Circular to Credit Institutions on a Minor Amendment to BR/14

Circular Triq l-Imdina, Zone 1 Central Business District, Birkirkara CBD 1010 +356 2144 1155 communications@mfsa.mt www.mfsa.mt Circular to Credit Institutions on a Minor Amendment to BR/14 The Authority is hereby issuing a revised version of Banking Rule BR/14 on Outsourcing by Credit Institutions Authorised under the Banking Act 1994 (hereinafter referred to as the “Rule”). The amendments in the Rule are being put forward to incorporate a paragraph from the EBA Guidelines on Outsourcing Arrangements (EBA/GL/2019/02), which Guidelines are already applicable through the BR/14. The amendment will come into force with immediate effect. Any queries in relation to the above should be directed to Banking Supervision (Policy and Legal) on bsupolicy@mfsa.com.mt. 09 August 2022