Regulatory Alerts2022-02-14
Added · Updated
Malta Financial Services Authority Conduct of Business Rulebook Revisions
The Malta Financial Services Authority has revised its Conduct of Business Rulebook to adopt the Member State option under Article 44a of Directive 2014/59/EU as amended by BRRD2. These amendments extend suitability test requirements for selling subordinated eligible liabilities to retail clients to include Additional Tier 1 and Tier 2 instruments. The Authority has also introduced specific definitions for these instruments into the Rulebook Glossary to ensure regulatory alignment.