MALTA Law and Practice Contributed by: Antoine Cremona, Louis Cassar Pullicino, Clement Mifsud-Bonnici and Yasmine Ellul, Ganado Advocates
13.2 Ethical Codes In Malta, arbitrators are governed by a code of eth - ics issued by the MAC, although this code has not been updated for some time. In practice, international soft law instruments – such as the IBA Guidelines on Conflicts of Interest in International Arbitration – and professional standards from bodies such as the Char - tered Institute of Arbitrators (CIArb) are commonly ref - erenced and relied upon in international arbitrations seated in Malta. Regarding legal counsel, there are no arbitration-spe - cific codes under Maltese law. Instead, counsel are bound by the general ethical and professional stand - ards applicable to legal practice in Malta, including those set by the Commission for the Administration of Justice. 13.3 Third-Party Funding Third-party funding of an arbitral claim is not contem - plated by Maltese law, and there is currently no market for the industry.
13.4 Consolidation An arbitral tribunal seated in Malta may consolidate separate arbitration proceedings relating to one or more contracts, but only under the following condi - tions: • If the parties agree to consolidate the proceedings or to hold concurrent hearings, the parties have the freedom to set the terms and conditions for consolidation in accordance with Rule 52 (2) of the Rules. • If there is no party agreement, the tribunal may order consolidation or concurrent hearings only if all parties have expressly authorised the tribunal to do so. 13.5 Binding of Third Parties See 5.6 Jurisdiction Over Third Parties .
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