Securities and Markets Supervision Responsible for carrying out due diligence checks on persons proposed to take on approved positions within entities licensed by the MFSA. FIND OUT MORE

Securities and Markets Supervision

The Securities & Markets Supervision (SMS) function is responsible for supervising investment services licence holders, trading venues, central securities depositories, recognised private collective investment schemes, regulation, and oversight of activities in capital markets. SMS also processes the applications for Collective Investment Schemes as well as Investment Services Licence Holders and handles applications for the admissibility to listing of securities on regulated markets. SMS is also responsible for markets oversight and ensuring that companies having securities listed on regulated markets comply with the respective rules.

Investment Firms

Fund Managers

Custodians / Depositaries

Funds

Recognised Persons

Trading Venues Operated by Market Operator

Central Securities Depositories (CSD)

Data Reporting Services Providers

Securitisation

Capital Markets

Market Oversight

Crowd Funding Service Providers

Investment Firms

Subsidiary Legislation

S.L. 370.02 – Investment Services Act (Exemption) Regulations

S.L. 370.03 – Investment Services Act (Fees) Regulations

S.L. 370.04 – Investment Services Act (Prospectus of Collective Investment Schemes) Regulations

S.L. 370.05 – Investment Services Act (Control of Assets) Regulations

S.L. 370.06 – Investment Services Act (Recognition of Private Collective Investment Schemes) Regulations

S.L. 370.08 – Investment Services Act (Investment Advertisements and Prospectus Exemption) Regulations

S.L. 370.09 – Investor Compensation Scheme Regulations

S.L. 370.10 – European Passport Rights for Investment Firms Regulations

S.L. 370.12 – Investment Services Act (Performance Fees) Regulations

S.L. 370.13 – European Passport Rights for Persons Operating Multilateral Trading Facilities Regulations

S.L. 370.14 – Investments Services Act (Tied Agents) Regulations

S.L. 370.15 – Investment Services Act (Supervisory Review) Regulations

S.L. 370.16 – Investment Services Act (Contractual Funds) Regulations

S.L. 370.18 – Investment Services Act (Marketing of UCITS) Regulations

S.L. 370.19 – Investment Services Act (UCITS Mergers) Regulations

S.L. 370.20 – Investment Services Act (UCITS Management Company Passport) Regulations

S.L. 370.21 – Investment Services Act (Marketing of Alternative Investment Funds) Regulations

S.L. 370.22 – Investment Services Act (Alternative Investment Fund Manager) (Passport) Regulations

S.L. 370.23 – Investment Services Act (Alternative Investment Fund Managers) Regulations

S.L. 370.24 – Investment Services Act (Alternative Investment Fund Manager) (Third Country) Regulations

S.L. 370.25 – CRD (Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.26 – Investment Services Act (European Venture Capital Funds) Regulations

S.L. 370.27 – Investment Services Act (European Social Entrepreneurship Funds) Regulations

S.L. 370.28 – Investment Services Act (Access to Emissions Allowance Auction) Regulations

S.L. 370.29 – Over-Reliance on Credit Rating Regulations

S.L. 370.30 – Investment Firms (Reorganisation and Winding-up) Regulations

S.L. 370.31 – Investment Services Act (European Long-Term Investment Funds) Regulations

S.L. 370.32 – Investment Services Act (Custodians of Collective Investment Schemes) Regulations

S.L. 370.33 – Investment Services Act (UCITS Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.34 – Investment Services Act (List of Notified AIFs) Regulations

L.N. 240 of 2021 – Investment Services Act (List of Notified AIFs) (Amendment) Regulations, 2021

S.L. 370.35 – Local Central Counterparties Access Regulations

S.L. 370.36 – Position Limits and Position Management Controls in Commodity Derivatives and Reporting Regulations

S.L. 370.37 – Data Reporting Services Regulations

S.L. 370.38 – Algorithmic Trading Regulations

S.L. 370.39 – Multilateral Trading Facilities and Organised Trading Facilities Regulations

S.L. 370.40 – Investment Services Act and Banking Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.41 – Markets in Financial Instruments Regulations

S.L. 370.42 – Investment Services Act (Tied Agents) Regulations

S.L. 370.43 – Investment Services Act (Provision of Investment Services and Activities by Third-Country Firms) Regulations

S.L. 370.44 – Investment Services Act (Money Market Funds) Regulations

S.L. 371.15 – Supervisory Consolidation Regulations

Rules pertaining to Licensed Activities

Part BI: Rules applicable to Investment Services Licence Holders which qualify as MiFID Firms

Appendix 1A – Financial Resources Requirements and Guidance on the compilation of the Financial Return for Category 1, Category 2 (which qualify as Fund Managers) and Category 4b Investment Services Licence Holder

Appendix 1B – Capital Resources Requirement and Guidance on the compilation of the automated COREP Return for Category 2 (which qualify as MiFID Firms), Category 3 and Category 4a Investment Services Licence Holders

Appendix 1C – Capital Buffers Requirement Applicable to Category 3 Investment Services Licence Holders

Annex 1 to Appendix 1 – Specimen Subordinated Loan Agreement

Appendix 2A – Financial Return for Category 1 & Category 4b (only)

Appendix 2C – Automated COREP Return

Appendix 3 – Consolidated Capital Resources Requirement and Guidance on the compilation of the automated COREP Return for Consolidations

Appendix 4 – Technical Criteria on the Disclosure Requirements for Investment Services Licence Holders

Appendix 5 – Penalties

Appendix 6 – Insurance Covers

Appendix 7 – Record Keeping

Appendix 8 – Transaction Reporting

Appendix 8 – Transaction Reporting

 Appendix 9 – Definition of ‘Close Links’

 Appendix 10 – Requirements on Risk Management and Internal Capital Adequacy Assessment for Investment Services Licence Holders

 Appendix 11 – Supplementary Licence Conditions on Risk Management, Counterparty Risk Exposure and Issuer Concentration

 Appendix 12 – Remuneration Policy

 Appendix 13 – Transparency Requirements

 Appendix 16 – Complaints handling

In this section you will find the Consultation Documents issued by the MFSA and which are of interest to investment firms These documents are issued to explain to the industry any new regulatory requirements which the Authority may be proposing to implement and the manner in which these will be implemented. During the consultation period, investment firms will have the opportunity to provide their feedback which the Authority will review. Following the consultation period, the Authority may issue the Feedback statement with a summary of the comments received in the course of the consultation period on that particular topic and the final position of the Authority with respect to the matters forming the subject of the consultation.

As part of the Authority’s responsibility to supervise the conduct of business of insurance undertakings and insurance intermediaries, the Authority often engages with these entities through different venues. In this regard frequently asked questions are regularly issued by the MFSA to the industry to provide guidance as to how these entities may meet their regulatory requirements as well as other feedback as deemed necessary. Regulatory FAQs also serve to communicate any common deficiencies identified through the Authority’s supervisory function to all regulated entities.

04/09/2018          Frequently Asked Questions – MIFID II

 Investment Services Circulars

 

 

Conduct Supervision Circulars

 

In this section, you will find the Circulars issued by the Authority which are applicable to the conduct supervision of investment firms. These Circulars are a means of keeping the industry updated mainly on regulatory matters. Circulars may be issued to provide updates and clarifications in relation to requirements emanating from investments related regulatory requirements (for example the revised Markets in Financial Instruments Directive known as MiFIDII); to inform the industry on proposed changes to the existing requirements as indicated in the Conduct of Business Rulebook and to inform the industry on any relevant documents published by ESMA.

 

Conduct Supervision Investments Circulars

Fund Managers

In this section you will find the Acts of Parliament which lay down the framework of the regulatory regime applicable to investment firms. These provide for the regulatory structure for the supervision of these entities and include, amongst others, the powers of the Authority to grant, refuse, cancel and suspend licences issued to investment firms and to impose sanctions on these entities in specific circumstances. These would also contain enabling clauses allowing the Minister responsible for the regulation of financial services to issue subsidiary legislation as well as the MFSA, as competent authority, to issue Rules to further supplement the provisions in the main Act.

Subsidiary Legislation

S.L. 370.02 – Investment Services Act (Exemption) Regulations

S.L. 370.03 – Investment Services Act (Fees) Regulations

S.L. 370.04 – Investment Services Act (Prospectus of Collective Investment Schemes) Regulations

S.L. 370.05 – Investment Services Act (Control of Assets) Regulations

S.L. 370.06 – Investment Services Act (Recognition of Private Collective Investment Schemes) Regulations

S.L. 370.08 – Investment Services Act (Investment Advertisements and Prospectus Exemption) Regulations

S.L. 370.09 – Investor Compensation Scheme Regulations

S.L. 370.10 – European Passport Rights for Investment Firms Regulations

S.L. 370.12 – Investment Services Act (Performance Fees) Regulations

S.L. 370.13 – European Passport Rights for Persons Operating Multilateral Trading Facilities Regulations

S.L. 370.14 – Investments Services Act (Tied Agents) Regulations

S.L. 370.15 – Investment Services Act (Supervisory Review) Regulations

S.L. 370.16 – Investment Services Act (Contractual Funds) Regulations

S.L. 370.18 – Investment Services Act (Marketing of UCITS) Regulations

S.L. 370.19 – Investment Services Act (UCITS Mergers) Regulations

S.L. 370.20 – Investment Services Act (UCITS Management Company Passport) Regulations

S.L. 370.21 – Investment Services Act (Marketing of Alternative Investment Funds) Regulations

S.L. 370.22 – Investment Services Act (Alternative Investment Fund Manager) (Passport) Regulations

S.L. 370.23 – Investment Services Act (Alternative Investment Fund Managers) Regulations

S.L. 370.24 – Investment Services Act (Alternative Investment Fund Manager) (Third Country) Regulations

S.L. 370.25 – CRD (Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.26 – Investment Services Act (European Venture Capital Funds) Regulations

S.L. 370.27 – Investment Services Act (European Social Entrepreneurship Funds) Regulations

S.L. 370.28 – Investment Services Act (Access to Emissions Allowance Auction) Regulations

S.L. 370.29 – Over-Reliance on Credit Rating Regulations

S.L. 370.30 – Investment Firms (Reorganisation and Winding-up) Regulations

S.L. 370.31 – Investment Services Act (European Long-Term Investment Funds) Regulations

S.L. 370.32 – Investment Services Act (Custodians of Collective Investment Schemes) Regulations

S.L. 370.33 – Investment Services Act (UCITS Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.34 – Investment Services Act (List of Notified AIFs) Regulations

L.N. 240 of 2021 – Investment Services Act (List of Notified AIFs) (Amendment) Regulations, 2021

S.L. 370.35 – Local Central Counterparties Access Regulations

S.L. 370.36 – Position Limits and Position Management Controls in Commodity Derivatives and Reporting Regulations

S.L. 370.37 – Data Reporting Services Regulations

S.L. 370.38 – Algorithmic Trading Regulations

S.L. 370.39 – Multilateral Trading Facilities and Organised Trading Facilities Regulations

S.L. 370.40 – Investment Services Act and Banking Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.41 – Markets in Financial Instruments Regulations

S.L. 370.42 – Investment Services Act (Tied Agents) Regulations

S.L. 370.43 – Investment Services Act (Provision of Investment Services and Activities by Third-Country Firms) Regulations

S.L. 370.44 – Investment Services Act (Money Market Funds) Regulations

S.L. 371.15 – Supervisory Consolidation Regulations

Rules pertaining to Licensed Activities

 Part BII: Standard Licence Conditions applicable to Investment Services Licence Holders which qualify as UCITS Management Companies

 Part BIII: Standard Licence Conditions applicable to Investment Services Licence Holders which qualify as AIFMs

 Appendix 1A – Financial Resources Requirements and Guidance on the compilation of the Financial Return for Category 1, Category 2 (which qualify as Fund Managers) and Category 4b Investment Services Licence Holder

 Annex 1 to Appendix 1 – Specimen Subordinated Loan Agreement

 Appendix 2B – Financial Return for Fund Managers

 Appendix 4 – Technical Criteria on the Disclosure Requirements for Investment Services Licence Holders

 Appendix 5 – Penalties

 Appendix 6 – Insurance Covers

 Appendix 7 – Record Keeping

 Appendix 8 – Transaction Reporting

 Appendix 10 – Requirements on Risk Management and Internal Capital Adequacy Assessment for Investment Services Licence Holders

 Appendix 11 – Supplementary Licence Conditions on Risk Management, Counterparty Risk Exposure and Issuer Concentration

 Appendix 12 – Remuneration Policy

 Appendix 13 – Transparency Requirements

 Annex 1 – AIFM – Specific Information to be reported (Article 3(3) and Article 24(1) AIFMD)

 Annex 2 – AIF – Specific Information to be reported (Article 3(3) and Article 24(1) AIFMD)

 Annex 3 – AIF – Specific Information to be reported (Article 24(2) AIFMD)

 Annex 4 – AIF – Specific Information to be reported (Article 24(4) AIFMD)

 Annex 5 – Information on AIFs managed by the AIFM

 Appendix 16 – Complaints handling

 

Appendix 17 – Notified AIFs

 AIFM Notification Form

 

(a) Annex I: Pro-Forma Prospectuses

 Pro-Forma Prospectus of a multi-fund limited liability company with variable share capital

 Pro-Forma Prospectus of a Master-Feeder

 Pro-Forma Prospectus of a Contractual Fund

 

(b) Annex II: Resolution of the governing body of the AIF

 

(c) Annex III: AIFM self-certification

 

(d) Annex IV: Declaration Form for the AIFM and the governing body of the AIF

 

(e) Annex V: Declaration Form for AIFM regarding due diligence undertaken on the AIF’s service providers and governing body

Custodians / Depositaries

In this section you will find the Acts of Parliament which lay down the framework of the regulatory regime applicable to investment firms. These provide for the regulatory structure for the supervision of these entities and include, amongst others, the powers of the Authority to grant, refuse, cancel and suspend licences issued to investment firms and to impose sanctions on these entities in specific circumstances. These would also contain enabling clauses allowing the Minister responsible for the regulation of financial services to issue subsidiary legislation as well as the MFSA, as competent authority, to issue Rules to further supplement the provisions in the main Act.

Subsidiary Legislation

S.L. 370.02 – Investment Services Act (Exemption) Regulations

S.L. 370.03 – Investment Services Act (Fees) Regulations

S.L. 370.04 – Investment Services Act (Prospectus of Collective Investment Schemes) Regulations

S.L. 370.05 – Investment Services Act (Control of Assets) Regulations

S.L. 370.06 – Investment Services Act (Recognition of Private Collective Investment Schemes) Regulations

S.L. 370.08 – Investment Services Act (Investment Advertisements and Prospectus Exemption) Regulations

S.L. 370.09 – Investor Compensation Scheme Regulations

S.L. 370.10 – European Passport Rights for Investment Firms Regulations

S.L. 370.12 – Investment Services Act (Performance Fees) Regulations

S.L. 370.13 – European Passport Rights for Persons Operating Multilateral Trading Facilities Regulations

S.L. 370.14 – Investments Services Act (Tied Agents) Regulations

S.L. 370.15 – Investment Services Act (Supervisory Review) Regulations

S.L. 370.16 – Investment Services Act (Contractual Funds) Regulations

S.L. 370.18 – Investment Services Act (Marketing of UCITS) Regulations

S.L. 370.19 – Investment Services Act (UCITS Mergers) Regulations

S.L. 370.20 – Investment Services Act (UCITS Management Company Passport) Regulations

S.L. 370.21 – Investment Services Act (Marketing of Alternative Investment Funds) Regulations

S.L. 370.22 – Investment Services Act (Alternative Investment Fund Manager) (Passport) Regulations

S.L. 370.23 – Investment Services Act (Alternative Investment Fund Managers) Regulations

S.L. 370.24 – Investment Services Act (Alternative Investment Fund Manager) (Third Country) Regulations

S.L. 370.25 – CRD (Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.26 – Investment Services Act (European Venture Capital Funds) Regulations

S.L. 370.27 – Investment Services Act (European Social Entrepreneurship Funds) Regulations

S.L. 370.28 – Investment Services Act (Access to Emissions Allowance Auction) Regulations

S.L. 370.29 – Over-Reliance on Credit Rating Regulations

S.L. 370.30 – Investment Firms (Reorganisation and Winding-up) Regulations

S.L. 370.31 – Investment Services Act (European Long-Term Investment Funds) Regulations

S.L. 370.32 – Investment Services Act (Custodians of Collective Investment Schemes) Regulations

S.L. 370.33 – Investment Services Act (UCITS Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.34 – Investment Services Act (List of Notified AIFs) Regulations

L.N. 240 of 2021 – Investment Services Act (List of Notified AIFs) (Amendment) Regulations, 2021

S.L. 370.35 – Local Central Counterparties Access Regulations

S.L. 370.36 – Position Limits and Position Management Controls in Commodity Derivatives and Reporting Regulations

S.L. 370.37 – Data Reporting Services Regulations

S.L. 370.38 – Algorithmic Trading Regulations

S.L. 370.39 – Multilateral Trading Facilities and Organised Trading Facilities Regulations

S.L. 370.40 – Investment Services Act and Banking Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.41 – Markets in Financial Instruments Regulations

S.L. 370.42 – Investment Services Act (Tied Agents) Regulations

S.L. 370.43 – Investment Services Act (Provision of Investment Services and Activities by Third-Country Firms) Regulations

S.L. 370.44 – Investment Services Act (Money Market Funds) Regulations

S.L. 371.15 – Supervisory Consolidation Regulations

Funds

Subsidiary Legislation

S.L. 370.02 – Investment Services Act (Exemption) Regulations

S.L. 370.03 – Investment Services Act (Fees) Regulations

S.L. 370.04 – Investment Services Act (Prospectus of Collective Investment Schemes) Regulations

S.L. 370.05 – Investment Services Act (Control of Assets) Regulations

S.L. 370.06 – Investment Services Act (Recognition of Private Collective Investment Schemes) Regulations

S.L. 370.08 – Investment Services Act (Investment Advertisements and Prospectus Exemption) Regulations

S.L. 370.09 – Investor Compensation Scheme Regulations

S.L. 370.10 – European Passport Rights for Investment Firms Regulations

S.L. 370.12 – Investment Services Act (Performance Fees) Regulations

S.L. 370.13 – European Passport Rights for Persons Operating Multilateral Trading Facilities Regulations

S.L. 370.14 – Investments Services Act (Tied Agents) Regulations

S.L. 370.15 – Investment Services Act (Supervisory Review) Regulations

S.L. 370.16 – Investment Services Act (Contractual Funds) Regulations

S.L. 370.18 – Investment Services Act (Marketing of UCITS) Regulations

S.L. 370.19 – Investment Services Act (UCITS Mergers) Regulations

S.L. 370.20 – Investment Services Act (UCITS Management Company Passport) Regulations

S.L. 370.21 – Investment Services Act (Marketing of Alternative Investment Funds) Regulations

S.L. 370.22 – Investment Services Act (Alternative Investment Fund Manager) (Passport) Regulations

S.L. 370.23 – Investment Services Act (Alternative Investment Fund Managers) Regulations

S.L. 370.24 – Investment Services Act (Alternative Investment Fund Manager) (Third Country) Regulations

S.L. 370.25 – CRD (Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.26 – Investment Services Act (European Venture Capital Funds) Regulations

S.L. 370.27 – Investment Services Act (European Social Entrepreneurship Funds) Regulations

S.L. 370.28 – Investment Services Act (Access to Emissions Allowance Auction) Regulations

S.L. 370.29 – Over-Reliance on Credit Rating Regulations

S.L. 370.30 – Investment Firms (Reorganisation and Winding-up) Regulations

S.L. 370.31 – Investment Services Act (European Long-Term Investment Funds) Regulations

S.L. 370.32 – Investment Services Act (Custodians of Collective Investment Schemes) Regulations

S.L. 370.33 – Investment Services Act (UCITS Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.34 – Investment Services Act (List of Notified AIFs) Regulations

L.N. 240 of 2021 – Investment Services Act (List of Notified AIFs) (Amendment) Regulations, 2021

S.L. 370.35 – Local Central Counterparties Access Regulations

S.L. 370.36 – Position Limits and Position Management Controls in Commodity Derivatives and Reporting Regulations

S.L. 370.37 – Data Reporting Services Regulations

S.L. 370.38 – Algorithmic Trading Regulations

S.L. 370.39 – Multilateral Trading Facilities and Organised Trading Facilities Regulations

S.L. 370.40 – Investment Services Act and Banking Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.41 – Markets in Financial Instruments Regulations

S.L. 370.42 – Investment Services Act (Tied Agents) Regulations

S.L. 370.43 – Investment Services Act (Provision of Investment Services and Activities by Third-Country Firms) Regulations

S.L. 370.44 – Investment Services Act (Money Market Funds) Regulations

S.L. 371.15 – Supervisory Consolidation Regulations

Recognised Persons

Subsidiary Legislation

S.L. 370.02 – Investment Services Act (Exemption) Regulations

S.L. 370.03 – Investment Services Act (Fees) Regulations

S.L. 370.04 – Investment Services Act (Prospectus of Collective Investment Schemes) Regulations

S.L. 370.05 – Investment Services Act (Control of Assets) Regulations

S.L. 370.06 – Investment Services Act (Recognition of Private Collective Investment Schemes) Regulations

S.L. 370.08 – Investment Services Act (Investment Advertisements and Prospectus Exemption) Regulations

S.L. 370.09 – Investor Compensation Scheme Regulations

S.L. 370.10 – European Passport Rights for Investment Firms Regulations

S.L. 370.12 – Investment Services Act (Performance Fees) Regulations

S.L. 370.13 – European Passport Rights for Persons Operating Multilateral Trading Facilities Regulations

S.L. 370.14 – Investments Services Act (Tied Agents) Regulations

S.L. 370.15 – Investment Services Act (Supervisory Review) Regulations

S.L. 370.16 – Investment Services Act (Contractual Funds) Regulations

S.L. 370.18 – Investment Services Act (Marketing of UCITS) Regulations

S.L. 370.19 – Investment Services Act (UCITS Mergers) Regulations

S.L. 370.20 – Investment Services Act (UCITS Management Company Passport) Regulations

S.L. 370.21 – Investment Services Act (Marketing of Alternative Investment Funds) Regulations

S.L. 370.22 – Investment Services Act (Alternative Investment Fund Manager) (Passport) Regulations

S.L. 370.23 – Investment Services Act (Alternative Investment Fund Managers) Regulations

S.L. 370.24 – Investment Services Act (Alternative Investment Fund Manager) (Third Country) Regulations

S.L. 370.25 – CRD (Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.26 – Investment Services Act (European Venture Capital Funds) Regulations

S.L. 370.27 – Investment Services Act (European Social Entrepreneurship Funds) Regulations

S.L. 370.28 – Investment Services Act (Access to Emissions Allowance Auction) Regulations

S.L. 370.29 – Over-Reliance on Credit Rating Regulations

S.L. 370.30 – Investment Firms (Reorganisation and Winding-up) Regulations

S.L. 370.31 – Investment Services Act (European Long-Term Investment Funds) Regulations

S.L. 370.32 – Investment Services Act (Custodians of Collective Investment Schemes) Regulations

S.L. 370.33 – Investment Services Act (UCITS Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.34 – Investment Services Act (List of Notified AIFs) Regulations

L.N. 240 of 2021 – Investment Services Act (List of Notified AIFs) (Amendment) Regulations, 2021

S.L. 370.35 – Local Central Counterparties Access Regulations

S.L. 370.36 – Position Limits and Position Management Controls in Commodity Derivatives and Reporting Regulations

S.L. 370.37 – Data Reporting Services Regulations

S.L. 370.38 – Algorithmic Trading Regulations

S.L. 370.39 – Multilateral Trading Facilities and Organised Trading Facilities Regulations

S.L. 370.40 – Investment Services Act and Banking Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 370.41 – Markets in Financial Instruments Regulations

S.L. 370.42 – Investment Services Act (Tied Agents) Regulations

S.L. 370.43 – Investment Services Act (Provision of Investment Services and Activities by Third-Country Firms) Regulations

S.L. 370.44 – Investment Services Act (Money Market Funds) Regulations

S.L. 371.15 – Supervisory Consolidation Regulations

Trading Venues Operated by Market Operator

Subsidiary Legislation

S.L. 345.01 – Reduction in the Rate of Income Tax chargeable on Gains or Profits of Quoted Companies (Extension) Notice

S.L. 345.04 – Regulated Markets (Authorisation Requirements) Regulations

S.L. 345.05 – Regulated Markets and Central Securities Depositories (Fees) Regulations

S.L. 345.06 – Financial Markets Act (Membership and Access) Regulations

S.L. 345.08 – Transfer of Listed Financial Instruments Regulations

S.L. 345.11 – European Rights for Regulated Markets Regulations

S.L. 345.13 – Central Securities Depository (Control of Assets) Regulations

S.L. 345.15 – Financial Markets Act (Credit Rating Agencies) Regulations

S.L. 345.17 – Financial Markets Act (OTC Derivatives, Central Counterparties and Trade Repositories) Regulations

S.L. 345.18 – Central Counterparties Access Regulations

S.L. 345.19 – Position Limits and Position Management Controls in Commodity Derivatives and Reporting Regulations

S.L. 345.20 – Financial Markets Act (SME Growth Markets) Regulations

S.L. 345.21 – Data Reporting Services Regulations

S.L. 345.22 – Financial Markets Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 345.23 – Algorithmic Trading Regulations

S.L. 345.24 – Multilateral Trading Facilities and Organised Trading Facilities Regulations

S.L. 345.25 -Markets in Financial Instruments Regulations

S.L. 345.26 – Financial Markets Act (CSDR Administrative Penalties, Measures and Investigatory Powers) Regulations

Data Reporting Services Providers

Subsidiary Legislation

S.L. 345.01 – Reduction in the Rate of Income Tax chargeable on Gains or Profits of Quoted Companies (Extension) Notice

S.L. 345.04 – Regulated Markets (Authorisation Requirements) Regulations

S.L. 345.05 – Regulated Markets and Central Securities Depositories (Fees) Regulations

S.L. 345.06 – Financial Markets Act (Membership and Access) Regulations

S.L. 345.08 – Transfer of Listed Financial Instruments Regulations

S.L. 345.11 – European Rights for Regulated Markets Regulations

S.L. 345.13 – Central Securities Depository (Control of Assets) Regulations

S.L. 345.15 – Financial Markets Act (Credit Rating Agencies) Regulations

S.L. 345.17 – Financial Markets Act (OTC Derivatives, Central Counterparties and Trade Repositories) Regulations

S.L. 345.18 – Central Counterparties Access Regulations

S.L. 345.19 – Position Limits and Position Management Controls in Commodity Derivatives and Reporting Regulations

S.L. 345.20 – Financial Markets Act (SME Growth Markets) Regulations

S.L. 345.21 – Data Reporting Services Regulations

S.L. 345.22 – Financial Markets Act (MiFID and MiFIR Administrative Penalties, Measures and Investigatory Powers) Regulations

S.L. 345.23 – Algorithmic Trading Regulations

S.L. 345.24 – Multilateral Trading Facilities and Organised Trading Facilities Regulations

S.L. 345.25 -Markets in Financial Instruments Regulations

S.L. 345.26 – Financial Markets Act (CSDR Administrative Penalties, Measures and Investigatory Powers) Regulations

Securitisation

Click on the link below for Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017 laying down a general framework for securitisation.

 

Regulation

Capital Markets

Listing Rules

Listing Rules – Amended Chapters

Amendments to the Listing Rules as at 2nd March 2021:

Circular 01/2021

Amended Listing Rules

 

Amendments to the Listing Rules as at 24th December 2020:

Circular 01/2020

Amended Listing Rules

 

Amendments to the Listing Rules as at 1st July 2019:

Circular 06/2019

Amended Listing Rules

 

Amendments to the Listing Rules as at 13th February 2019:

Circular 04/2019

Amended Listing Rules

 

Amendments to the Listing Rules as at 27th November 2018:

Circular 15/2018

Amended Listing Rules

 

Amendments to the Listing Rules as at 25th May 2018:

Circular 05/2018

Amended Listing Rules

 

Amendments to the Listing Rules as at 24th April 2018:

Circular 03/2018

Amended Listing Rules

 

Amendments to the Listing Rules as at 6th March 2018:

Circular 01/2018

Amended Listing Rules

 

Amendments to the Listing Rules as at 28th November 2017:

Circular 12/2017​

Amended Listing Rules

 

Amendments to the Listing Rules as at 1st December 2016:

Explanatory Note – Circular 05/2016

Appendix 1 – Chapter 5

 

Amendments to the Listing Rules as at 11th August 2016:

Explanatory Note – Circular 01/2016

Appendix 1 – Chapter 5

 

Amendments to the Listing Rules as at 17th June 2016:

Feedback Statement issued further to Industry Responses to MFSA Consultation Document on Amendments to the Listing Rules Implementing Audit Committee Requirements

Appendix 1 – Definitions

Appendix 2 – Chapter 5

 

Amendments to the Listing Rules as at 19 November 2015:

Explanatory Note – Circular 01/2015

Appendix 1 – Changes to Index and Definitions of Listing Rules

Appendix 2 – Chapter 1

Appendix 3 – Chapter 5

Appendix 4 – Chapter 8

Appendix 5 – Chapter 10

 

Amendments to Listing Rules as at 29 April 2014:

Explanatory Note – Circular 01/2014

Appendix 1 – Chapter 1

Appendix 2 – Chapter 4

 

Amendments to Listing Rules as at 12 December 2012:

Explanatory Note – Circular 01/2013

Changes to Index and Definitions of Listing Rules

Appendix 1 – Chapter 1

Appendix 2 – Chapter 10

 

Amendments to Listing Rules as at 30 July 2012:

Explanatory Note – Circular 02/2012

Appendix 1 – Explanatory Note – Circular 02/2012

 

Amendments to Listing Rules as at 31 January 2012:

Explanatory Note – Circular 01/2012

Changes to Index and Definitions of Listing Rules

Appendix 1 – Chapter 4

 

Amendments to Listing Rules as at 3 June 2011:

Explanatory Note – Circular 01/2011

 

Changes to Index and Definitions of Listing Rules:

Appendix 1 – Chapter 1

Appendix 2 – Chapter 2

Appendix 3 – Chapter 3

Appendix 4 – Chapter 4

Appendix 5 – Chapter 5

Appendix 6 – Chapter 6

Appendix 7 – Chapter 8

Amendments to MFSA Listing Rules as at 16 November 2010

 

Amendments to Listing Rules as at 11 January 2010:

Explanatory Note – Circular 01/2010

Changes to Index and Definitions of Listing Rules

Appendix 1 – Chapter 8

Appendix 2 – Chapter 19

Amendments to MFSA Listing Rules as at 6 October 2008

 

Amendments to Listing Rules as on 30 June 2008:

Explanatory Note – Circular 01/2008

Changes to Index and Definitions of Listing Rules

Appendix 1 – Changes to Chapter 8

Appendix 2 – Changes to Chapter 9

Appendix 3 – Changes to Chapter 15

 

Amendments to Listing Rules as on 1 March 2007:

Amendments to MFSA Listing Rules as on 1 March 2007

 

Amendments to Listing Rules as on 19 June 2006:

Amendments to MFSA Listing Rules as on 19 June 2006

 

Amendments to Listing Rules as on 29 November 2005:

Amendments to MFSA Listing Rules as on 29 November 2005

 

Amendments to Listing Rules as on 15 December 2004:

Amendments to MFSA Listing Rules as on 15 December 2004

 

Amendments to Listing Rules as on 10 December 2004:

Amendments to MFSA Listing Rules as on 10 December 2004

 

Amendments to Listing Rules as on 17 November 2004:

Amendments to MFSA Listing Rules as on 17 November 2004

 

Amendments to Listing Rules as on 19 October 2004:

Amendments to MFSA Listing Rules as on 19 October 2004

 

Amendments to Listing Rules as on 23 August 2004:

Amendments to MFSA Listing Rules as on 23 August 2004

Prospectuses - Admissibility to Listing

Click here for archive prospectuses.

Listed CompanyPublished ProspetusesDate of Approval
Brown’s Pharma Holdings plc Registration Document dated 10 June 2021

Securities Note dated 10 June 2021

Summary Note dated 10 June 2021
10/06/2021
GO p.l.c. Registration Document dated 25 May 2021

Securities Note dated 25 May 2021

Summary Note dated 25 May 2021
25/05/2021
LifeStar Insurance p.l.c. Prospectus dated 6 May 2021

Supplement date 27 May 2021
06/05/2021
LifeStar Insurance p.l.c. Prospectus dated 4 May 2021

Supplement date 27 May 2021
04/05/2021
RS2 Software p.l.c. Supplement dated 30 March 2021

Registration Document dated 19 February 2021

Securities Note dated 19 February 2021

Summary Note dated 19 February 2021
30/03/2021


19/02/2021
Smartcare Finance p.l.c. Registration Document dated 19 February 2021

Securities Note dated 19 February 2021

Summary Note dated 19 February 2021
19/02/2021
Gap Group p.l.c. Registration Document dated 20 November 2020

Securities Note dated 20 November 2020

Summary Note dated 20 November 2020
20/11/2020
APS Bank plc Prospectus dated 02 November 202002/11/2020
Cablenet Communication Systems plc Registration Document dated 21 July 2020

Securities Note dated 21 July 2020

Summary Note dated 21 July 2020
21/07/2020
Mediterranean Investments Holding plc Registration Document dated 01 July 2020

Securities Note dated 01 July 2020

Summary Note dated 01 July 2020
01/07/2020
Shoreline Mall p.l.c. Registration Document dated 18 June 2020

Securities Note dated 18 June 2020

Summary Note dated 18 June 2020
18/06/2020
AX Group p.l.c. Registration Document dated 22nd November 2019

Securities Note dated 22nd November 2019

Summary Note dated 22nd November 2019
22/11/2019
Harvest Technology p.l.c. Registration Document dated 18th November 2019

Securities Note dated 18th November 2019

Summary Note dated 18th November 2019
18/11/2019
MeDirect Bank (Malta) plc Registration Document dated 7th October 2019

Securities Note dated 7th October 2019

Summary Note dated 7th October 2019
07/10/2019
Trident Estates p.l.c. Prospectus dated 7th October 201907/10/2019
Hili Finance Company p.l.c. Registration Document dated 18th July 2019

Securities Note dated 18th July 2019

Summary Note dated 18th July 2019
18/07/2019
Merkanti Holding p.l.c. Prospectus dated 18th July 201918/07/2019
Stivala Group Finance p.l.c. Registration Document dated 18th July 2019

Securities Note dated 18th July 2019

Summary Note dated 18th July 2019
18/07/2019
Together Gaming Solutions p.l.c. Prospectus dated 21st June 201921/06/2019
TUM Finance plc Registration Document dated 3rd June 2019

Registration Document Annex 1 (Part 1) dated 3rd June 2019

Registration Document Annex 1 (Part 2) dated 3rd June 2019

Securities Note dated 3rd June 2019

Summary Note dated 3rd June 2019
03/06/2019
Bank of Valletta plc Registration Document dated 3rd June 2019

Securities Note dated 3rd June 2019

Summary Note dated 3rd June 2019

Supplement dated 26th June 2019
03/06/2019
SP Finance plc Registration Document dated 8th April 2019

Securities Note dated 8th April 2019

Summary Note dated 8th April 2019
08/04/2019
ENDO Finance plc Registration Document dated 6th March 2019

Securities Note dated 6th March 2019

Summary Note dated 6th March 2019
06/03/2019
Mercury Projects Finance Plc Registration Document dated 4th March 2019

Securities Note dated 4th March 2019

Summary Note dated 4th March 2019
04/03/2019
International Hotel Investments Plc Registration Document dated 4th March 2019

Securities Note dated 4th March 2019

Summary Note dated 4th March 2019
04/03/2019
GAP Group Plc Registration Document dated 4th March 2019

Securities Note dated 4th March 2019

Summary Note dated 4th March 2019
04/03/2019
BMIT Technologies plc Registration Document dated 7th January 2019

Securities Note dated 7th January 2019

Summary Note dated 7th January 2019
07/01/2019
Best Deal Properties Holding Plc Registration Document dated 3rd December 2018

Securities Note dated 3rd December 2018

Summary Note dated 3rd December 2018
03/12/2018
Phoenicia Finance Company Plc
Registration Document dated 15th November 2018

Securities Note dated 15th November 2018

Summary Note dated 15th November 2018
15/11/2018
Melite Finance Plc Registration Document dated 12th November 2018

Securities Note dated 12th November 2018

Summary Note dated 12th November 2018
12/11/2018
Exalco Finance Plc Registration Document dated 31st July 2018

Securities Note dated 31st July 2018

Summary Note dated 31st July 2018
31/07/2018
Hili Finance Company Plc Registration Document dated 4th July 2018

Securities Note dated 4th July 2018

Summary Note dated 4th July 2018
04/07/2018
Main Street Complex plc Registration Document dated 23rd April 2018

Securities Note dated 23rd April 2018

Summary Note dated 23rd April 2018
23/04/2018
Hudson Malta plc Registration Document dated 23rd March 2018

Securities Note dated 23rd March 2018

Summary Note dated 23rd March 2018
23/03/2018
FIMBank plc Prospectus dated 23 March 201823/03/2018
Trident Estates Plc Registration Document dated 18th December 2017

Securities Note dated 18th December 2017

Summary Note dated 18th December 2017
18/12/2017
Bank of Valletta P.L.C. Registration Document dated 30th October 2017

Securities Note dated 30th October 2017

Summary Note dated 30th October 2017
30/10/2017
Bortex Group Finance PLC Registration Document dated 30th October 2017

Securities Note dated 30th October 2017

Summary Note dated 30th October 2017
30/10/2017
Virtu Finance p.l.c. Registration Document dated 30th October 2017

Securities Note dated 30th October 2017

Summary Note dated 30th October 2017
30/10/2017
Mediterranean Bank Plc Registration Document dated 25th September 2017

Securities Note dated 25th September 2017

Summary Note dated 25th September 2017
25/09/2017
Stivala Group Finance Plc Registration Document dated 25th September 2017

Securities Note dated 25th September 2017

Summary Note dated 25th September 2017
25/09/2017
Simonds Farsons Cisk Plc Registration Document dated 31st July 2017

Securities Note dated 31st July 2017

Summary Note dated 31st July 2017
31/07/2017
Grand Harbour Marina p.l.c. Registration Document dated 26 June 2017

Securities Note dated 26 June 2017

Summary Note dated 26 June 2017
26/06/2017
Central Business Centres Plc Base Prospectus dated 29th May 2017

Final Terms of Central Business Centres Plc dated 12th June 2017
29/05/2017
12/06/2017
Mediterranean Investments Holdings Plc Registration Document dated 29th May 2017

Securities Note dated 29th May 2017

Summary Note dated 29th May 2017
29/05/2017
Tumas Investments Plc Registration Document dated 29th May 2017

Securities Note dated 29th May 2017

Summary Note dated 29th May 2017
29/05/2017
PG Plc Registration Document dated 27th March 2017

Securities Note dated 27th March 2017

Summary Note dated 27th March 2017
27/03/2017
Eden Finance Plc Registration Document dated 27th March 2017

Securities Note dated 27th March 2017

Summary Note dated 27th March 2017
27/03/2017
SD Finance Plc Registration Document dated 27th March 2017

Securities Note dated 27th March 2017

Summary Note dated 27th March 2017
27/03/2017
Von Der Heyden Group Finance Plc Registration Document dated 30th January 2017

Securities Note dated 30th January 2017

Summary Note dated 30th January 2017
30/01/2017
International Hotel Investments Plc Registration Document dated 21st November

Securities Note dated 21st November

Summary Note dated 21st November
21/11/2016
Premier Capital Plc Registration Document dated 21st October

Securities Note dated 21st October

Summary Note dated 21st October
21/10/2016
Dizz Finance plc Registration Document dated 16th September

Securities Note dated 16th September

Summary Note dated 16th September
16/09/2016
Gap Group plc Registration Document dated 16th September

Securities Note dated 16th September

Summary note dated 16th September
16/09/2016
Mediterranean Maritime Hub Finance plc Registration Document dated 16th September

Securities Note dated 16th September

Summary note dated 16th September
16/09/2016
Plaza Centres p.l.c Registration Document dated 11 August 2016

Securities Note dated 11 August 2016

Summary Note dated 11 August 2016
11/08/2016
International Hotel Investments plc Registration Document dated 28 June 2016

Securities Note dated 28 June 2016

Summary Note dated 28 June 2016
28/06/2016
MIDI plc Registration Document dated 28 June 2016

Securities Note dated 28 June 2016

Summary Note dated 28 June 2016
12/05/2016
GlobalCapital plc Prospectus dated 12th May 201604/03/2016
Corinthia Finance p.l.c. Registration Document dated 18th March 2016

Securities Note dated 18th March 2016

Summary Note dated 18th March 2016
18/03/2016
GlobalCapital plc Registration Document dated 4th March 2016

Securities Note dated 4th March 2016

Summary Note dated 4th March 2016
04/03/2016
Medserv p.l.c. Prospectus dated 21 December 2015 21/12/2015
Central Business Centres plc Supplement dated 4th December 2015

Final Terms dated 4th December 2015
04/12/2015
Bank of Valletta p.l.c. Final Terms Series No:1/2015 Tranche No:2 dated 19 February 2016

Final Terms Series No: 2/2015 Tranche No:2 dated 19 February 2016

Base Prospectus dated 16 October 2015

Supplement dated 9 November 2015

Final Terms Series No:1/2015 Tranche No:1 dated 10 November 2015

Final Terms Series No: 2/2015 Tranche No: 1 dated 10 November 2015
16/10/2015
9/11/2015
Malta Properties Company p.l.c. Registration Document dated 16th October 2015

Securities Note dated 16th October 2015

Summary Note dated 16th October 2015
16/10/2015
Hili Properties plc Registration Document dated 18th September 2015

Securities Note dated 18th September 2015

Summary Note dated 18th September 2015
18/09/2015
6PM Holdings plc Registration Document dated 8th July 2015

Securities Note dated 8th July 2015

Summary Note dated 8th July 2015
08/07/2015
Mediterranean Investments Holding p.l.c. Registration Document dated 1st July 2015

Securities Note dated 1st July 2015

Summary Note dated 1st July 2015
01/07/2015
Izola Bank p.l.c. Summary Note dated 18th May 2015

Registration Document dated 18th May 2015

Securities Note dated 18th May 2015
18/05/2015
International Hotel Investments p.l.c. Summary Note dated 10th April 2015

Registration Document dated 10th April 2015

Securities Note dated 10th April 2015
10/04/2015
Central Business Centres p.l.c. Base Prospectus dated 05 December 2014

Final Terms dated 22 December 2014
22/12/2014
Mediterranean Bank plc Registration Document dated 3rd November 2014

Securities Note dated 3rd November 2014

Summary Note dated 3rd November 2014

Addendum dated 10th November 2014
03/11/2014
PTL Holdings p.l.c. Registration Document dated 3rd November 2014

Securities Note dated 3rd November 2014

Summary Note dated 3rd November 2014
03/11/2014
Hal Mann Vella Group p.l.c. Registration Document dated 6th October 2014

Securities Note dated 6th October 2014

Summary Note dated 6th October 2014
06/10/2014
United Finance p.l.c. Registration Document dated 6th October 2014

Securities Note dated 6th October 2014

Summary Note dated 6th October 2014
06/10/2014
Santumas Shareholdings p.l.c. Registration Document dated 6th October 2014

Securities Note dated 6th October 2014

Summary Note dated 6th October 2014
06/10/2014
Pefaco International Plc Prospectus dated 16th July 2014 16/07/2014
Tumas Investments Plc. Registration Document dated 7th July 2014

Securities Note dated 7th July 2014

Summary Note dated 7th July 2014
07/07/2014
Mediterranean Investments Holding Plc. Registration Document dated 2nd June 2014

Securities Note dated 2nd June 2014

Summary Note dated 2nd June 2014
02/06/2014
Mariner Finance p.l.c. Registration Document dated 2nd June 2014

Securities Note dated 2nd June 2014

Summary Note dated 2nd June 2014
02/06/2014
FIMBank p.l.c. Prospectus dated 3 June 2014 02/06/2014
Island Hotels Group Holdings Plc Registration Document dated 6th May 2014

Securities Note dated 6th May 2014

Summary Note dated 6th May 2014
05/05/2014
Pendergardens Developments plc Registration Document dated 5th May 2014

Securities Note dated 5th May 2014

Summary Note dated 5th May 2014
05/05/2014
AX Investments p.l.c. Prospectus dated 3rd February 2014 03/02/2014
International Hotel Investments p.l.c. Prospectus dated 21/10/2013 18/10/2013
Gasan Finance Company P.L.C. Prospectus dated 18 October 2013 18/10/2013
MEDSERV P.L.C. Base Prospectus dated 12th August 2013

Supplement dated 30th August 2013

Supplement dated 7 April 2014

Final Terms dated 7 April 2014 - Series 1/2013, Tranche 1

Final Terms dated 7 April 2014 - Series No: 1 Tranche No: 2
12/08/2013
07/04/2014
Mediterranean Bank plc Prospectus dated 12th June 2013 - The published prospectus is made up of Summary Note and Securities Note dated 12th June 2013 and the Registration Document dated 21 November 2012 12/06/2013
Tigné Mall p.l.c. Prospectus dated 20th March 2013 18/03/2013
A25 Gold Producers Corp. Prospectus dated 21st December 2012 21/12/2012
Mediterranean Bank plc Prospectus dated 21st November 2012 21/11/2012
International Hotel Investments plc Prospectus dated 16th November 2012 16/11/2012
Malita Investments plc Prospectus dated 2nd July 2012 02/07/2012

Prospectuses - Admissibility on WSM

Listed Company Published ProspectusDate Of Approval
D Foods Finance p.l.c. Base Prospectus date 21st July 2020

Final Terms dated 21st July 2020
21/07/2020
Hom Re Limited Registration Document dated 10 March 2020

Securities Note dated 10 March 2020
10/03/2020
Axion Securitisation SCC Plc – ARN High Yield 1 Cell Base Prospectus date 23rd January 201923/01/2019
G2G Plc Base Prospectus date 23rd January 2019

Final Terms dated 3rd April 2019
23/01/2019
Vera Emptio GmbH
Registration Document dated 3rd September 2018

Securities Note – Junior Bond dated 3rd September 2018

Securities Note – Senior Bond dated 3rd September 2018
03/09/2018
True Sale GmbH
Registration Document dated 31st August 2018

Securities Note – Junior Bond dated 31st August 2018

Securities Note – Senior Bond dated 31st August 2018
31/08/2018
Helix SCC Plc Supplement dated 9th August 2018 09/08/2018
Turku Marine Industry Holdings OY Registration Document dated 25/05/2018

Securities Note dated 25/05/2018
25/05/2018
TURUN TELAKKAKIINTEISTÖT OY Registration Document dated 25/05/2018

Securities Note dated 25/05/2018
25/05/2018
MRP MARITIME RISK PROTECTION GMBH Registration Document dated 26/04/2018

Securities Note date 26/04/2018
26/04/2018
Investar Plc Supplement dated 22nd December 2017 22/12/2017
Helix SCC Plc Base Prospectus dated 18th December 2017

Final Terms dated 18th December 2017
18/12/2017
Arkadia Securitisation SCC Limited Base Prospectus dated 1st December 2017

Final Terms dated 1st December 2017
01/12/2017
Innovation Financial Solutions (IFS) Plc Base Prospectus dated 6th October 2017 06/10/2017
PCAM Issuance III S.A. Supplement dated 13th October 2017 17/10/2017
Investar Plc Supplement dated 15th September 2017 15/09/2017
PCAM Issuance III S.A. Base Prospectus (An offering programme for the issuance of profit contingent secured bonds) dated 24th August 2017 24/08/2017
Investar Plc Prospectus dated 23rd June 2017 23/06/2017
Mata Finance Plc Base Prospectus dated 18/05/2017 18/05/2017
London Capital and Finance Plc Supplement dated 18/05/201718/05/2017
NPL SECURITISATION EUROPE SPV S.r.l. rospectus dated 03/02/2017 03/02/2017
Quasar Systems S.A. Registration Document dated 31/01/2017

Securities Note dated 31/01/2017
31/01/2017
Helix SCC plc Supplement dated 20/01/2017

Final Terms dated 23/01/2017
20/01/2017
23/01/2017
Ferratum Bank PLC
Base Prospectus dated 14/12/2016

Final Terms dated 22/06/2017

Final Terms dated 15/12/2016
14/12/2016
22/06/2017
15/12/2016
Helix SCC plc Base Prospectus dated 1/10/2016

Final Terms dated 28/12/2016
1/10/2016
28/12/2016
London Capital & Finance plc Base Prospectus dated 18/10/2016 18/10/2016
Innovation Financial Solutions (IFS) p.l.c. Supplement dated 8th July 201608/07/2016
Pantheon Securities SCC plc Registration Document dated 27 April 2016 27/04/2016
Innovation Financial Solutions (IFS) p.l.c. Final Terms dated 17 February 2016

Base Prospectus dated 16 February 2016
17/02/2016
16/02/2016
Investar p.l.c.
Supplement dated 29th February 2016

Prospectus dated 12th January 2016
29/02/2016
12/01/2016
Commonwealth Securitisations plc The published prospectus is made up of a Securities Note dated 16th November 2015 and a Registration Document dated 29th July 2015 16/11/2015
Delta1 Securities plcThe published prospectus is made up of a Securities Note dated 6th October 2015 and a Registration Document dated 13th October 2014. 06/10/2015
Innovation Financial Solutions (IFS) p.l.c. Final Terms dated 19 August 2015
Commonwealth Securitisations plc Registration Document dated 29 July 2015

Securities Note dated 29 July 2015
29/07/2015
Ferratum Bank p.l.c. Base Prospectus dated 17/07/2015

Final terms dated 22/06/2015
17/07/2015
Innovation Financial Solutions (IFS) p.l.c. Final Terms dated 6 July 2015
ETI Securities plc The published prospectus is made up of a Securities Note dated 28 April 2015 and a Registration Document dated 27 June 2014 28/04/2015
Quasar Systems SA


Registration Document dated 27th May 2015

Securities Note dated 27th May 2015

Supplement dated 17th November 2015
27/05/2015
Innovation Financial Solutions (IFS) p.l.c. Base Prospectus dated 26/11/2014

Supplement dated 5th February 2015

Final Terms dated 17 February 2015

Final Terms dated 8 May 2015
26/11/2014
05/02/2015
ETI Securities plc The published prospectus is made up of a Registration Document dated the 27th June 2014 and Securities Note dated 12th March 2015 12/03/2015
Delta1 Securities plc The published prospectus is made up of a Registration Document dated 13th October 2014 and the Securities Note dated 9th February 2015 09/02/2015
Delta1 Securities plc The published prospectus is made up of a Securities Note dated 8th January 2015 and the Registration Document dated the 13th October 2014 08/01/2015
Delta1 Securities plc Registration Document dated 13th October 2014

Securities Note dated 13th October 2014
13/10/2014
Pefaco International plc Supplement dated 17th October 2014

Prospectus dated 9 September 2014
17/10/2014
09/09/2014
ETI Securities plc
Registration Document dated 27th June 2014

Securities Note dated 27th June 2014
27/06/2014

Applications for Admissibility to Listing

Save for certain exemptions authorised under Regulation (EU) 2017/1129 of the European Parliament and of the Council (“the Regulation”), the approval and subsequent publication of a prospectus is required when securities are offered to the public or admitted to trading on a regulated market.

To this end, the conditions governing the Application for Admissibility to Listing are principally laid out in Chapter 4 of the Listing Rules, as published by the Listing Authority. Nevertheless, the process set out hereunder aims to summarise the procedure generally undertaken when submitting an Application for Admissibility Listing, including seeking approval of a prospectus.

Prior to submitting an application, it is recommended that the proposed issuer sets up a preliminary meeting with the Authority, together with the Sponsor and the main advisors to the proposed application. The primary scope of holding such a meeting is for all parties involved to openly discuss with the Authority the proposed application for admissibility to listing, and to identify any initial concerns that may be apparent at this stage of the process.

At this stage, it is also suggested that the Sponsor provides the Authority with an indicative timetable with regards to dates of submission of documentation and expectations for final approval, in order for the Authority to ensure adequate time and resources in processing the application appropriately.

Once the above has been established, the Authority would expect to receive the respective Notification Letter in terms of Listing Rule 4.1A, subsequent to which the Sponsor (on behalf of the issuer) would then submit all documentation as required by Listing Rule 4.2. Applicants for admissibility to listing of corporate debt securities aimed at local retail investors would also be expected to submit a Financial Due Diligence Report as per the Listing Authority Policies, the purpose of which is to demonstrate their financial soundness to the Listing Authority.

Where the draft documentation submitted does not meet the standards of completeness, comprehensibility and consistency necessary for approval, or where changes or supplementary information are required, the Authority shall inform the Sponsor of such, both in writing and by electronic means.

The turnaround times for the approval or refusal of a prospective application shall be in line with the terms assigned under the Regulation. The time limit set out in the Regulation shall only apply from the date on which the revised documentation as requested by the Authority are submitted satisfactorily.

For more information on submitting an Application for Admissibility to Listing, including seeking approval of a prospectus, please do not hesitate to contact us on [email protected].

Administrative Measures & Penalties

In terms of Article 17(1)(c) of the Financial Markets Act, the Listing Authority is required to immediately make public decisions taken in terms of Article 17(1)(a) of the Financial Markets Act, being the discontinuance or suspension of listing of financial instruments admitted to listing and trading on a regulated market. In terms of Article 41A of the Financial Markets Act, if it appears to the Listing Authority that a person has contravened any of the provisions of the Financial Markets Act or of any regulations made under the Financial Markets Act or has contravened or failed to comply with any condition, obligation, requirement, Financial Market Rules, Listing Rules or directives made or given under any of the provisions of the Financial Markets Act, the Listing Authority, may publish a statement to that effect indicating the natural person or the legal entity responsible and the nature of the breach.

Furthermore and in the case of Listing Rules transposing the Transparency Directive, the Listing Authority shall, by means of a public statement and without undue delay, publish every decision on sanctions and measures imposed for a breach of the Listing Rules transposing the Transparency Directive, including at least information on the type and nature of the breach and the identity of natural persons or legal entities responsible for it.

It is current practice that as soon as an issuer is notified of the Listing Authority’s decision to impose a penalty or to discontinue or suspend a listing of financial instruments admitted to listing and trading on a regulated market, the Listing Authority shall publish a notice of the sanction on its website and in such other media deemed appropriate in the circumstances.

Where and as applicable, and in terms of Article 41B of the Financial Markets Act, the notice published on the website will indicate clearly whether the penalty or sanction is currently being appealed against. These notices are intended as a summary of the Listing Authority’s decisions and, accordingly, are not the actual decisions themselves.

 

Date

Entity

Subject

25/10/2018

6PM Holdings p.l.c.

With effect from 25 October 2018 the Listing Authority has decided to impose an administrative penalty on 6PM Holdings p.l.c. of €27,000 in terms of Article 19 and Article 19A of the Financial Markets Act.


The following are the breaches identified by the Listing Authority in relation to 6PM Holdings p.l.c. compliance with the Listing Rules:


i. 6PM Holdings p.l.c. has failed to publish the Annual Financial Report for the year ended 31 December 2016 and 31 October 2017 respectively by not later than (4) months after the end of the financial year, respectively. This is a breach of Listing Rule 5.56 of the Listing Rules issued by the Listing Authority. The Annual Financial Report for the year ended 31 December 2016 was published on 10 October 2017. The Annual Financial Report for the year ended 31 October 2017 was published on 2 July 2018.


ii. 6PM Holdings p.l.c. has failed to publish the Half-Yearly Report covering period ending 30 June 2017 by not later than (2) two months after the end of the relevant period, that is, by not later than 31 August 2018. This is a breach of Listing Rule 5.85 of the Listing Rules issued by the Listing Authority. The Half-Yearly Report for the period ending 30 June 2017 was published on 9 February 2018.


This notice is being published in terms of Article 41A of the Financial Markets Act

19/04/2018

Pefaco International plc

With effect from 19th April 2018 the Listing Authority has decided to discontinue the listing of the shares of Pefaco International plc (MT0000800103) from the Malta Stock Exchange in terms of Articles 17(1)(a) of the Financial Markets Act and Listing Rule 1.21 of the Listing Rules issued by the Listing Authority. In addition, the Listing Authority has decided to impose an administrative penalty on Pefaco International plc of €60,000 in terms of Article 19 of the Financial Markets Act.


The following are the breaches identified by the Listing Authority in relation to Pefaco International p.l.c. compliance with the Listing Rules:


i. Pefaco International p.l.c. has failed to publish the Annual Financial Report for the year ended 31st December 2016 by not later than four (4) months after the end of the financial year. This is a breach of Listing Rule 5.56 of the Listing Rules issued by the Listing Authority. Pefaco International p.l.c. has been in breach of this Listing Rule since the end of April 2017.


ii. Pefaco International p.l.c. has failed to publish the Half-Yearly Report covering period ending 30th June 2017 by not later than two months after the end of the relevant period. This is a breach of Listing Rule 5.85 of the Listing Rules issued by the Listing Authority. Pefaco International p.l.c. has been in breach of this Listing Rule since the end of August 2017.


iii. Pefaco International p.l.c. has failed to publish a Company Announcement containing information on legal proceedings in which the company is involved with immediate effect as requested by the Listing Authority in terms of Listing Rule 1.11.


This decision is being published in terms of Article 17(1)(c) and Article 41A of the Financial Markets Act.

10/06/2014

A25 Gold Producers Corp

With effect from 6th June 2014, the Listing Authority has decided to discontinue the listing of A25 Gold Producers Corp in terms of Listing Rule 1.21 and Article 18 of the Financial Markets Act (Cap. 345)

05/04/2011

Mediterranean Investments Holding plc.

On the 15th October 2010, an administrative penalty of €30,000 was imposed on Mediterranean Investments Holdings plc. Mediterranean Investments Holding plc. was found in breach of the Listing Rules when it published a prospectus which contained changes not approved by the Listing Authority. The prospectus was published in connection with the issue of €30 million 7.15% bonds 2015 – 2017 subject to an increase by a further € 10 million in the case of exercise of an over-allotment option. The imposition of this administrative penalty is currently being appealed before the Financial Services Tribunal.

24/05/2010

Mediterranean Investments Holding plc.
.

On the 14th May, 2010 the Listing Authority has reprimanded Mediterranean Investments Holding p.l.c. (‘MIH’) following its breach of the July 2008 bond prospectus. The breach refers to MIH’s decision to re-direct €19 million of the proceeds from its July 2008 bond issue to the Palm City project instead of utilising them for the Medina Tower Project in line with the provisions of the prospectus and the Company Announcement of the 14th July, 2009. This reprimand is being published in terms of the powers vested in the MFSA and the Listing Authority, including article 41A of the Financial Markets Act, 1990

Annual Reports & Financial Statements - Listed Entities & Respective Guarantors

Listed Entities And Respective Guarantors Latest Accounts Previous Accounts
1923 Investments p.l.c. (formerly PTL Holdings p.l.c.)
6pm Holdings plc
APS Bank plc
AX Investments plc
AX Group plc
AX Holdings Limited (Guarantor of AX Investments plc)
Bank of Valletta plc
Best Deal Properties Holding plc
Best Deal Developments Limited
(Guarantor of Best Deal Properties Holding plc)
BMIT Technologies plc
Bortex Group Finance plc
Bortex Group Holdings Company Limited (Guarantor of Bortex Group Finance plc)

Cablenet Communication Systems plc
Central Business Centres plc
Corinthia Finance plc
Corinthia Palace Hotel Company Limited (Guarantor of Corinthia Finance plc and Mediterranean Investments Holding plc)
DIZZ Finance plc (formerly Dizz Rentals Limited)
Dizz Group of Companies Limited (Guarantor of Dizz Finance plc)
Eden Finance plc
Eden Leisure Group Limited (Guarantor of Eden Finance plc)
Endo Finance plc
International Fender Providers Ltd
(Guarantor of Endo Finance plc)
IFP International Fender Providers Limited
(Guarantor of Endo Finance plc)
Endo Properties Limited (formerly: P&C Limited)
(Guarantor of Endo Finance plc)
Exalco Finance plc
Exalco Properties Ltd (Guarantor of Exalco Finance plc)
Exalco Holdings Limited (Parent of Exalco Finance plc)
FIMBank plc
GAP Group plc
Gap Għargħur Limited (Guarantor of GAP Group plc)
GAP Luqa Limited (Guarantor of GAP Group plc)
Gap Mellieħa (I) Limited (Guarantor of GAP Group plc)
Gap Properties Limited
(Guarantor of GAP Group plc)
Geom Developments Limited (Guarantor of GAP Group plc)

Gasan Finance Company plc
LifeStar Holding plc (formerly Global Capital plc)
Go plc
Grand Harbour Marina plc
Hal Mann Vella Group plc
Sudvel Limited (Guarantor of Hal Mann Vella Group plc)
Hili Properties plc
Harbour (APM) Investments Limited
(Guarantor of Hili Properties plc)
Harvest Technology plc
Hili Estates Limited
(Guarantor of Hili Properties plc)
Hili Finance Company plc
Hili Ventures Limited
(Guarantor of Hili Finance Company plc)
HSBC Bank Malta plc
Hudson Malta plc
Hudson International Company Limited
(Guarantor of Hudson Malta plc)

Time International (Sport) Limited
(Guarantor of Hudson Malta plc)
International Hotel Investments plc
IHI Magyarország Zrt.
(Guarantor of International Hotel Investments Plc)

Izola Bank plc
Lombard Bank plc
Loqus Holdings plc (formerly Datatrak Holdings plc)
Main Street Complex plc
Malita Investments plc
Malta International Airport plc
MaltaPost Plc
Malta Properties Company plc.
Mapfre Middlesea plc (formerly Middlesea Insurance plc )
Mariner Finance plc
Mercury Projects Finance plc
Mercury Towers Limited
(Guarantor of Mercury Projects Finance plc)
Melite Finance plc
MeDirect Bank plc (formerly Mediterranean Bank plc)
Mediterranean Investments Holding plc
Mediterranean Maritime Hub Finance plc
MMH Holdings Limited (formerly Ablecare Oilfield Services Holdings Limited)

(Guarantor of Mediterranean Maritime Hub Finance plc)
Medserv Operations Limited (Guarantor of Medserv plc)
Medserv plc
Merkanti Holding plc
MIDI plc
Pefaco International plc
Pendergardens Developments plc
PG plc
Phoenicia Finance Company plc
Phoenicia Malta Limited
(Guarantor of Phoenicia Finance Company plc)
Phoenicia Hotel Company Limited
(Guarantor of Phoenicia Finance Company plc)
Plaza Centres plc
Premier Capital plc
RS2 Software plc
Santumas Shareholdings plc.
SD Finance plc
Shoreline Mall plc
SP Finance plc
Sea Pebbles Limited
(Guarantor of SP Finance plc)
SD Holdings Ltd
(Guarantor of SD Finance Plc)

Simonds Farsons Cisk plc
Smartcare Finance plc
Smartcare Holdings Limited
(Guarantor of Smartcare Finance plc)
Smartcare Pinto Limited
(Guarantor of Smartcare Finance plc)
Stivala Group Finance plc
Carmelo Stivala Group Limited
(Guarantor of Stivala Group Finance plc)

Tigne' Mall p.l.c. (formerly known as Tigne' Mall Limited)
Trident Estates plc
TUM Finance plc
Easysell
(Guarantor of TUM Finance plc)
Tumas Investments plc
Together Gaming Solutions plc
Spinola Development Company Limited
(Guarantor of Tumas Investments plc)



United Finance plc
Virtu Finance plc
Virtu Maritime Limited
(Guarantor of Virtu Finance plc)
Von Der Heyden Group Finance plc.
Timan Investments Holdings Limited (Guarantor of Von Der Heyden Group Finance plc.)

Annual Reports & Financial Statements - Previously Listed Entities & Respective Guarantors

Previously Listed Entities And Respective Guarantors Latest Accounts Previous Accounts
Crimsonwing plc
Island Hotels Group Holdings plc (Struck off following merger)
Melita Capital plc
Mizzi Organisation Finance plc
Consolidated Holdings Limited
(Guarantor of Mizzi Organisation Finance plc)

General Soft Drinks Company Limited
(Guarantor of Mizzi Organisation Finance plc)

Kastell Limited (Struck off following merger)
(Guarantor of Mizzi Organisation Finance plc)

Mizzi Holdings Limited
(Guarantor of Mizzi Organisation Finance plc)

PAVI Shopping Complex plc

Financial Analysis Summary (FAS)

In accordance with the Listing Authority policies dated 5 March 2013, the stockbroker appointed as Sponsor by the Issuer will be required to analyse and comment on the Issuer’s last three years financial accounts and the forecast for the year following the issue, summarising these in a document entitled the Financial Analysis Summary. Furthermore, the Issuer is required to ensure that the Financial Analysis Summary is updated annually not later than two months after the publication of the annual accounts.

Below please find the financial analysis summary published by the respective bond listed entities.

IssuerDateDocument
6PM Holdings plc30/04/2020
20/04/2019
26/11/2018
6PM Holdings p.l.c Financial Analysis Summary (2020)
6PM Holdings p.l.c Financial Analysis Summary (2019)
6PM Holdings p.l.c Financial Analysis Summary (2018)
1923 Investments plc28/08/2020
22/07/2019
21/06/2019
20/06/2018
28/06/2017
1923 Investments plc Financial Analysis Summary (2020)
1923 Investments p.l.c. (former PTL Holdings p.l.c) Financial Analysis Summary (Addendum to 2019)
1923 Investments p.l.c. (former PTL Holdings p.l.c) Financial Analysis Summary (2019)
1923 Investments p.l.c. (former PTL Holdings p.l.c) Financial Analysis Summary (2018)
1923 Investments p.l.c. (former PTL Holdings p.l.c) Financial Analysis Summary (2017)
AX Group plc23/06/2020 AX Group plc Financial Analysis Summary (2020)
AX Investments plc26/06/2020
29/03/2019
AX Investments plc Financial Analysis Summary (2020)
AX Investments plc Financial Analysis Summary (2019)
Best Deal Properties Holding plc26/06/2020 Best Deal Properties Holding plc Financial Analysis Summary (2020)
Bortex Group Finance plc30/06/2020
04/06/2019
29/04/2019
Bortex Group Finance plc Financial Analysis Summary (2020)
Bortex Group Finance plc Financial Analysis Summary (Addendum to 2019)
Bortex Group Finance plc Financial Analysis Summary (2019)
Central Business Centres plc24/06/2020
12/06/2019
15/06/2018
Central Business Centres plc Financial Analysis Summary (2020)
Central Business Centres plc Financial Analysis Summary (2019)
Central Business Centres plc Financial Analysis Summary (2018)
Central Business Centres plc Financial Analysis Summary (2017)
Corinthia Finance plc31/08/2020
30/08/2019
27/06/2018
28/06/2017
Corinthia Finance plc Financial Analysis Summary (2020)
Corinthia Finance plc Financial Analysis Summary (2019)
Corinthia Finance plc Financial Analysis Summary (2018)
Corinthia Finance plc Financial Analysis Summary (2017)
Dizz Finance plc14/07/2020
28/06/2019
Dizz Finance plc Financial Analysis Summary (2020)
Dizz Finance plc Financial Analysis Summary (2019)
Eden Finance plc31/08/2020
28/06/2019
20/06/2018
27/03/2017
Eden Finance plc Financial Analysis Summary (2020)
Eden Finance plc Financial Analysis Summary (2019)
Eden Finance plc Financial Analysis Summary (2018)
Eden Finance plc Financial Analysis Summary (2017)
Endo Finance plc31/08/2020 Endo Finance plc Financial Analysis Summary (2020)
Exalco Finance plc31/07/2020
19/08/2019
06/06/2019
Exalco Finance plc Financial Analysis Summary (2020)
Exalco Finance plc Financial Analysis Summary (Addendum to 2019)
Exalco Finance plc Financial Analysis Summary (2019)
GAP Group plc30/06/2020
28/06/2019
31/05/2018
31/05/2017
GAP Group plc Financial Analysis Summary (2020)
Gap Group plc Financial Analysis Summary (2019)
Gap Group plc Financial Analysis Summary (2018)
Gap Group plc Financial Analysis Summary (2017)
Gasan Finance Company plc28/06/2019
26/06/2018
26/06/2017
Gasan Finance Company plc Financial Analysis Summary (2019)
Gasan Finance Company plc Financial Analysis Summary (2018)
Gasan Finance Company plc Financial Analysis Summary (2017)
Global Capital plc07/09/2020
26/06/2018
20/06/2017
Global Capital plc Financial Analysis Summary (2020)
Global Capital plc Financial Analysis Summary (2018)
Global Capital plc Financial Analysis Summary (2017)
Grand Harbour Marina plc17/08/2020
27/05/2019
22/06/2018
Grand Harbour Marina plc Financial Analysis Summary (2020)
Grand Harbour Marina plc Financial Analysis Summary (2019)
Grand Harbour Marina plc Financial Analysis Summary (2018)
Hal Mann Vella Group plc26/06/2020
04/06/2019
24/05/2018
18/06/2017
Hal Mann Vella Group plc Financial Analysis Summary (2020)
Hal Mann Vella Group plc Financial Analysis Summary (2019)
Hal Mann Vella Group plc Financial Analysis Summary (2018)
Hal Mann Vella Group plc Financial Analysis Summary (2017)
Hili Finance Company plc01/09/2020
22/08/2019
28/06/2019
Hili Finance Company plc Financial Analysis Summary (2020)
Hili Finance Company plc Group Financial Analysis Summary (Addendum to 2019)
Hili Finance Company plc Group Financial Analysis Summary (2019)
Hili Properties plc28/08/2020
25/06/2019
20/06/2018
26/06/2017
Hili Properties plc Financial Analysis Summary (2020)
Hili Properties plc Financial Analysis Summary (2019)
Hili Properties plc Financial Analysis Summary (2018)
Hili Properties plc Financial Analysis Summary (2017)
Hudson Malta plc28/08/2020
30/06/2019
Hudson Malta Plc Financial Analysis Summary (2020)
Hudson Malta plc Financial Analysis Summary (2019)
International Hotel Investments plc31/08/2020
30/06/2019
27/06/2018
28/06/2017
International Hotel Investments plc Financial Analysis Summary (2020)
International Hotel Investments plc Financial Analysis Summary (2019)
International Hotel Investments plc Financial Analysis Summary (2018)
International Hotel Investments plc Financial Analysis Summary (2017)
Mariner Finance plc
27/05/2020
29/05/2019
Mariner Finance plc Financial Analysis Summary (2020)
Mariner Finance plc Financial Analysis Summary (2019)
Medserv plc15/07/2020
22/05/2019
11/05/2018
05/04/2017
Medserv plc Financial Analysis Summary (2020)
Medserv plc Financial Analysis Summary (2019)
Medserv plc Financial Analysis Summary (2018)
Medserv plc Financial Analysis Summary (2017)
MIDI plc23/06/2020
21/08/2019
21/06/2019
20/06/2018
19/06/2017
MIDI plc Financial Analysis Summary (2020)
MIDI Plc Financial Analysis Summary (Addendum to 2019)
MIDI Plc Financial Analysis Summary (2019)
MIDI Plc Financial Analysis Summary (2018)
MIDI Plc Financial Analysis Summary (2017)
Mediterranean Investments Holding plc26/06/2019
22/06/2018
29/05/2017
Mediterranean Investments Holding plc Financial Analysis Summary (2019)
Mediterranean Investments Holding plc Financial Analysis Summary (2018)
Mediterranean Investments Holding plc Financial Analysis Summary (2017)
Mediterranean Maritime Hub Finance plc25/06/2020
26/06/2019
26/06/2018
28/06/2017
Mediterranean Maritime Hub Finance plc Financial Analysis Summary (2020)
Mediterranean Maritime Hub Finance plc Financial Analysis Summary (2019)
Mediterranean Maritime Hub Finance plc Financial Analysis Summary (2018)
Mediterranean Maritime Hub Finance plc Financial Analysis Summary (2017)
Mercury Projects Finance plc31/08/2020 Mercury Projects Finance plc Financial Analysis Summary (2020)
Merkanti Holding plc30/06/2020 Merkanti Holding plc Financial Analysis Summary (2020)
Pendergardens Developments plc02/06/2020
12/06/2019
19/06/2018
15/06/2017
Pendergardens Developments plc Financial Analysis Summary (2020)
Pendergardens Developments plc Financial Analysis Summary (2019)
Pendergardens Developments plc Financial Analysis Summary (2018)
Pendergardens Developments plc Financial Analysis Summary (2017)
Phoenicia Finance Company plc
02/12/2020
28/09/2020
28/06/2019
Phoenicia Finance Company plc Financial Analysis Summary (Addendum to 2020)
Phoenicia Finance Company plc Financial Analysis Summary (2020)
Phoenicia Finance Company plc Financial Analysis Summary (2019)
Premier Capital plc26/08/2020
21/06/2019
25/06/2018
21/06/2017

Premier Capital plc Financial Analysis Summary (2020)
Premier Capital plc Financial Analysis Summary (2019)
Premier Capital plc Financial Analysis Summary (2018)
Premier Capital plc Financial Analysis Summary (2017)
SD Finance plc28/09/2020
27/09/2019
26/09/2018
SD Finance plc Financial Analysis Summary (2020)
SD Finance plc Financial Analysis Summary (2019)
SD Finance plc Financial Analysis Summary (2018)
Simonds Farsons Cisk plc23/09/2020
15/07/2019
16/07/2018
31/07/2017
Simonds Farsons Cisk plc Financial Analysis Summary (2020)
Simonds Farsons Cisk plc Financial Analysis Summary (2019)
Simonds Farsons Cisk plc Financial Analysis Summary (2018)
Simonds Farsons Cisk plc Financial Analysis Summary (2017)
Stivala Group Finance plc31/07/2020
27/06/2019
25/05/2018
Stivala Group Finance plc Financial Analysis Summary (2020)
Stivala Group Finance plc Financial Analysis Summary (2019)
Stivala Group Finance plc Financial Analysis Summary (2018)
SP Finance plc31/08/2020 SP Finance plc Financial Analysis Summary (2020)
Together Gaming Solutions plc11/09/2020 Together Gaming Solutions plc Financial Analysis Summary (2020)
TUM Finance plc31/08/2020 TUM Finance plc Financial Analysis Summary (2020)
Tumas Investments plc19/08/2020
28/06/2019
26/06/2018
29/05/2017
Tumas Investments plc Financial Analysis Summary (2020)
Tumas Investments plc Financial Analysis Summary (2019)
Tumas Investments plc Financial Analysis Summary (2018)
Tumas Investments plc Financial Analysis Summary (2017)
United Finance plc25/08/2020
23/07/2019
19/06/2019
15/06/2018
15/06/2017
United Finance plc Financial Analysis Summary (2020)
United Finance plc Financial Analysis Summary (Addendum to 2019)
United Finance plc Financial Analysis Summary (2019)
United Finance plc Financial Analysis Summary (2018)
United Finance plc Financial Analysis Summary (2017)
Virtu Finance plc25/08/2020
20/06/2019
27/06/2018
Virtu Finance plc Financial Analysis Summary (2020)
Virtu Finance plc Financial Analysis Summary (2019)
Virtu Finance plc Financial Analysis Summary (2018)
Von Der Heyden Group Finance plc28/08/2020
28/06/2019
18/06/2018
27/06/2017
Von der Heyden Group Finance plc Financial Analysis Summary (2020)
Von Der Heyden Group Financial Analysis Summary (2019)
Von Der Heyden Group Financial Analysis Summary (2018)
Von Der Heyden Group Financial Analysis Summary (2017)

European Single Electronic Format (ESEF)

The European Single Electronic Format (ESEF) is the electronic reporting format in which issuers on EU regulated markets shall prepare their Annual Financial Report starting 1 January 2020, with the objective of making submission easier for issuers and facilitating accessibility, analysis and comparability for investors and regulators.

 

ESEF Circulars

Preparation Documents

FAQs

Auditors’ Involvement

Market Oversight

Commission Delegated Regulations & Commission Implementing Regulations/Directives

COMMISSION DELEGATED REGULATION (EU) 2018/65 of 29 September 2017 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council specifying technical elements of the definitions laid down in paragraph 1 of Article 3 of the Regulation

COMMISSION DELEGATED REGULATION (EU) 2018/64 of 29 September 2017 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to specifying how the criteria of Article 20(1)(c)(iii) are to be applied for assessing whether certain events would result in significant and adverse impacts on market integrity, financial stability, consumers, the real economy or the financing of households and businesses in one or more Member States

COMMISSION IMPLEMENTING REGULATION (EU) 2017/1147 of 28 June 2017 amending Implementing Regulation (EU) 2016/1368 establishing a list of critical benchmarks used in financial markets pursuant to Regulation (EU) 2016/1011 of the European Parliament and of the Council

COMMISSION IMPLEMENTING REGULATION (EU) 2016/1368 of 11 August 2016 establishing a list of critical benchmarks used in financial markets pursuant to Regulation (EU) 2016/1011 of the European Parliament and of the Council

COMMISSION IMPLEMENTING REGULATION (EU) 2017/2446 of 19 December 2017 amending Implementing Regulation (EU) 2016/1368 establishing a list of critical benchmarks used in financial markets pursuant to Regulation (EU) 2016/1011 of the European Parliament and of the Council

COMMISSION DELEGATED REGULATION (EU) 2018/66 of 29 September 2017 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council specifying how the nominal amount of financial instruments other than derivatives, the notional amount of derivatives and the net asset value of investment funds are to be assessed

COMMISSION DELEGATED REGULATION (EU) 2018/66 of 29 September 2017 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council specifying how the nominal amount of financial instruments other than derivatives, the notional amount of derivatives and the net asset value of investment funds are to be assessed

COMMISSION IMPLEMENTING REGULATION (EU) 2017/1147 of 28 June 2017 amending Implementing Regulation (EU) 2016/1368 establishing a list of critical benchmarks used in financial markets pursuant to Regulation (EU) 2016/1011 of the European Parliament and of the Council

COMMISSION DELEGATED REGULATION (EU) 2018/64 of 29 September 2017 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to specifying how the criteria of Article 20(1)(c)(iii) are to be applied for assessing whether certain events would result in significant and adverse impacts on market integrity, financial stability, consumers, the real economy or the financing of households and businesses in one or more Member States

Commission Delegated Regulations & Commission Implementing Regulations/Directives

Commission Delegated Regulation (EU) 2016/909 on the content of notifications to be submitted to competent authorities and the compilation, publication and maintenance of the list of notifications

ITS Commission Implementing Regulation (EU) 2016/378 on the timing, format and template of the submission of notifications to competent authorities

RTS Commission Delegated Regulation (EU) 2016/1052 on the conditions applicable to buy-back programmes and stabilisation measures

RTS Commission Delegated Regulation (EU) 2016/960 on the appropriate arrangements, systems and procedures for disclosing market participants conducting market soundings

Commission Implementing Regulation (EU) 2016/959 on the systems and notification templates to be used by disclosing market participants and the format of the records

RTS Commission Delegated Regulation (EU) 2016/908 on the criteria, procedure and requirements for establishing an accepted market practice and the requirements for maintaining it, terminating it or modifying the conditions for its acceptance

Commission Delegated Regulation (EU) 2016/957 on the appropriate arrangements, systems and procedures as well as notification templates to be used for preventing, detecting and reporting abusive practices or suspicious orders or transactions

Commission Implementing Regulation (EU) 2016/1055 on the appropriate public disclosure of inside information and for delaying the public disclosure of inside information

Commission Implementing Regulation (EU) 2016/347 on the precise format of insider lists and for updating insider lists

ITS Commission Implementing Regulation (EU) 2016/523 on the format and template for notification and public disclosure of managers’ transactions

RTS Commission Delegated Regulation (EU) 2016/958 on presentations of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest

Commission Implementing Directive (EU) 2015/2392 on the reporting to competent authorities of actual or potential infringements

ITS Commission Implementing Regulation (EU) 2017/1158 on the procedures and forms for competent authorities exchanging information with the European Securities Market Authority

Commission Delegated Regulation (EU) 2016/522 on the exemption for certain third countries public bodies and central banks, the indicators of market manipulation, the disclosure thresholds, the competent authority for notifications of delays, the permission for trading during closed periods and types of notifiable managers’ transactions

Commission Implementing Regulation (EU) 2018/292 on the procedures and forms for exchange of information and assistance between competent authorities

PDMR Notifications

Name of IssuerPerson Discharging Managerial ResponsibilityDateInstrument TypeNature of TransactionPlace of TransactionCurrencyPriceVolumeOther Information
Eden Finance plcSimon De Cesare22/07/2021BondsSellMalta Stock ExchangeEuro101.520Mr Simon De Cesare holds the position of a Director within Eden Finance plc
Eden Finance plcSimon De Cesare21/07/2021BondsSellMalta Stock ExchangeEuro101180Mr Simon De Cesare holds the position of a Director within Eden Finance plc
Catena Media plcFiona Ewins Brown13/07/2021EquitySellNasdaq StockholmSEK66.263,000Ms Fiona Ewins Brown holds the position of Chief Human Resource Officer within Catena Media plc
Medserv plcAnthony S. Diacono01/07/2021EquitySell Off-exchangeEuro0.681,470,588Mr Anthony S. Diacono holds the position of an Executive Director within Medserv plc
Medserv plcDOCOB Limited01/07/2021EquityBuyOff-exchangeEuro0.682,920,588DOCOB Limited is a person closely associated with Mr Olivier Bernard, who holds the positions of Executive Director and Deputy CEO within Medserv plc, and Mr David O'Connor, who holds the positions of Executive Director and CEO within Medserv plc
Medserv plcAnthony Duncan24/06/2021EquityBuyOff-exchangeEuro0.0118,450,000Mr Anthony Duncan holds the position of an Executive Director within Medserv plc
Catena Media plcDustin Gouker19/06/2021OptionsBuyOff-exchangeSEK0130,000Mr Dustin Gouker holds the position of Vice President of North America - Content within Catena Media plc
Catena Media plcRyan Harper
18/06/2021
Options
Buy
Off-exchange
SEK0130,000Mr Ryan Harper holds the position of Vice President of North America, Revenue within Catena Media plc
Catena Media plcDenis Ristic18/06/2021Options BuyOff-exchangeSEK0 130,000Mr Denis Ristic holds the position of Vice President Global Brands Division within Catena Media plc
Catena Media plcJohn Helstrip18/06/2021Options BuyOff-exchangeSEK0 100,000Mr John Helstrip holds the position of Chief Technology Officer within Catena Media plc
Catena Media plcNigel Frith18/06/2021OptionsBuyOff-exchangeSEK0120,000Mr Nigel Frith holds the position of Vice President Business Optimisation within Catena Media plc
Catena Media plcMichael Daly18/06/2021OptionsBuyOff-exchangeSEK0400,000Mr Michael Daly holds the position of Chief Executive Officer within Catena Media plc
Catena Media plcFiona Ewins Brown17/06/2021OptionsBuyOff-exchangeSEK0100,000Ms Fiona Ewins Brown holds the position of Chief Human Resource Officer within Catena Media plc
Nyrstar Holdings plcMike Wainwright17/06/2021BondsBuyOff-exchangeDollar80.86%1,750,000Mr Mike Wainwright holds the position of a Manager within Nyrstar Holdings plc
RS2 Software plcDavid Amato17/06/2021EquityBuyOff-exchangeEuro0.18891,667Mr David Amato holds the position of Head of Sales within RS2 Software plc
Simonds Farsons CiskDominic Borg08/06/2021EquityBuyMalta Stock ExchangeEuro8.72,000Mr Dominic Borg holds the position of an alternate director within Simonds Farsons Cisk plc
Media and Games Invest SEBodhivas GmbH07/06/2021BondsBuyOff-exchangeEuro102,351.3920Bodhivas GmbH is the holding company owned by Remco Westermann who holds the position of a Director and Chief Executive Officer within Media and Games Invest SE. Initial subscription of bonds as part of a subsequent bond issue under the Company's bond framework of up to €350 million
Kindred Group plcErik Backlund02/06/2021Swedish Depository ReceiptsBuyOff-exchangeSEK04,235Mr Erik Backlund holds the position of Chief Product Officer within Kindred Group plc. Vesting of Performance Share Plan
Kindred Group plcElena Kurakina02/06/2021Swedish Depository ReceiptsBuyOff-exchangeSEK01,447Ms Elena Kurakina holds the position of Chief Marketing Officer within Kindred Group plc. Vesting of Performance Share Plan
Kindred Group plcBritt Boeskov02/06/2021Swedish Depository ReceiptsBuyOff-exchangeSEK04,823Ms Britt Boeskov holds the position of Chief Experience Officer within Kindred Group plc. Vesting of Performance Share Plan
Kindred Group plcMarcus Smedman02/06/2021Swedish Depository ReceiptsBuyOff-exchangeSEK03,847Mr Marcus Smedman holds the position of Chief Technology Officer within Kindred Group plc. Vesting of Performance Share Plan
Kindred Group plcAnne-Jaap Snijders02/06/2021Swedish Depository ReceiptsBuyOff-exchangeSEK03,615Mr Anne-Jaap Snijders holds the position of Chief Commercial Officer (Region 1) within Kindred Group plc. Vesting of Performance Share Plan
Kindred Group plcGavin Hayward02/06/2021Swedish Depository ReceiptsBuyOff-exchangeSEK04,823Mr Gavin Hayward holds the position of Chief Human Resource Officer within Kindred Group plc. Vesting of Performance Share Plan
Kindred Group plcHenrik Tjarnstrom02/06/2021Swedish Depository ReceiptsBuyOff-exchangeSEK011,541Mr Henrik Tjarnstrom holds the position of Chief Executive Officer within Kindred Group plc. Vesting of Performance Share Plan
Media and Games Invest SEBodhivas GmbH27/05/2021EquitySellOff-exchangeEuro1.21,306,087Bodhivas GmbH is the holding company owned by Remco Westermann who holds the position of a Director and Chief Executive Officer within Media and Games Invest plc. Disposal of shares based on old share-option obligations
Kindred Group plcAnne-Jaap Snijders25/05/2021Swedish Depository ReceiptsBuyNasdaq StockholmSEK144.37318Mr Anne-Jaap Snijders holds the position of Chief Commercial Officer (Region 1) within Kindred Group plc