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Published:
3.6.2011
Last Updated:
19.11.2024

Banking Rules/Directives

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In terms of Article 4(2) of the Banking Act the competent authority as appointed under Article 3(1) of the Act may make Banking Rules as may be required for carrying into effect any of the provisions of the Act. The authority may amend or revoke such Rules. The Rules and any amendment or revocation thereof shall be officially communicated to credit institutions and the authority shall make copies thereof available to the public.

Full Article

Banking Rules

 

In terms of Article 4(2) of the Banking Act the competent authority as appointed under Article 3(1) of the Act may make Banking Rules as may be required for carrying into effect any of the provisions of the Act. The authority may amend or revoke such Rules. The Rules and any amendment or revocation thereof shall be officially communicated to credit institutions and the authority shall make copies thereof available to the public.

 

Banking Directives

 

The ten Directives under the Banking Act regulating and supervising credit institutions are as follows:

 

BD/01 - Application Procedures and Requirements for Authorisation of Licences for Banking Activities.

 

BD/02 - Large Exposures of Credit Institutions.

 

BD/03 - Own Funds of Credit Institutions

 

BD/04 - Solvency Ratio of Credit Institutions.

 

BD/05 - Liquidity Requirements of Credit Institutions.

 

BD/06 - Statutory Financial Information to be submitted by Credit Institutions.

 

BD/07 - Publications of Audited Financial Statements of Credit Institutions.

 

BD/08 - Capital Adequacy of Credit Institutions

 

BD/09 - Credit and Country Risk Provisioning of Credit Institutions

 

BD/10 - Supervision on a Consolidated Basis of Credit Institutions

 

BD/11 - Extension of the Applicability of the “Arms Length” Principle by Credit Institutions

 

Copyright © 2025 Chetcuti Cauchi. This document is for informational purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking any action based on the contents of this document. Chetcuti Cauchi disclaims any liability for actions taken based on the information provided. Reproduction of reasonable portions of the content is permitted for non-commercial purposes, provided proper attribution is given and the content is not altered or presented in a false light.

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