BR/01/2023 – Application Procedures and Requirements for Authorisation of Licences for Banking Activities under the Banking Act 1994

  Explanatory Note

  Application Procedures and Requirements for Authorisation of Licences for Banking Activities under the Banking Act 1994

BR/02/2023 – Large Exposures for Credit Institutions Authorised under the Banking Act 1994

  Explanatory Note

  Large Exposures for Credit Institutions Authorised Under the Banking Act 1994

BR/03/2012 – Own Funds of Credit Institutions Authorised Under the Banking Act 1994

  Explanatory Note

BR/04/2013 – Capital Requirements Of Credit Institutions Authorised Under the Banking Act 1994

  Explanatory Note

BR/05/2007 – Liquidity Requirements of Credit Institutions Authorised Under the Banking Act 1994

  Liquidity Requirements of Credit Institutions authorised under the Banking Act 1994

  Annex 2 – Liquidity Maturity Ladder

  Annex 2 – Explanatory Notes

  Annex 3 & 4 – Liquidity Ratio – Deposit Liabilities

  Annex 5- Liquid-Asset Requirement

  Annex 5 – Explanatory Notes

  Annex 6 – Declaration Form to be used in filing Annexes 2 and 5 of the Rule

BR/06/2007 – Statutory Financial Information To be Submitted By Credit Institutions Authorised Under the Banking Act 1994

  Statutory Financial Information to be submitted by Credit Institutions Authorised Under the Banking Act 1994

  Instructions to the Schedule Appendices 1 – 11

  Statutory Returns

BR/07/2024 – Publication of Annual Report & Audited Financial Statements of Credit Institutions Authorised Under The Banking Act 1994

  Publication of Annual Report & Audited Financial Statements of Credit Institutions Authorised under the Banking Act 1994

  Appendix 1

BR/08/2012 – Capital Adequacy Of Credit Institutions Authorised Under the Banking Act 1994

  Explanatory Note

BR/09/2023 – Measures Addressing Non-Performing Exposures and Forborne Exposures

  Measures Addressing Non-Performing Exposures and Forborne Exposures

BR/10/2013 – Supervision On A Consolidated Basis of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note 

BR/11/2007 – Extension Of The Applicability Of The ‘Arm’s Length’ Principle By Credit Institutions Authorised Under The Banking Act 1994

  Extension of the Applicability of the ‘Arm’s Length’ Principle by Credit Institutions authorised under the Banking Act 1994

BR/12/2022 – The Supervisory Review Process Of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note

  The Supervisory Review Process of Credit Institutions authorised under the Banking Act 1994

  List of Appendices & Annexes

  Appendix 1 – Principles on Internal Governance

  Appendix 2 – Internal Capital Adequacy Assessment Process (ICAAP) – General Framework

• Annex 2A – ICAAP Report – Recommended Structure
• Annex 2B – Technical Criteria on Organisation & Treatment of Risks
• Annex 2C – List of Definitions
• Annex 2D – Principles on Stress Testing
• Annex 2E – Remuneration Principles: Policy, Committee and Elements
• Annex 2F – Principles for the Management of Interest Rate Risk in the Banking Book (IRRBB)
• Annex 2G – Principles for the Management of Concentration Risk
• Annex 2H – Principles on Risk Management
• Annex 2I – Principles for the Management of Risk in Market-Related Activities
• Annex 2J – Market Risk – Calculation of General Interest Rate Risk on Debt Instruments
• Annex 2K – Implicit Support for Securitisation Transactions by Credit Institutions authorised under the Banking Act 1994

  Appendix 3 – The Authority’s Supervisory Review and Evaluation Process (SREP) – General Framework

• Annex 3A – SREP-ICAAP Interaction Process
• Annex 3B – Technical Criteria on the Supervisory Review and Evaluation Process as utilised by the Authority
• Annex 3C – The Authority’s Prudential Measures

  Appendix 4 – Obligations of the Authority as Consolidating Supervisor

  Appendix 5 – Market Transparency on Asset Encumbrance and Monitoring thereof

BR/13/2021 – Prudential Assessment Of Acquisitions And Increase Of Shareholdings In Credit Institutions Authorised Under The Banking Act 1994

  Prudential Assessment of Acquisitions and Increase of Shareholdings in Credit Institutions Authorised under the Banking Act 1994

BR/14/2022 – Outsourcing By Credit Institutions Authorised Under The Banking Act 1994

  Outsourcing by Credit Institutions Authorised under the Banking Act 1994

BR/15/2022 – Capital Buffers Of Credit Institutions Authorised Under The Banking Act 1994

  Capital Buffers of Credit Institutions Authorised Under the Banking Act 1994

BR/16/2020 – Funding Plans for Credit Institutions Authorised under the Banking Act (Cap. 371)

  Funding Plans for Credit Institutions Authorised under the Banking Act (Cap. 371)

  Annex 1 – Reporting Instructions

  Annex 2 – Reporting Templates

BR/17/2016 – ‘Management Expenses Contribution’ Under The Depositor Compensation Scheme Regulations (Sl.371.09)

  “Management Expenses Contribution” under the Depositor Compensation Scheme Regulations (Sl.371.09)

BR/18/2024 – ‘Risk-Based Method’ and the ‘Compensation Contribution Method’ under the Depositor Compensation Scheme Regulations

  ‘Risk-Based Method’ and the ‘Compensation Contribution Method’ under the Depositor Compensation Scheme Regulations (S.L. 371.09)

BR/19/2019 – Banking Rule On ‘Payment Commitments’ Under The Depositor Compensation Scheme Regulations (S.L. 371.09)

Banking Rule On ‘Payment Commitments’ Under The Depositor Compensation Scheme Regulations (S.L. 371.09)

BR/20/2024 – Recovery Plans for Credit Institutions Authorised under the Banking Act

Recovery Plans for Credit Institutions Authorised Under the Banking Act (CAP. 371)

BR/21/2022 – Remuneration Policies and Practices

Remuneration Policies and Practices

Annex 1 – Discount Rate for Variable Remuneration for Credit Institutions as mandated under Article 94(1)(g)(iii) of Directive 2013/36/EU

BR/22/2020 – Complaints-Handling Procedures for Credit Institutions Authorised under the Banking Act 1994

Complaints-Handling Procedures for Credit Institutions Authorised under the Banking Act 1994

BR/23/2023 – Reporting and Disclosure of Exposures subject to Measures applied in response to the COVID-19 Crisis

Explanatory Note

BR/24/2024 – Internal Governance of Credit Institutions Authorised under the Banking Act

  Internal Governance of Credit Institutions Authorised Under The Banking Act

  Annex I – Product Oversight and Governance Arrangements for Retail Banking Products

BR/25/2022 – Financial Holdings Companies and Mixed Financial Holding Companies under the Banking Act 

  Financial Holdings Companies and Mixed Financial Holding Companies under the Banking Act

  Annex I – Application Forms

  Annex II – Declaration Form

BR/26/2022 – Stress Testing Requirements of Credit Institutions Licensed under the Banking Act

  Stress Testing Requirements of Credit Institutions Licensed under the Banking Act

BR/27/2022 – The Application of Certain Options and National Discretions

The Application of Certain Options and National Discretions

BR/28/2023 – Loan Origination and Monitoring by Credit Institutions licensed under the Banking Act

Loan Origination and Monitoring by Credit Institutions licensed under the Banking Act

BR/29/2023 – Management of Interest Rate Risk and Credit Spread Risk arising from Non-Trading Book Activities

Management of Interest Rate Risk and Credit Spread Risk arising from Non-Trading Book Activities

Annex I on Exposures Associated with High Risk

Annex II on the Treatment of Foreign Exchange

BR/30/2023 – Establishing an Intermediate EU Parent Undertaking

Establishing an Intermediate EU Parent Undertaking

Annex I – MFSA Template for IPU Threshold Monitoring

BR/23/2022 Reporting and Disclosure of Exposures subject to Measures applied in response to the COVID-19 Crisis

Reporting and Disclosure of Exposures subject to Measures applied in response to the COVID-19 Crisis

Annex 1 – COVID-19 Reporting

Annex 2 – Reporting Instructions

Annex 3 – Disclosure Templates

BR/02/2011 Large Exposures Of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note

  Large Exposures of Credit Institutions

  Appendix 1 – Reporting Schedules

BR/03/2012 Own Funds Of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note

  Own Funds of Credit Institutions

  Appendix 1 – Reporting Schedule

  Appendix 2 – Definition of Components Constituting Own Funds

BR/04/2013 Capital Requirements Of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note

  Banking Rule 4 and Appendix 1

  Appendix 2 – Section I Credit Risk Standardised Approach

  Appendix 2 – Section II IRB Approach

  Appendix 2 – Section III CRM (Credit Risk Mitigation)

  Appendix 3 – Securitisation

  Appendix 4 – Operational Risk

  Appendix 5 – Returns

  Annex I – Definitions

  Annex II – Classification of Off-Balance Sheet items

  Annex III – Types of Derivatives

  Annex IV – Treatment of Interest and foreign exchange instruments

  Annex V – Transitional Provisions

BR/07/2013 Publication Of Annual Report And Audited Financial Statements Of Credit Institutions Authorised Under The Banking Act 1994.

  Explanatory Note

  Publication of Annual Report and Audited Financial Statements of Credit Institutions Authorised under the Banking Act 1994.

BR/08/2012 Capital Adequacy Of Credit Institutions Authorized Under The Banking Act 1994

  Explanatory Note

  Capital Adequacy of Credit Institutions Authorized Under the Banking Act 1994

  Appendix A – Calculation of Capital Requirements Ratio

  Appendix B – Definitions

  Appendix C – The Trading Book and Hedging Exposures

  Appendix D – Instruments which qualify for inclusion in the Trading Book

  Appendix E – Calculation of Consolidated Capital Requirements Ratio

  Appendix F – Business Activities subject to Capital Requirements

  Appendix G – Capital Adequacy Rule Summary Schedule

  Annex I – Calculating Capital Requirements for Foreign Exchange Risk

  Appendix I – A – Calculating the Net Open Position

  Appendix I – B – Calculation of the Capital Requirement for Foreign Exchange

  Appendix I – C(c-i) – Return of Long Currency Positions

  Appendix I – C(c-ii & iii) – Return of Long Currency Positions (Codes)

  Appendix I – C(c-iv) Return of Short Currency Positions

  Appendix I – C(c-v & vi) Return of Short Currency Positions (Codes)

  Appendix I – D – Simple Method for Options (Carve-out)

  Appendix I – E – Total Capital Requirements for Foreign Exchange Risk (Return)

  Annex II – Calculating Capital Requirements for Settlement and Counterparty Risk

  Appendix II – A – Recognised Clearing Houses and Exchanges

  Annex III – Calculating Capital Requirements for Position Risk

  Appendix III – A – Interest Rate Specific Risk (Return)

  Appendix III – B – Interest Rate General Risk Method 1 – Maturity Bands, Risk Weights (Return)

  Appendix III – C – Interest Rate General Risk Method 2 – Duration Bands, Risk Weights (Return)

  Appendix III – D – The Carve-Out Method for Options

  Appendix III – E – Relevant Credit Rating Agencies and Investment Grade Ratings

  Appendix III – F – Equity Position Risk (Return)

  Appendix III – G – Position Risk Summary (Return)

  Annex IV – Underwriting Risk

  Annex V – Calculating Capital Requirements for Commodities Risk

  Appendix V – A – Maturity Ladder Approach for Commodities Risk (Example)

  Annex VI – Calculating Capital Requirements for Large Exposures Risk

  Appendix VI – A – Calculation of Incremental Trading Book Capital Requirement (Example)

  Annex VII – Use of Internal Models to calculate Capital Requirements

BR/10/2013 Supervision On A Consolidated Basis Of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note

  Supervision on a Consolidated Basis of Credit Institutions authorised under the Banking Act 1994

BR/12/2013 The Supervisory Review Process Of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note

  The Supervisory Review Process Of Credit Institutions Authorised Under The Banking Act 1994

  List of Appendices & Annexes

  Appendix 1 Internal Governance

  Appendix 2 ICAAP

  Annex 2A – ICAAP Report – Recommended Structure

  Annex 2B – Technical Criteria on Organisation & Treatment of Risks

  Annex 2C – List of Definitions

  Annex 2D – Principles on Stress Testing

  Annex 2E – Principles for Remuneration Policies

  Annex 2F – Principles for the Management of IRRBB

  Annex 2G – Principles for the Mgmt of Concentration Risk

  Annex 2H – Principles on Risk Management

  Annex 2I – Principles for the Management of Operational Risk in Market-Related Activities

  Appendix 3 SREP

  Annex 3A – SREP-ICAAP interaction process

  Annex 3B – Technical Criteria on SREP

  Annex 3C – Prudential Measures

  Appendix 4 Obligations of the Authority as Consolidating Supervisor

BR/01/2020 Application Procedures And Requirements For Authorisation Of Licences For Banking Activities Under The Banking Act 1994

  Application Procedures and Requirements for Authorisation of Licences for Banking Activities under the Banking Act 1994

BR/01/2022 Application Procedures And Requirements For Authorisation Of Licences For Banking Activities Under The Banking Act 1994

  Application Procedures and Requirements for Authorisation of Licences for Banking Activities under the Banking Act 1994

BR/02/2011 Large Exposures for Credit Institutions Authorised Under the Banking Act 1994

  Explanatory Note

BR/07/2014 – Publication of Annual Report And Audited Financial Statements of Credit Institutions Authorised Under The Banking Act 1994

  Explanatory Note

  Publication of Annual Report and Audited Report and Audited Financial Statements of Credit Institutions Authorised under the Banking Act 1994

  Appendix 1

  Appendix 2

  Appendix 3

BR/09/2019 Measures Addressing Credit Risk Arising From the Assessment Of the Quality of Asset Portfolios Of Credit Institutions Authorised Under the Banking Act 1994. 

  Measures Addressing Credit Risks Arising from the Assessment of the Quality of Asset Portfolios of Credit Institutions Authorised under the Banking Act 1994

  Annex 1

  Annex 2

BR/12/2014 The Supervisory Review Process Of Credit Institutions Authorised Under The Banking Act 1994

  The Supervisory Review Process of Credit Institutions authorised under the Banking Act 1994

  Annex 2B – Technical Criteria on Organisation & Treatment of Risks

Annex 2D – Principles on Stress Testing

BR/14/2019 Outsourcing By Credit Institutions Authorised Under The Banking Act 1994

BR/14/2019 – Outsourcing by Credit Institutions Authorised under the Banking Act 1994

BR/14/2020 Outsourcing By Credit Institutions Authorised Under The Banking Act 1994

  Outsourcing by Credit Institutions Authorised under the Banking Act 1994

BR/15/2019 Capital Buffers Of Credit Institutions Authorised Under The Banking Act 1994

  Capital Buffers of Credit Institutions Authorised Under the Banking Act 1994

BR/15/2022 Capital Buffers Of Credit Institutions Authorised Under The Banking Act 1994

  Capital Buffers of Credit Institutions Authorised Under the Banking Act 1994

BR/16/2018 Funding Plans For Credit Institutions Authorised Under The Banking Act 1994

  Funding Plans for Credit Institutions authorised under the Banking Act 1994

  Annex 1 – Definitions – Key Features

  Annex 2 – Guidance Templates – FOR INFORMATION PURPOSES ONLY

  Annex 3 – REPORTING TEMPLATES

BR/18/2016 – ‘Risk-Based Method’  And The ‘Compensation Contribution Method’ Under The Depositor Compensation Scheme Regulations

  ‘Risk-Based Method’ and the ‘Compensation Contribution Method’ under the Depositor Compensation Scheme Regulations (S.L. 371.09)

BR/20/2019 Recovery Plans for Credit Institutions Authorised Under the Banking Act (CAP. 371)

Recovery Plans for Credit Institutions Authorised Under the Banking Act (CAP. 371)

BR/20/2023 – Recovery Plans for Credit Institutions Authorised Under the Banking Act (CAP. 371)

Recovery Plans for Credit Institutions Authorised Under the Banking Act (CAP. 371)

BR/21/2019 Remuneration Policies and Practices

Remuneration Policies and Practices

BR/21/2022 Remuneration Policies and Practices

Remuneration Policies and Practices

BR/23/2020 Reporting and Disclosure of Exposures subject to Measures applied in response to the COVID-19 Crisis

Reporting and Disclosure of Exposures subject to Measures applied in response to the COVID-19 Crisis

BR/24/2022 Internal Governance of Credit Institutions Authorised Under The Banking Act

  Internal Governance of Credit Institutions Authorised Under The Banking Act

BR/24/2022 – Internal Governance of Credit Institutions Authorised Under The Banking Act

  Internal Governance of Credit Institutions Authorised Under The Banking Act

The purpose of supervisory disclosures is to enhance transparency of supervisory practices. Transparency is a key element in effective banking supervision, as emphasized by the Basel Committee on Banking Supervision in its Core Principles on Effective Banking Supervision. In terms of articles 143 and 144 of the Directive 2013/36/EU as amended by Directive 2019/878/EU (hereunder the ‘CRD’) and the Commission Implementing Regulation (EU) 2024/796 of 4 March 2024 amending Implementing Regulation 2019/912 of 28 May 2019 and Implementing Regulation (EU) No 650/2014, laying down implementing technical standards with regard to the format, structure, contents list and annual publication date of the information to be disclosed, National Competent Authorities (‘NCAs’) are required to disclose and provide a comprehensive overview of the supervisory and regulatory framework in their respective jurisdiction. The information disclosed aims at enabling a meaningful comparison of the approaches adopted by the NCAs of the different Member States. Comparison is further enhanced through a common set of templates (Annexes) provided by the European Banking Authority (‘EBA’).

1. Rules and guidance: the texts of laws, regulations, administrative rules and general guidance adopted in Malta in the field of prudential regulation;
2. Options and national discretions: the manner in which Malta Financial Services Authority (‘Authority’) exercises options and national discretions available in EU law;
3. Supervisory review: the general criteria and methodologies used by the Authority in the Supervisory Review and Evaluation Process (SREP);
4. Aggregate statistical data: key aspects of the implementation of the prudential framework in Malta (e.g. assets, capital requirements, Pillar I and Pillar II data, supervisory measures and administrative penalties).

The scope of the information published covers licence holders falling within the scope of the CRD and subject to the direct supervision of the Authority (i.e. LSI credit institutions and CRR investment firms). The below sections provide links to Authority’s supervisory disclosure requirements.

• Rules and Guidance
• Options and National Discretions
• Supervisory Review
• Aggregate Statistical Data

The supervisory disclosure information related to significant credit institutions (‘SI”s’) is published by the European Central Bank (‘ECB’) as the competent authority for the Single Supervisory Mechanism (‘SSM’) and can be accessed at: Banking Supervision.

Commission Implementing Regulation (EU) 650/2014

Commission Implementing Regulation (EU) 2019/912

Commission Implementing Regulation (EU) 2024/796

In accordance with Article 143(1)(a) of the CRD IV, the Authority is required to publish information on legal and regulatory texts adopted in Malta in the field of prudential regulation, including:

• Laws and regulations adopted by Malta to implement the provisions of CRD IV and CRR. These texts outline the primary supervisory requirements for supervised credit institutions and investment firms.
• Administrative rules, i.e. instructions to supervised banks on how to comply with legislative and regulatory requirements.
• General guidance, i.e. explicit disclosure requirements under CRD IV and explanations deemed necessary to set out how the rules should be applied by institutions, as well as any other relevant information to enhance the understanding of the capital adequacy framework.

The tables below are divided into eight parts, in accordance with Commission Implementing Regulation (EU) 2019/912 as follows:

• Part 1            Transposition of Directive 2013/36/EU
• Part 2            Model approval
• Part 3            Specialised lending exposures
• Part 4            Credit risk mitigation
• Part 5            Specific disclosure requirements applied to institutions
• Part 6            Waivers for the application of prudential requirements
• Part 7            Qualifying holdings in a credit institution
• Part 8            Regulatory and financial reporting

Annex I: Rules and Guidance

CRR and CRD IV provide a number of options and national discretions which may be applied on the basis of national circumstances. The Authority, in such situations, is given a choice as to how (‘option’), or whether or not (‘national discretion’), to apply such options and discretions within the parameters of EU legislation.

In accordance with Article 143(1)(b) of the CRD IV and Commission Implementing Regulation (EU) 2019/912, the following tables are made up of three parts as follows:

• Part 1   Overview of options and discretions set out in Directive 2013/36/EU, Regulation (EU) No. 575/2013 and LCR Delegated Regulation (EU) 2015/61
• Part 2    Transitional options and discretions set out in Directive 2013/36/EU and Regulation (EU) No 5758/2013
• Part 3    Variable elements of remuneration (Article 94 of Directive 2013/36 EU)

Annex II: Options and National Discretions

Pursuant to Article 143(1)(c) of Directive 2013/36/EU (‘CRD IV’), the Authority is required to publish information on the general criteria and methodologies used in the Supervisory Review and Evaluation Process (‘SREP’) referred to in Article 97 of the CRD IV.

Supervisory disclosures cover the following aspects of SREP:

• Scope of application of the SREP (including proportionality)
• Individual risk assessment
• Review and evaluation of ICAAP & ILAAP
• Overall SREP assessment and supervisory measures

Annex III: SREP

Article 143(1)(d) of the Directive 2013/36/EU (‘CRD IV’) requires competent authorities to disclose aggregate statistical data on key aspects of the implementation of the prudential framework in their respective jurisdiction. The information includes consolidated data on the financial sector, Pillar I (credit risk, market risk and operational risk), waivers as well as supervisory measures and administrative penalties.

The reference date for the data is 31 December of the preceding year.

The scope of the information published covers licence holders falling within the scope of the CRD and subject to the direct supervision of the Authority (i.e. LSI credit institutions and CRR investment firms).

The supervisory disclosure information related to significant credit institutions (‘SI”s’) is published by the ECB as the competent authority for the Single Supervisory Mechanism (‘SSM’) and can be accessed at: Banking Supervision.

The links to the other competent authorities’ websites pages on aggregate statistical data can be accessed from the Aggregate Statistical Data section on the EBA website.

Information disclosed can be found in the following tables:

Annex IV: Aggregate Statistical Data (Year 2022)

Annex IV: Aggregate Statistical Data (Year 2023)

Unless stated otherwise in the respective instructions, all FINREP and COREP data should be submitted in actual figures including two decimal places (e.g. €2,560,561.43).

Data which is required as rates, percentages or ratios must be reported using the decimal notation, with a minimum precision equivalent to four decimals (e.g. 9.31% should be reported as 0.0931).

The templates provided below are to be used for submission of data to the Authority. Links to the EBA website are provided for information and reference purposes only.

Credit institutions are required to submit COREP and FINREP data on both a solo and consolidated basis, where applicable.

1. COREP – Own Funds and Own Funds Requirements including IPL (module code: OF) – Updated on 03/08/2023

Applicable as from reference date June 2023

  EBA Link on Own Funds

  Legal Act amending ITS 680/2014 on Prudent Valuation

2. COREP – Leverage (module code: LR) – Updated on 20/10/2022

Applicable as from reference date December 2022

  EBA Link on Leverage

  Final draft ITS amending ITS on LR Reporting (EBA-ITS-2015-03)

3. COREP – Large Exposures and Concentration Risk (module code: LE) – Updated on 20/10/2022

Applicable as from reference date December 2022

  EBA Link on Large Exposures

4. COREP – Liquidity, LCR DA (module code: LCRDA) – Updated on 20/10/2022

Applicable as from reference date December 2022

  EBA Link on Liquidity

  Commission Delegated Regulation (EU) 2015/61

  EBA link on amended technical standards on reporting of the LCR

5. COREP – Liquidity, NSFR (module code: NSFR) – Updated on 07/02/2023

Applicable as from reference date December 2022

 EBA Link on Liquidity

6. COREP – Liquidity, ALMM (module code: AMM) – Updated on 14/07/2023

Applicable as from reference date June 2023

  EBA Link on Liquidity

 EBA link on amended technical standards on reporting of ALMM

7. FINREP – FINREP including NPL and Forbearance (module code: FINREP) – Updated on 20/10/2022

Applicable as from reference date December 2022

 EBA Link on Forbearance and NPEs

8. FINREP – Asset Encumbrance (module code: AE) – Updated on 23/06/2023

Applicable as from reference date June 2023

 EBA Link on Asset Encumbrance

9. Identification of G-SIIs (module code: G-SII) – Updated on 20/10/2022

Applicable as from reference date June 2023

10. Specific Reporting Requirements for Market Risk (module code: FRTB) – Updated on 20/10/2022 

Applicable as from reference date December 2022

 ITS Regulation on specific reporting requirements for market risk (EU) 2021/4533

 Corrigendum to Commission Implementing Regulation (EU) 2021/453

11. Funding Plans (module code: FP) – Updated on 20/10/2022

Applicable as from reference date December 2022

 EBA Link on Funding Plans

 MFSA Link to BR/16

12. Remuneration Benchmarking (module code: REM_BM) – Updated on 18/08/2023

Applicable as from 2022 FYE

EBA Guidelines on the Benchmarking Exercises on Remuneration Practices, the Gender Pay Gap and Approved Higher Ratios under CRD

13. Remuneration High Earners (module code: REM_HE) – Updated on 14/07/2023

Applicable as from 2022 FYE

EBA Guidelines on High Earner Data collection under CRD & IFD

14. Remuneration Benchmarking of Approved Higher Ratios (module code: REM_HRINSTITUTION ) – Updated on 06/02/2023

Applicable as from 2022 FYE

EBA Guidelines on the Benchmarking Exercises on Remuneration Practices, the Gender Pay Gap and Approved Higher Ratios under CRD

15. Remuneration Benchmarking of Gender Pay Gap (module code: REM_GAP) – Updated on 06/02/2023

Applicable as from 2023 FYE

EBA Guidelines on the Benchmarking Exercises on Remuneration Practices, the Gender Pay Gap and Approved Higher Ratios under CRD

16. Environmental, Social and Governance (module code: ESG) – Updated on 30/04/2024

Applicable as from reference date December 2023

Commission Implementing Regulation (EU) 2022/2453

EBA Decision EBA/DC/498

17. Interest Rate Risk in the Banking Book (module code: IRRBB) – Updated 0n 24/06/2024 

Applicable as from reference date September 2024

Amending Implementing Technical Standards on Supervisory Reporting with regard to IRRBB Reporting

Foreign Branches are required to submit data on a solo basis

1. FINREP – FINREP including NPL and Forbearance (module code: FINREP) – Updated on 03/01/2024

Applicable as from reference date December 2023

  EBA Link on Forbearance and NPEs

2. COREP – IPL (module code: OF) – Updated on 20/10/2022

Applicable as from reference date June 2023

3. Remuneration High Earners (module code: REM_HE) – Updated on 06/02/2023

Applicable as from 2022 FYE

EBA Guidelines on High Earner Data collection under CRD & IFD

  ITS on Supervisory Reporting Regulation (EU) No 680/2014

  ITS on Supervisory Reporting Regulation (EU) 2021/451, applicable as from 28 June 2021

  Interactive ITS on Supervisory Reporting

  EBA Validation Rules – Updated 24/06/2024

  MFSA Guidelines to CRD IV Supervisory Reporting Requirements for Credit Institutions_ITSv3.4 – Updated 24/10/2024

  MFSA Guidelines on Supervisory Reporting Requirements for Foreign Branches_ITSv3.4 – Updated 24/06/2024

  CRDIV LH Portal Submissions Notifications

Templates and Instructions ITS V3.3 – Credit Institutions

Templates and Instructions ITS V3.3 – Foreign Branches

Templates and Instructions ITS V3.2 – Credit Institutions

Templates and Instructions ITS V3.2 – Foreign Branches

Templates and Instructions ITS V3.0 – Credit Institutions

Templates and Instructions ITS V3.0 – Foreign Branches

Templates and Instructions ITS V2.9 – Credit Institutions

Templates and Instructions ITS V2.9 – Foreign Branches

Templates and Instructions ITS V2.8 – Credit Institutions

Templates and Instructions ITS V2.8 – Foreign Branches

1. Remittance Timetable

Submission of data by credit institutions to the Authority shall be in line with the reporting dates available in the Remittance Timetable (updated on 24/06/2024).

2. LH Portal Submission

Submission of Supervisory Reporting Modules should be made through the below link:

https://lhportal.mfsa.mt/

Kindly refrain from using e-mail for the submission of such templates.

The below documents provide detailed guidelines on the submission of Supervisory Reporting data:

• LH Portal for Credit Institutions – Updated 24/06/2024
• Annex I: XML Schema Specification for ECB Feedback – Updated 24/06/2024
• Annex II: Template for Providing Justification on Failing Checks – Updated 24/06/2024

• LH Portal for Branches – Updated 24/06/2024
• Annex I: XML Schema Specification for ECB Feedback – Updated 24/06/2024
• Annex II: Template for Providing Justification on Failing Checks – Updated 24/06/2024

Institutions are highly encouraged to refer to the below dedicated EBA Q&A webpage for queries regarding interpretation of reporting requirements within the modules and interpretation of the respective instruction annexes.

  www.eba.europa.eu/single-rule-book-qa

This webpage provides replies to a number of queries already raised by various stakeholders, to which the EBA has issued its guidance and clarifications. Interested parties also have the opportunity to lodge their own queries on areas which have not yet been raised or discussed by other stakeholders.

In the context of the COVID-19 crisis, regulators and supervisory authorities have the responsibility to ensure that information is available to monitor and assess the risks associated with banks’ activities. COVID-19 reporting requirements cover data that are crucial for understanding the soundness of all credit institutions. The MFSA is hereby providing detailed information on such reporting requirements.

1) Banking Rule 23 – Reporting and Disclosure of Exposures subject to Measures applied in response to the COVID-19 Crisis, setting out reporting requirements emanating from EBA Guidelines on COVID-19 measures reporting and disclosure

Required to be submitted by all credit institutions on an individual, sub-consolidated and consolidated basis, as applicable.

• Frequency of reporting: Monthly reporting, unless otherwise informed by MFSA and/or ECB.
• Format of submission: Excel (.xlsx) for reference dates until August 2020; both Excel (.xlsx) and XBRL format as from September 2020 reference date.

i) Significant Institutions

First reference and remittance dates: as per JST communication.

ii) Less Significant Institutions and Significant Subsidiaries

First reference date: 30 June 2020.

First remittance date: 11 August 2020.

Downloads

All credit institutions:

• Download Reporting Templates applicable from December 2022 reference date here – Updated 20/10/2022.
• Download Reporting Templates applicable till August 2020 reference date here – Updated 15/07/2020.
• Download Reporting Templates applicable from September 2020 reference date here – Updated 30/09/2020.
• Download Instructions to Reporting Templates here (Annex 2 of BR/23).
• Download MFSA Submission Guidelines here – Updated 23/10/2020.

Significant Institutions: Download ECB COVID-19 reporting instructions here (as per JST communication) – Updated 25/02/2021.

Since 2007, the Authority has converted all Banking Directives into Banking Rules. Nevertheless Banking Directives BD/04 and BD/06 have been retained hereunder in their original format and content for reference purposes only. Similarly Banking Rule BR/03 has been revised during 2010 and the previous version is retained hereunder for reference purposes only.

BR/03/2008 Own Funds Of Credit Institutions Authorised Under The Banking Act 1994

  Own Funds of Credit Institutions

  Appendix 2

BD/04/2002 Solvency Ratio Of Credit Institutions Authorised Under The Banking Act 1994

  Solvency Ratio of Credit Institutions

  Capital Adequacy Summary Return

  Summary Schedule

  Own Funds – Appendix 2

  Other Capital and Non-Capital Liabilities

  Assets

  Off-Balance Sheet Items

  Int and For Exchange Rate Related Contracts

  Asset Items Collaterilised

BD/06/2005 Statutory Financial Information To Be Submitted By Credit Institutions Under The Banking Act 1994

Statutory Financial Information Directive

Instructions to the Schedules Appendices 1-11

Specimen Schedules Appendix 12

  Summary of Banking Notices

  Notice 02 – Notice on the Legal and Regulatory Provisions of Representative Offices of Foreign Banks in Malta authorised under the Banking Act 1994

  Notice 05 – Notice on Advertising for Deposits by Bank Institutions authorised under the Banking Act 1994

 European Banking Authority

 European Central Bank