UK to introduce advert restrictions to help fight financial fraud KURT SANSONE A constitutional amendment to give regulators more bite when dishing out hefty fines and sanc- tions was defeated in parliament on Wednesday after the Opposi- tion voted against. The amendment required a two-thirds majority to pass. With 34 votes in favour and 25 against, the constitutional change did not get the required minimum of 45 votes. The amendment put forward by Justice Minister Edward Zammit Lewis sought to in- troduce a constitutional clause that allows independent ad- ministrative and regulatory authorities to impose admin- istrative penalties or measures "which may have the charac- teristics of a charge or punish- ment of a criminal nature". Opposition votes against constitutional change to give regulators more bite Sustainable economic growth towards improving the quality of life MFSA warning on Binance and other unlicensed VFA service providers Enterprise ready for business with first airport branch Edward Zammit Lewis

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