Regulatory Alerts2021-03-02
Added · Updated
Circular to Persons Authorised in terms of the Trusts and Trustees Act – Updating of Information contained on MFSA’s Licence Holder Corporate Profile
The Malta Financial Services Authority issued this circular to address issues where authorized persons were missing communications due to outdated data on their corporate profiles. It reminds these entities of their obligation under a June 2020 circular to ensure all details, including contact information and involvements, are kept current. Queries regarding this requirement should be directed to the specified fiduciaries email address.
Circular Triq l-Imdina, Zone 1 Central Business District, Birkirkara CBD 1010 +356 2144 1155 communications@mfsa.mt www.mfsa.mt Circular to Persons Authorised in terms of the Trusts and Trustees Act Updating of Holder Corporate Profile It has come to the attention of the Authority, through feedback which has been provided by various ), that the information contained on the Licence Holder Corporate Profile is not up to date. As a result, some Authorised Persons have advised that they are not always receiving communication which is intended for their attention. Authorised Persons are hereby reminded that in terms of the Circular issued by the Authority on 8 June 2020, they are required to ensure that all data available on the Licence Holder Corporate Profile is up to date. Authorised Persons are encouraged to make reference to the Guidelines and Procedures in order to ensure that the details on the Authorised Person, including contact details as well as its Involvements are kept up to date. Contact Information Questions/queries in relation to the contents of this circular are to be forwarded to fiduciariesoffsite@mfsa.mt. 02 March 2021