The Malta Financial Services Authority (“MFSA” or the “Authority”) has been looking into certain matters related to the Bank in relation to failings which resulted from the Authority’s supervisory engagement with the Bank. The Authority has considered the goodwill demonstrated by the Bank and agreed to settle all pending matters.

Address:

ECCM Bank PLC
The Adelaide,
230/231, Tower Road,
Sliema, SLM 1601
Malta

Business Activity: Credit Institution

FINDINGS:

The MFSA’s investigation found failings in respect of Article 13(5) of the Banking Act due to the Bank’s failure to notify the Authority of changes made to its indirect shareholding structure amongst its existing shareholders.

MEASURES

On 4 September 2026, the MFSA agreed to settle pending matters with the Bank after demonstration of goodwill and co-operation by the Bank. By means of a settlement agreement entered into between the Bank and the MFSA, the latter imposed an administrative penalty of ninety-nine thousand, nine hundred and forty-five Euro (€99,945) on ECCM Bank PLC.

PUBLICATION

This notice is being published in terms of the Authority's Settlement Policy.