Investment Services Act (Notified CISs)
Statutory Text (4 Articles)
Suppliment tal-Gazzetta tal-Gvern ta’ Malta Nru. 21,686, 14 ta’ Lulju, 2026
L.N. 197 of 2026
INVESTMENT SERVICES ACT
(CAP. 370)
Investment Services Act (Notified CISs)
(Amendment) Regulations, 2026
IN EXERCISE of the powers conferred by article 12 of the
Investment Services 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:-
The title of these regulations is the Investment Services Act Citation.
(Notified CISs) (Amendment) Regulations, 2026 and these regulations
shall be read and construed as one with the Investment Services Act
(Notified CISs) Regulations, hereinafter referred to as the "principal S.L. 370.34.
regulations".
Sub-regulation (1) of regulation 2 of the principal Amends
regulation 2 of
regulations shall be amended as follows
the principal
regulations.
(a)
the definition "custodian" thereof shall be deleted;
(b) immediately after the definition "Directive 2004/39/
EC" thereof there shall be added the following new definition
" "depositary" means a person licensed by the
competent authority or a European regulatory authority to
provide depositary services;".
The principal regulations shall be amended as follows
General
amendments to
the principal
(a)
the word "custodian", wherever it occurs, shall be
regulations.
substituted by the word "depositary";
(b)
the word "custodians", wherever it occurs, shall be
substituted by the word "depositaries";
(c)
the word "custody", wherever it occurs, shall be
substituted by the word "depositary".
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