Regulatory Alerts2025-10-14
Added · Updated
Circular to the Industry on Publication of Chapter 1 of the Financial Institutions Rulebook
The Malta Financial Services Authority published the revised Chapter 1 of the Financial Institutions Rulebook (FIR/01) along with two annexes detailing authorization application information and professional indemnity insurance criteria. This rulebook establishes the application procedures, minimum authorization criteria, and regulatory obligations for payment and e-money institutions seeking to operate in Malta. The revised framework becomes applicable immediately upon publication, replacing previous requirements for entities under the Financial Institutions Act.