International Regulatory Updates
NOVEMBER 03, 2017
What’s Inside This Issue:
The contribution of the Financial Services Sector to the Maltese Economy
MFSA holds MiFID II / MiFIR Workshop
MFSA Consults on Investments in Virtual Currencies
MFSA reacts to Feedback on investment-based crowdfunding
MFSA hosts the 14th Network Meeting o ...
OCTOBER 12, 2017
The financial services sector plays a major role in the Maltese economy. This sector expanded by approximately 36% in terms of value added over the past six years.
This publication presents a review of the economic contribution of the financial services sector in Malta placing a special emphasis ...
OCTOBER 11, 2017
The Guidelines apply to “execution-only” sales of insurance-based investment products (IBIPs) such as telephone and online sales
The Guidelines ensure the appropriate use of “execution-only” sales by defining the types of products to be sold “execution-only”
The Guidelines seek to ...
OCTOBER 09, 2017
Higher interest rates would lead to higher net interest income in the next three years for most of the banks directly supervised by the European Central Bank (ECB), but to lower economic value of equity, according to the results of the 2017 ECB stress test. This supervisory exercise allows the super ...
OCTOBER 09, 2017
The European Securities and Markets Authority (ESMA) has published a Briefing on the Legal Entity Identifier (LEI) as part of its efforts to raise industry awareness and facilitate compliance with the LEI requirements under MiFID II ahead of its 3 January 2018 launch.
ESMA expects market ...
OCTOBER 04, 2017
The European Central Bank (ECB) today launched a public consultation on a draft addendum to the ECB guidance on non-performing loans. The addendum supplements the guidance which was published on 20 March 2017 and reinforces the guidance with regard to fostering timely provisioning and write-off prac ...
OCTOBER 03, 2017
What’s Inside This Issue:
WEF confirms Malta amongst top financial jurisdictions
ESMA Peer Review on Guidelines on Enforcement of Financial Information
MFSA advises on Critical Supervision and resulting Administrative Measures
The European Deposit Insurance Scheme: a myth or a fact?
...
SEPTEMBER 29, 2017
The European Banking Authority (EBA) published today its Opinion on the design and calibration of a new prudential framework for investment firms, which is specifically tailored to the needs of investment firms' different business models and inherent risks. The Opinion includes a series of recommend ...
SEPTEMBER 26, 2017
The European Banking Authority (EBA) has published today its revised Guidelines on Internal Governance. These Guidelines aim at further harmonising institutions' internal governance arrangements, processes and mechanisms across the EU, in line with the new requirements in this area introduced in the ...
SEPTEMBER 25, 2017
The European Banking Authority (EBA) launched today a consultation to amend the Implementing Technical Standards (ITS) on supervisory disclosure, which specify the format, structure, contents list and annual publication date of the supervisory information to be disclosed by competent authorities. Th ...
