Circular addressed to Persons Registered in terms of the Company Service Providers Act (Cap. 529)

Circular addressed Persons Registered in terms of the Company Service Providers Act (Cap. 529).

1. Introduction
   In terms of Rule 17.07 of the Rules for Company Service Providers, Registered Persons are obliged to submit to the MFSA, on an annual basis, a Certificate of Compliance in the form prescribed in the Rules. However, the Rules do not prescribe a specific deadline for the submission of this document. In terms of Rule 17.02 of the Rules for Company Service Providers, Registered Persons shall in each year prepare an Annual Return in the form prescribed by the MFSA signed by the proprietor where the Registered Person is an individual, or otherwise by at least two directors or partners or any other persons authorised to sign by way of a Board Resolution. In the latter case, the Registered Person is expected to provide a certified true copy of such Board Resolution to the MFSA. The purpose of this Circular is to draw the attention of Registered Persons as to the date on which the MFSA expects the Certificate of Compliance and the Annual Financial Return to be submitted.

2. Deadline for the Submission of the Certificate of Compliance
   All Registered Persons are required to prepare a Certificate of Compliance to cover one calendar year (from 1 st January to 31 st December). This shall be submitted to the MFSA, together with the relative supervisory fee, which, in terms of Legal Notice 27 of 2015, falls due in January of each year and should therefore be submitted by not later than the 31 st of January of each year. Registered Persons who have been granted registration to act as Company Service Provider in 2014 and 2015 should file their first Certificate of Compliance covering the period from the date of registration till the 31 st of December 2015.

3. Deadline for the Submission of the Annual Financial Statements
   The Registered Persons should also be reminded that, within four months from the Accounting Reference Date, the audited financial statements, a copy of the auditor’s management letter and the auditor’s report shall be submitted to the MFSA.

4. Submission of Annual Financial Returns required to be submitted in terms of the
   CSP Rules
   The Registered Persons, both individuals and also companies, shall prepare an Annual Financial Return in the form prescribed by the MFSA. The format of this return will soon be issued for consultation.

5. Contacts
   Any queries regarding the subject matter of this circular are to be directed to:
   Dr. Sarah Pulis Mr. Andrew Schembri
   Analyst Analyst
   Conduct Supervisory Unit Conduct Supervisory Unit Tel: 25485232 Tel: 25485200 spulis@mfsa.com.mt aschembri@mfsa.com.mt

Communications Unit
Malta Financial Services Authority
13 th May 2014