International Regulatory Updates
FEBRUARY 13, 2018
The European Supervisory Authorities (ESAs) for securities (ESMA), banking (EBA), and insurance and pensions (EIOPA) have today issued a pan-EU warning to consumers regarding the risks of buying Virtual Currencies (VCs). The ESAs warn consumers that VCs are highly risky and unregulated products and ...
FEBRUARY 02, 2018
What’s Inside This Issue:
IMF lauds Malta’s economic performance, noted profitability and high capitalisation of banks
Mr Reuben Fenech appointed MFSA COO
MFSA issues feedback and revises Supplementary conditions following consultation process on the Proposed Regulation of Collective ...
FEBRUARY 02, 2018
The European Securities and Markets Authority (ESMA) has published today the results of its second EU-wide stress test exercise regarding Central Counterparties (CCPs) established in the European Union (EU). The CCP stress test assesses the resilience and safety of the EU CCP industry and helps to i ...
FEBRUARY 01, 2018
The European Banking Authority (EBA) launched today its 2018 EU-wide stress test and released the macroeconomic scenarios. The adverse scenario implies a deviation of EU GDP from its baseline level by 8.3% in 2020, resulting in the most severe scenario to date. The EBA expects to publish the results ...
FEBRUARY 01, 2018
The European Central Bank (ECB) will examine 37 euro area banks as part of the 2018 EU-wide stress test conducted with the European Banking Authority (EBA). In line with the EBA’s selection criteria, these banks, which are directly supervised by the ECB, represent 70% of total euro area banking as ...
JANUARY 18, 2018
The European Securities and Markets Authority (ESMA) has published a call for evidence on potential product intervention measures relating to the provision of contracts for differences (CFDs), including rolling spot forex, and binary options to retail investors.
Link to Full Press Release - Cli ...
JANUARY 16, 2018
The European Banking Authority (EBA) published today its regular Risk Dashboard. Using quantitative risk indicators, along with the opinions of banks and market analysts from its Risk Assessment Questionnaire, the EBA's dashboard identified ongoing improvements in the repair of the EU banking sector ...
DECEMBER 29, 2017
What’s Inside This Issue:
Prof John Mamo to be appointed MFSA chairperson
Conduct of Business Rulebook Feedback Statement issued
MFSA issues revised Investment Services Rules
Revised Financial Market Rules for Trading Venues, DRSPs and Central Securities Depositories
MFSA Consults ...
DECEMBER 20, 2017
The European Securities and Markets Authority (ESMA) has issued today a statement to support the smooth implementation of Legal Entity Identifiers (LEI) requirements under the Markets in Financial Instruments Regulation (MiFIR).
Click here to access the full press release. ...
DECEMBER 20, 2017
Professor John Mamo will be the new non-executive chairperson of the MFSA. He will be replacing Professor Joseph Bannister, who will be retained as an advisor to thegovernment. This was announced today by Prime Minister Joseph Muscat during a lunch with the Malta Business Network
Link to Full Pr ...
