Regulatory Alerts2018-09-18
Added · Updated
Circular addressed to Credit Institutions – Imposition of Negative Interest Rates on Euro Denominated Deposits
The Malta Financial Services Authority issued this circular on September 18, 2018, to credit institutions regarding the imposition of negative interest rates on euro-denominated deposits. The document serves as a formal regulatory notice outlining the specific requirements and supervisory expectations for banks operating under this monetary policy framework. It establishes the compliance obligations necessary for financial institutions to adhere to the central bank's directive on deposit pricing.
Topics
monetary
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