Regulatory Alerts2015-07-15
Added · Updated
Product Oversight and Governance Requirements for Manufacturers and Distributors of Retail Banking Products
The Malta Financial Services Authority issued this circular on July 15, 2015, to establish product oversight and governance requirements for manufacturers and distributors of retail banking products. The regulation mandates that financial institutions implement robust frameworks to ensure that retail banking products are designed, distributed, and monitored in the best interests of consumers. These requirements aim to enhance market integrity and consumer protection by enforcing strict accountability throughout the product lifecycle.
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