Financial Conglomerates (Amendment) Regulations, 2015

Suppliment tal-Gazzetta tal-Gvern ta’ Malta, Nru. 19,399, 27 ta’ Marzu, 2015

L.N. 111 of 2015

MALTA FINANCIAL SERVICES AUTHORITY ACT

(CAP. 330)

Financial Conglomerates (Amendment) Regulations, 2015

IN exercise of the powers conferred by article 20C of the Malta

Financial Services Authority Act, the Minister for Finance, after

consultation with the Malta Financial Services Authority, has made

the following regulations:-

The title of these regulations is the Financial Citation.

Conglomerates (Amendment) Regulations, 2015, and these

regulations shall be read and construed as one with the Financial S.L. 330.06

Conglomerates Regulations, 2013, hereinafter referred to as ''the

principal regulations''.

Immediately after regulation 25 of the principal Adds new

regulation to the

regulations, there shall be added the following new regulation

principal

regulations.

'' Application of

For the better carrying out of the

the Joint

provisions of these regulations, the competent

Guidelines on

authority shall apply the Joint Guidelines on the

the

convergence of

convergence of supervisory practices relating to

supervisory

practices.

the consistency of supervisory coordination

arrangements for financial conglomerates [JC/

GL/2014/01] issued jointly by the European

Banking Authority, the European Securities and

Markets Authority and the European Insurance

and Occupational Pensions Authority.''.

€0.09