Regulatory Alerts2022-08-11
Added · Updated
Circular to Credit Institutions on the Removal of Temporary Capital and Liquidity Relief Measures related to the COVID Pandemic
The Malta Financial Services Authority issued this circular to credit institutions to formally remove temporary capital and liquidity relief measures that were previously implemented in response to the COVID-19 pandemic. The directive mandates that financial institutions revert to standard regulatory requirements, thereby ending the specific exemptions that allowed for reduced capital buffers and enhanced liquidity flexibility during the health crisis. This action signals the conclusion of the emergency support framework and requires banks to ensure full compliance with baseline prudential standards effective immediately.
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