Administrative Penalties, Measures and Investigatory Powers

Suppliment tal-Gazzetta tal-Gvern ta’ Malta Nru. 21,395, 21 ta’ Frar, 2025

L.N. 46 of 2025

BANKING ACT

(CAP. 371)

Administrative Penalties, Measures and Investigatory Powers

(Amendment) Regulations, 2025

IN EXERCISE of the powers conferred by article 3 of the

Banking Act, the Minister responsible for the regulation of financial

services, acting on the advice of the Malta Financial Services

Authority, has made the following regulations:-

(1) The title of these regulations is the Administrative Citation and

Penalties, Measures and Investigatory Powers (Amendment) scope.

Regulations, 2025 and these regulations shall be read and construed as

one with the Administrative Penalties, Measures and Investigatory S.L. 371.05.

Powers Regulations, hereinafter referred to as the "principal

regulations".

(2) The scope of these regulations is to further transpose the

provisions of Article 69(2) of Directive 2013/36/EU of the European

Parliament and of the Council of 26 June 2013 on access to the activity

of credit institutions and the prudential supervision of credit

institutions and investment firms, amending Directive 2002/87/EC and

repealing Directives 2006/48/EC and 2006/49/EC, and they shall be

interpreted and applied accordingly.

In sub-regulation (2) of regulation 8 of the principal Amends

regulations the words "of articles of articles 7(1)(b), 7B(3), and 14(2)," regulation

the principal

shall be substituted by the words "of articles 7(1)(b), 7B(3) and (4) and regulations.

14(2),".

€0.09