Regulatory Alerts2025-05-16
Added · Updated
Circular to Credit Institutions on Amendments to Banking Rules BR/14 and BR/24
Amended versions of Banking Rules BR/14 on Outsourcing and BR/24 on the Internal Governance of credit institutions are issued. Banking Rule BR/14 is amended by removing references to the MFSA’s Guidance on Technology Arrangements and the EBA Guidelines, and by including a new paragraph 8A to clarify interactions with the DORA Regulation. Banking Rule BR/24 is amended to include references to the updated EBA Guidelines in paragraphs 4(c), 73(a), and 295. The amended Rules become applicable from 20 May 2025.
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