The main changes that were undertaken from a regulatory perspective include the following:

New Rules

Paragraph 16 of the Credit Intermediaries Rule was amended to better clarify the knowledge and competence requirements for staff of creditors and credit intermediaries.

These requirements shall also be directly applicable to credit institutions in the coming months though their incorporation within banking rules.

Circulars issued and published by the MFSA

Check out this MFSA webpage for a list of circulars published by Banking Supervision.