In preparation of the European Central Bank (ECB) assuming full responsibility for the supervision of significant banks as part of the Single Supervisory Mechanism (SSM) and in terms of Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions, the Malta Financial Services Authority (MFSA), under the auspices of the ECB, carried out, in 2014, a Comprehensive Assessment (CA) over three local banks, these being Bank of Valletta plc, HSBC Bank Malta plc and Deutsche Bank Malta Ltd, which, pursuant to the Decision of the European Central Bank of 4 February 2014 identifying the credit institutions that are subject to the comprehensive assessment (ECB/2014/3), were designated as significant by the ECB.

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Request for Proposal for Asset Quality Review: Banking Book Audit and Real Estate Appraisal